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Thermo Fisher is projecting global tax rate under 3%, but executive says U.S. tax system makes it hard to compete overseas.
Country faces cash flow crisis as more than 2 billion euros in debt payments are due Friday.
Investment banks balk at draft rule that would require fixed-income market research to be paid for separately from trades' bid-ask spread.
Arrest of RBS trader for lying to clients intended to send a message to other traders.
'Worst of all possible worlds for savers' may push T-bill rates below zero.