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Italy opposition bloc and unions against Alitalia deal

ROME (Reuters) - Italy’s opposition — leading in opinion polls ahead of April’s vote — said on Tuesday it opposed Alitalia’s takeover by Air France-KLM, considered the carrier’s last shot at avoiding bankruptcy.

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Italy opposition bloc and unions against Alitalia deal

Bidding ends in U.S. wireless auction but winners unclear

WASHINGTON (Reuters) - A U.S. government auction of wireless airwaves ended on Tuesday raising a record $19.59 billion (9.7 billion pounds), but winners of the valuable spectrum were not immediately identified.

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Bidding ends in U.S. wireless auction but winners unclear

NYC to probe if Bear Stearns deceived investors

NEW YORK (Reuters) - New York City’s comptroller, who helps oversee the city’s pension funds, on Tuesday said he will investigate whether the failure of Bear Stearns & Co was due to miscalculation or deception, which could trigger a lawsuit to recover losses.

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NYC to probe if Bear Stearns deceived investors

Fed delivers 3/4 point cut

WASHINGTON/NEW YORK (Reuters) - The Federal Reserve on Tuesday slashed U.S. interest rates by a hefty three-quarters of a percentage point, giving a lift to a Wall Street already jubilant over stronger-than-expected investment bank earnings.

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Fed delivers 3/4 point cut

Bear Stearns surges on deal jockeying

NEW YORK (Reuters) - Bear Stearns Cos Inc shares surged as much as 77 percent on Tuesday, as investors speculated on the outcome of JPMorgan Chase & Co’s bid to buy the storied investment bank.

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Bear Stearns surges on deal jockeying

Oil rebounds over $109 after Fed cuts rates

NEW YORK (Reuters) - Oil prices rebounded sharply on Tuesday to over $109 a barrel after the U.S. Federal Reserve deepened interest rate cuts to fend off a recession.

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Oil rebounds over $109 after Fed cuts rates

Fed cuts key U.S. interest rate by 3/4 point

WASHINGTON (Reuters) - The Federal Reserve slashed a key U.S. interest rate by three-quarters of a percentage point on Tuesday, a substantial cut but smaller than many in financial markets had expected, as part of an effort to hold off a deep recession and financial meltdown.

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Fed cuts key U.S. interest rate by 3/4 point

Court reverses Exxon freeze on Venezuela assets

LONDON (Reuters) - A UK judge has overturned a decision to freeze $12 billion (6 billion pounds) of Venezuelan assets awarded to Exxon Mobil in a setback to the oil giant’s fight to win compensation for a seized oil project but a boost for leftist President Hugo Chavez.

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Court reverses Exxon freeze on Venezuela assets

SocGen trader Kerviel gets out of jail

PARIS (Reuters) - Jerome Kerviel, the Frenchman blamed by his company for the world’s biggest rogue trading scandal, left jail on Tuesday after winning a legal battle against detention.

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SocGen trader Kerviel gets out of jail

Govt to outline Tote plans by end of April

LONDON (Reuters) - The government expects to outline its plans for the sale of state-owned Tote bookmaker by the end of April.

Govt to outline Tote plans by end of April