  | | | Credit Suisse to make heavy job cuts in Europe: sources | | LONDON (Reuters) - Swiss bank Credit Suisse is to cut senior staff in its European investment banking department by up to a third, three sources familiar with the matter said, as tighter regulation and weak markets hit the sector. | | | |  | | | Microsoft to buy Yammer for $1.2 billion | | SEATTLE (Reuters) - Microsoft Corp agreed to buy online social network firm Yammer Inc for $1.2 billion in cash, which will allow the software company to offer a service like Facebook Inc's to corporate customers. | | | |  | | | And then there were five: Cyprus seeks EU aid | | NICOSIA/ATHENS (Reuters) - A fifth euro zone country turned to Brussels for emergency funding on Monday when Cyprus announced it was seeking a lifeline for its banks and its budget, hours after Spain submitted a formal request to bail out its banks. | | | |  | | | AB InBev in talks to buy Mexico's Modelo | | BRUSSELS/LONDON (Reuters) - Anheuser-Busch InBev SA's interest in buying the rest of Mexico's Grupo Modelo on Monday warmed investors eager to see fresh consolidation in the global beer market. | | | |  | | | Spain requests bank aid, awaits Moody's cut | | MADRID (Reuters) - Spain formally requested European aid for its indebted banks on Monday but the lack of details rekindled investor doubts over the financial sector, hours before Moody's was expected to cut the ratings of all Spanish lenders. | | | | | Lockheed workers to vote Thursday on new contract | | WASHINGTON (Reuters) - Striking workers from the Fort Worth, Texas, plant where Lockheed Martin Corp builds F-16 and F-35 fighter planes will vote on Thursday on whether to accept a tentative deal reached by a key union and management late Saturday, the union said. | | | | | "Wild West" export financing needs taming: Hochberg | | WASHINGTON (Reuters) - The United States could lose exports in sectors ranging from aircraft to power equipment unless a new international pact is reached to rein in "unregulated" government export financing, the head of the U.S. Export-Import Bank said on Monday. | | | | | U.S. businesses borrow more to buy equipment in May | | (Reuters) - U.S. companies borrowed more in May mainly to replace equipment, with worries about unemployment and Europe keeping many businesses hesitant to spend for new projects, the Equipment Leasing and Finance Association said on Monday. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 | |
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