Business

French investigating magistrates have issued arrest warrants for three former Swiss managers at UBS in connection with their investigation into whether the bank helped tax dodgers, a judicial source told Reuters on Tuesday.

European Union antitrust regulators are to probe deeper into Siemens' bid for U.S. oilfield equipment maker Dresser-Rand Group Inc on concerns that the $7.6 billion deal may reduce competition and push up prices.

South Korea's LG Electronics Inc, whose appliance chief has been indicted on a charge of purposely damaging Samsung Electronics Co Ltd washing machines, issued a video clip that it says shows the executive was merely testing its rival's products in plain view at a store in Germany.