UBS Fires Traders And Managers Over Libor - Report
Switzerland's biggest bank UBS AG (UBS) has fired about 24 traders and managers in connection with an investigation into the manipulation of benchmark Libor interest rate, Swiss newspaper Der Sonntag reports.
TSMC Joins ASML's Customer Co Investment Program
Taiwan Semiconductor Manufacturing Co. Ltd (2230.TW,TSM) said Sunday it will join the Dutch semiconductor customer's co-investment program, following a similar move of chip giant Intel Corp. (INTC).
TSMC: Acquired 5% of ASML for EUR838 Million
Global contract chip maker Taiwan Semiconductor Manufacturing Co. (TSM) said Sunday it has acquired 5% of Dutch semiconductor-equipment maker ASML Holding NV (ASML.AE) for 838 million euros ($1.04 billion) as it aims to accelerate the development of next-generation semiconductor-manufacturing
Marks & Spencer Seen as Bid Target - Newspaper
U.K. retailer Marks & Spencer Group PLC (MAKSY) is being eyed as a potential 6 billion pound (9.4 billion dollar) bid target after a 50% slump in its shares since 2007, the Sunday Telegraph reports, citing banking sources.
EU Regulators Quiz EMI Rivals On Universal Deal - Newspaper
European anti-trust regulators are asking music industry rivals whether Vivendi SA's (VIV.FR) Universal Music Group is proposing to sell off enough of its U.S. business, the Sunday Telegraph reports, citing a questionnaire it has seen.