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European shares inch up on earnings news but Fiat skids

* FTSEurofirst 300 ends steady after choppy trading * Results from Credit Agricole, Henkel support * Fiat slips on scepticism over a new business plan By Atul Prakash LONDON, May 7 (Reuters) - European equities inched higher on Wednesday as positive...
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Internet giant Alibaba files IPO

China's Alibaba will soon sell shares in what could be the biggest tech IPO ever. CNN's Jim Boulden reports.{MBD} {IMAGE}

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Yellen says US economy on the mend

In testimony in front of Congress, Federal Reserve chair Janet Yellen says the US economy is recovering after a brutal winter but adds the Fed remains prepared to act if it falters.

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Barclays to announce big job cuts

Barclays is expected to announce as many as 15,000 job cuts in its strategy announcement due on Thursday, according to BBC business editor Kamal Ahmed.

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European shares steady, Fiat skids

* FTSEurofirst 300 index flat in late trading * Results from Credit Agricole, Henkel support * Fiat slips on scepticism over a new business plan By Atul Prakash LONDON, May 7 (Reuters) - European equities steadied in late trading on Wednesday, with a...
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Kuwait's Investment Dar makes new offer to creditors

Investment Dar INVDA.UL , the Kuwaiti firm which holds a stake in luxury carmaker Aston Martin, said on Wednesday it had made a settlement-in-kind offer to creditors, in the latest of a long line of restructurings at the company.

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