VIENNA/ROME (Reuters) - Raising the stakes in Europe's debt crisis, Austria's finance minister said Italy may need a financial rescue because of its high borrowing costs, drawing a sharp denial on Tuesday from the Italian prime minister.
Reuters
Analysis: Endless QE? $6 trillion and counting
LONDON (Reuters) - Many more years of money printing from the world's big four central banks now looks destined to add to the $6 trillion already created since 2008 and may transform the relationship between the once fiercely-independent banks and governments.
E.ON says nuclear damages sought total 8 billion euros
FRANKFURT (Reuters) - Damages sought by E.ON AG from the enforced shutdown of nuclear power stations total 8 billion euros ($9.97 billion), a company spokesman said on Wednesday.
Sale of Lonrho unit to create African airline
LONDON (Reuters) - Lonrho on Wednesday said it had sold its aviation business to British investment firm Rubicon allowing it to create Africa-focused low cost airline FastJet with EasyJet founder Stelios Haji-Ioannou's easyGroup.
