Reuters Business Today: March 29, 2017

Click to View in Browser Wednesday, March 29, 2017 Global stocks slip, sterling steadies as Brexit becomes real LONDON (Reuters) - European shares drifted lower on Wednesday, while sterling battled back from a one-week low and regained its composure amid the drama of Britain formally triggering its exit process from the European Union. After crippling cost overruns, Toshiba's Westinghouse files for bankruptcy TOKYO (Reuters) - Toshiba Corp's U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, just three months after huge cost overruns were flagged, as the Japanese parent seeks to limit losses that threaten its future. EU vetos Deutsche Boerse-London Stock Exchange merger deal BRUSSELS (Reuters) - An attempted merger between the German and British stock exchanges was struck down by European regulators on Wednesday, formally ending a deal that unraveled in the wake of Britain's vote to leave the European Union. Ford warns Brexit deal must include tariff-free access to customs union LONDON (Reuters) - U.S. carmaker Ford said on Wednesday that Britain must secure a Brexit deal which includes full tariff-free access to the entire customs union of European countries, not just the 27 other members of the European Union. A scramble at Cisco exposes uncomfortable truths about U.S. cyber defense SAN FRANCISCO (Reuters) - When WikiLeaks founder Julian Assange disclosed earlier this month that his anti-secrecy group had obtained CIA tools for hacking into technology products made by U.S. companies, security engineers at Cisco Systems swung into action. Goldman Sachs reassures staff over Brexit in voicemail LONDON (Reuters) - Goldman Sachs sought to reassure London-based staff over potential disruption to its business as Britain prepares to leave the European Union, in a voicemail to staff sent by the Wall Street firm's Europe CEO. Other Akzo shareholders also want talks with PPG: Elliott Advisors AMSTERDAM (Reuters) - Elliott Advisors, the activist investor with a 3.25 percent stake in Akzo Nobel , said on Wednesday other shareholders owning almost a quarter of the Dutch paints and chemicals group want it to enter into talks with spurned U.S. suitor PPG Industries . GM rebuffs two-class share plan from Einhorn's Greenlight Capital (Reuters) - General Motors Co on Tuesday rejected a proposal by billionaire investor David Einhorn to split its common stock into two classes to help boost its share price. VW files complaint over searches of its dieselgate law firm BERLIN (Reuters) - Volkswagen has filed a legal complaint with a Munich court against the searches carried out by German prosecutors at the law firm it hired to investigate its emissions scandal. EU rapid drug approval plan worries some national agencies FRANKFURT (Reuters) - A push by the European Medicines Agency to speed up the approval of new drugs that show promise is running into resistance from some of the national agencies that will ultimately decide whether the medicines are worth buying. Related Video Brexit launch gives sterling the jitters Tencent deal boosts Tesla's China hopes Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook