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  • LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday as it continues a review of the division that contributes about half of group profit. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.

  • JOHANNESBURG, April 17- Africa's demand for bandwidth is doubling every year, outpacing the laying of terrestrial telecom fibre links and encouraging commercial satellite operators to launch more units into orbit.

  • Barclays reorganises management of investment bank Thursday, 17 Apr 2014 | 9:32 AM ET

    LONDON, April 17- Barclays announced a number of promotions in its investment bank's management on Friday, while it continues with a review of the division that contributes about half of the group's total profits. Felder, who joined Barclays from now-defunct U.S. investment bank Lehman Brothers in 2008, was previously co-head of securities.

  • China factories face new challenge as growth slows Thursday, 17 Apr 2014 | 4:05 AM ET

    HONG KONG— As China's growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient low cost producer is no longer enough to prosper. Caught in the middle are companies like Linan Meite, which sells shipping-container loads of electronics cable to customers in Europe and North and South America.

  • April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.

  • LONDON, April 16- Britain's economy kept up its strong rate of growth at the start of 2014 and is expected to slow only marginally as the Bank of England leaves its main interest rate at rock bottom for another year, a Reuters poll found.

  • Yuan steady, seen rangebound in near term Wednesday, 16 Apr 2014 | 1:52 AM ET

    HONG KONG, April 16- China's yuan held steady against the dollar and traded narrowly on Wednesday, shrugging off the impact of a midpoint at seven-month lows and sluggish economic growth in the first quarter.

  • *Diageo offers to buy up to 26 pct more of United Spirits. MUMBAI/ LONDON, April 15- Diageo, the world's biggest spirits maker, has launched a $1.9 billion bid to nearly double its stake in United Spirits Ltd, offering a rich price in the hope that India's increasingly wealthy consumers will drink more alcohol.

  • FACTBOX-Commodity market squeezes of the past decade Monday, 14 Apr 2014 | 2:52 PM ET

    Glencore, named as a co-conspirator, also bought a number of Brent cargoes to satisfy a tender to supply refiners in India. STRATEGY: BP Plc was alleged to have bought nearly all the propane in the Mont Belvieu storage fields in advance, then held on to it until the end of the month, when other companies that needed the gas on a northern pipeline would pay up for it.

  • *Indexes breaks losing streak on U.S. data, Citi results. LONDON, April 14- Strong U.S. economic data helped pan-European equity indexes snap a three-day losing streak on Monday but appetite for risk remained muted as the threat of violence between Ukrainian forces and pro- Russia separatists loomed.

  • *FTSEurofirst 300, Euro STOXX 50 both flat. LONDON, April 14- Cyclical shares weighed on European bourses on Monday as tensions in Ukraine and volatile global markets prompted investors to take a more cautious stance on growth and cash in on some of the best performers of the past nine months.

  • SINGAPORE, April 14- Palladium gained for a fifth straight session on Monday to its highest since August 2011 on growing fears that supply would be hurt by more U.S. sanctions on top producer Russia and prolonged labour strikes in No. 2 producer South Africa.

  • Europe's top banks cut 80,000 in post-crisis overhaul Sunday, 13 Apr 2014 | 11:50 AM ET

    Europe's largest banks cut their staff by another 3.5 percent last year

  • LONDON, April 13- Europe's largest banks cut their staff by another 3.5 percent last year and the prospect of a return to pre-crisis employment levels seems far off, despite the region's fledgling economic recovery.

  • *American Express, Citigroup, Discover prevail. NEW YORK, April 10- Consumers suffered a setback on Thursday as three big credit card issuers won the dismissal of U.S. lawsuits accusing them of colluding to require that disputes be settled in arbitration rather than class action lawsuits.

  • UPDATE 2-Big credit card issuers defeat collusion lawsuit Thursday, 10 Apr 2014 | 11:44 AM ET

    *American Express, Citigroup, Discover prevail. NEW YORK, April 10- Consumers suffered a setback on Thursday as three big credit card issuers won the dismissal of U.S. lawsuits accusing them of colluding to require that disputes be settled in arbitration rather than class action lawsuits.

  • China to permit cross-border stock trading with HK Thursday, 10 Apr 2014 | 4:20 AM ET

    HONG KONG— China unveiled a plan Thursday that would give foreign investors greater access to its stock market by allowing investors in Shanghai and Hong Kong to trade shares on each other's exchanges.

  • SEOUL, April 10- South Korea's central bank held interest rates steady for an 11th consecutive month, as expected, at the new governor's debut policy meeting, with markets pricing in rates being raised from late 2014..

  • LONDON, April 9- Borrow-low, invest-high carry trades in foreign exchange markets are back again after a bad few months, as anticipation of a U.S.-led global recovery lures investors to return to risky emerging currencies, with the euro a likely loser.

  • European shares gain as auto stocks pick up speed Wednesday, 9 Apr 2014 | 6:53 AM ET

    LONDON, April 9- European shares rebounded on Wednesday, led by automakers, although caution ahead of the European earnings season could keep gains under check. Volkswagen rose 2.8 percent and Porsche 3.9 percent after Bernstein raised its ratings for the shares, traders said. It also said Volkswagen had extensive exposure to a European market recovery.

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