| | UBS, Deutsche Bank confirm cooperation in forex probes | ZURICH (Reuters) - UBS and Deutsche Bank confirmed they were cooperating with regulators probing alleged rigging in the $5.3 trillion-a-day foreign exchange market, with UBS saying it had taken "swift action" to review its operations. | | | | | | Dow, S&P 500 hit record closing highs on Fed outlook | NEW YORK (Reuters) - The Dow and the S&P 500 ended at record closing highs on Tuesday after economic data supported views that the Federal Reserve will keep its stimulus intact for several months and IBM gained after it announced a stock buyback. | | | | | | Time Warner Cable CEO Britt says he has cancer | (Reuters) - Time Warner Cable Chief Executive Glenn Britt disclosed to employees on Tuesday that he is undergoing treatment for cancer but said he will continue working until his retirement at the end of the year. | | | | | | Airbus won't deliver fewer than 25 A380 a year: CEO in paper | PARIS (Reuters) - Airbus kept its 2013 goals for the A380 despite a dearth of orders, but struck a more cautious note for future years, saying it would not on average deliver fewer than 25, which is below the level built into its longer-term financial targets. | | | | | | Dutch Rabobank fined $1 billion over Libor scandal | AMSTERDAM (Reuters) - U.S. and European regulators have fined Dutch lender Rabobank $1 billion for rigging benchmark interest rates, making it the fifth bank punished in a scandal that has helped to shred faith in the industry. | | | | | | | | 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 | |