  | | | | | (Reuters) - Citigroup Inc said it agreed to pay $7 billion to settle a U.S. government investigation into mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis. | | |  | | | | | LONDON (Reuters) - London-listed drugmaker Shire Plc succumbed to an increased 31 billion pounds ($53 billion) takeover offer from Abbvie Inc on Monday, signaling the conclusion to a long-running courtship largely motivated by tax. | | | |  | | | | | (Reuters) - Citigroup Inc reported a stronger-than expected adjusted quarterly profit as its fixed-income business performed ahead of forecasts, taking the sting out of a $7 billion settlement with the Justice Department over flawed mortgage securities. | | | |  | | | | | NEW YORK (Reuters) - U.S. stocks were poised for a higher open on Monday after the latest flurry of merger activity and earnings from Citigroup, putting the S&P 500 on track to rebound from its worst weekly decline since April. | | | |  | | | | | FARNBOROUGH England (Reuters) - Airbus announced a revamp of its twin-aisle A330 passenger jet on Monday, sharpening a contest with Boeing for up to $250 billion of orders at the core of the market as the start of the Farnborough Airshow fueled a debate about new technology. | | | |  | | | | | NEW YORK (Reuters) - Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation. | | | |  | | | | | FARNBOROUGH England (Reuters) - The U.S. and UK militaries are "not giving up" on bringing the Lockheed Martin F-35 Joint Strike Fighter to Britain for a high-profile air show this week after an engine fire prompted a fleetwide grounding, a top U.S. official said Monday. | | | |  | | | | | FARNBOROUGH England (Reuters) - U.S. planemaker Boeing said its range of aircraft meant it was well-placed to compete in the latest stage of a long-haul battle against European rival Airbus , which earlier stole the limelight with a plan to revamp its A330 jet. | | |  | | | | | SHANGHAI (Reuters) - Prosecutors in China have filed charges against British investigator Peter Humphrey and his American wife, the official Xinhua news agency said on Monday, after the couple were detained last year following work they did for British drugmaker GlaxoSmithKline Plc . | | | | | | LISBON (Reuters) - Portugal's top bank was under new management on Monday, installing a respected economist as chief executive under pressure from the central bank after worries about the lender's links to the financially troubled Espirito Santo empire had unsettled international markets. | | | |  |  | | | 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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