Business

Business

• Ex-policeman jailed for selling info to UK paper

  A former police officer has been jailed in Britain for selling information to Rupert Murdoch's Sun newspaper. Alan Tierney, who formerly worked at ... 

• 

  1-room hotel with a view opens in Prague TV tower

  It's a room with a view. A tall television tower in the Czech capital of Prague that has been called one of the world's ugliest buildings has a new ... 

• Swiss papers say US eyes tax info in Liechtenstein

  Swiss media report that U.S. prosecutors are poised to step up their probes of wealthy U.S. tax evaders using the tiny principality of Liechtenstein. 

• EU agency obliges Spain to correct deficit figure

  Spain's finance ministry says the European Union's statistics office, Eurostat, has obliged it to revise its deficit figure for 2012 upward — from 6. 

• UK to start giving food stamps, not cash, to poor

  Local governments in Britain say they will be issuing "food stamps" — vouchers for food and other essentials — to the poor to replace cash loans as ... 

• 

  Knox case puts Italian justice under scrutiny

  When crooked American financier Bernie Madoff was sentenced in New York, the leading Italian newspaper Corriere della Sera published a front-page ... 

• Credit Suisse buys Morgan Stanley wealth unit

  Credit Suisse Group will buy Morgan Stanley's wealth management businesses in Europe, the Middle East and Africa, but not in Switzerland. 

• UK banks told to raise another $38 billion

  Britain's new banking regulator recommended Wednesday that the nation's lenders increase their capital buffers by 25 billion pounds ($37.9 billion) ... 

• 

  Hundreds of Greek seamen unpaid for months

  In rain and shrieking wind, the ferry strains at its ropes, the gangplank creaking and scraping against the pier. A sailor on night watch duty huddles ... 

• 

  Asian stocks follow US higher on upbeat econ data

  Asian markets were mostly higher Wednesday, following gains on Wall Street after upbeat economic data from the world's largest economy. 

• BP contractor denies destroying US trial evidence

  BP's cement contractor on the drilling rig that exploded in 2010 and caused the worst offshore oil spill in U.S. history said its recent discovery of ... 

• Europe's financial crisis leads to suicide surge

  The harsh spending cuts introduced by European governments to tackle their crippling debt problems have not only pitched the region into recession — ... 

• United Technologies sells power systems business

  United Technologies Corp. is selling a former Goodrich Corp. electric power systems business for about $400 million to French aerospace manufacturer ... 

• ECB, Eurogroup at odds over Cyprus rescue as model

  Europe's leading institutions clashed in a rare sign of public discord Tuesday over what shape future financial rescues will take following the ... 

• 

  Cyprus businesses hurt as banks stay shut

  Cypriot businesses were under increasing strain to keep running on Tuesday after financial authorities stretched the country's bank closure into a ... 

• 

  British teenage whiz strikes deal with Yahoo

  At 17, he's a tech whiz, he's rich — and he can even offer some advice on how to raise your kids. Teenage programmer Nick D'Aloisio's decision to sell ... 

• 

  South Africa signs deals with Russia, China

  South Africa signed a raft of agreements with Russia and China on Tuesday, from maintenance for Russian helicopters in Africa to exchanges of solar ... 

• Italy's Serie B introduces salary caps for players

  Italy's Serie B is introducing a salary cap to help stave off financial crisis for its 22 clubs. Under the system approved Tuesday, contracts signed ... 

• Swedish expert to lead weapons probe in Syria

  Secretary-General Ban Ki-moon on Tuesday appointed a Swedish professor who was a U.N. chemical weapons inspector in Iraq and now works at a research ... 

• Bulgaria charges ex-minister with corruption

  Bulgaria's former agriculture minister has been charged with corruption and bribery linked to the distribution of EU agricultural funds in the Balkan ... 

• 

  US company to run UK search and rescue helicopters

  A private U.S. company is to take over the work of Britain's military search-and-rescue helicopter service, whose pilots include Prince William. 

• Google clashes with Swedes over 'ungoogleable'

  Sweden's language watchdog has accused Google of trying to control the Swedish language in a dispute over the definition of the colloquial term ... 

• 

  Piraeus to pay $678 million for Cypriot bank units

  Greece's Piraeus Bank reached an agreement Tuesday to buy the Greek operations of three Cypriot banks for 524 million euros ($678 million), as stock ... 

• No UK tax breaks for foreign players at 2015 RWC

  Top foreign players coming for the 2015 Rugby World Cup in England will not be exempt from taxes. British authorities tax the earnings of overseas ...