Europe moves ahead with fiscal union, UK isolated | December 09, 2011 08:33 AM ET | BRUSSELS (Reuters) - Europe divided on Friday in a historic rift over building a closer fiscal union to preserve the euro, with an overwhelming majority of countries led by Germany and France agreeing to forge ahead with a separate treaty, leaving the EU's third biggest economy Britain isolated. | Full Article | Moody's cuts three French banks | December 09, 2011 07:34 AM ET | PARIS (Reuters) - Ratings agency Moody's downgraded the debt of BNP Paribas , Societe Generale , and Credit Agricole on Friday, citing deteriorating liquidity and funding conditions. | Full Article | Exclusive: China to create $300 billion FX investment vehicle | December 09, 2011 07:29 AM ET | BEIJING (Reuters) - China's central bank plans to create a new vehicle to manage investment funds worth a total of $300 billion to improve returns on the world's largest stockpile of foreign exchange reserves, a source with knowledge of the matter told Reuters. | Full Article | | | US TOP NEWS | MF Global's Corzine: I did not intend to break rules | December 08, 2011 11:21 PM ET | WASHINGTON (Reuters) - A contrite Jon Corzine, in his first public defense of his leadership of now-bankrupt futures brokerage MF Global, told U.S. lawmakers he "never intended" to break rules and had no clue what happened to hundreds of millions of dollars in missing customer money. | Full Article | Pakistan army believes NATO attack planned: reports | December 09, 2011 06:02 AM ET | ISLAMABAD (Reuters) - A senior Pakistani military officer said a NATO air strike killing 24 Pakistani troops on the Afghan border last month was pre-planned and warned of more attacks, comments likely to fuel tension with the United States. | Full Article | Two dead in Virginia Tech University shooting | December 08, 2011 11:52 PM ET | BLACKSBURG, Virginia (Reuters) - A gunman ambushed and killed a campus police officer and was later reported to have been found dead on Thursday at Virginia Tech University, the site of one of the worst shooting rampages in U.S. history. | Full Article | Samsung wins round in long legal fight with Apple | December 08, 2011 11:17 PM ET | SYDNEY/SEOUL (Reuters) - Samsung Electronics Co won a round of its bruising global patent fight with Apple Inc on Friday when an Australian court lifted a ban on the sale of its Galaxy tablet computer in time for the busy Christmas shopping season. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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