Business Today: JPMorgan sues Berlin transport provider over derivatives contract

	Click to View in Browser 01/20/2014 JPMorgan sues Berlin transport provider over derivatives contract LONDON (Reuters) - JPMorgan is suing Berlin's public transport provider in a British court to recover the $204 million plus interest it says it is owed over an "unfortunate" derivatives contract taken out before the financial crisis. China cheer muted as Deutsche Bank sets European nerves jangling LONDON (Reuters) - Big losses for Germany's biggest bank meant European markets started the week on a sour note on Monday as slightly better than expected Chinese data failed to dispel a general air of caution. Deutsche Bank to rein in global bond trading in profit push FRANKFURT (Reuters) - Deutsche Bank is to rein in global trading ambitions to put more emphasis on profitability than size at its core bond trading business where a sharp drop in revenues contributed to a big fourth quarter loss. Peugeot moves closer to Dongfeng deal as sales sag PARIS/LONDON (Reuters) - French carmaker PSA Peugeot Citroen has taken a decisive step towards a tie-up with China's Dongfeng Motor Co. as the board approved the outlines of a contentious survival plan that divided the founding Peugeot family. Lenovo resumes talks to buy IBM unit: source NEW YORK (Reuters) - China's Lenovo Group Ltd has resumed discussions to buy International Business Machines Corp's low-end server unit, a source familiar with the matter told Reuters. Air industry mulls jet fuel hedging options DUBLIN (Reuters) - Taking out complex call options or even buying a refinery are some of the measures airlines should consider as they try to combat volatile oil prices, air finance industry experts said. Argentina to make debt offer to Paris Club: source PARIS (Reuters) - Argentina will make an offer to members of the Paris Club on Monday to renegotiate the terms of some $9.5 billion of debt it still owes to the group of creditor nations, an Argentine source said. Brewer AB InBev grows in Asia with $5.8 billion Korea return HONG KONG/BRUSSELS (Reuters) - Anheuser-Busch InBev SA, the world's biggest brewer, agreed to buy back South Korea's Oriental Brewery Co Ltd (OB) for $5.8 billion including debt, returning to a large Asian market at a time of strong industry growth across the region. Waiver helps UK credit unions take on payday lenders LONDON (Reuters) - A new type of loan insurance could help Britain's credit unions take on payday lenders charging sky-high rates and go some way to plugging a protection gap left by the country's worst-ever mis-selling scandal. Panama Canal Authority rejects EU mediation offer in contract row MILAN/BRUSSELS (Reuters) - The Panama Canal Authority (PCA) has turned down an offer by the European Commission to mediate in a multi-billion dollar dispute with a Spanish-led construction consortium which threatens to halt work on widening the century-old waterway. Related Video Can Peugeot keep its Gallic identity? South Africa braces for miners strikes Economic News Unwinding of stimulus need not hit economy, assets: Bank of England study China's 2013 economic growth dodges 14-year low but further slowing seen A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend