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Paris, Berlin play down Sarkozy plan to reverse Brexit

PARIS/BERLIN France and Germany distanced themselves on Wednesday from a suggestion by French presidential candidate Nicolas Sarkozy that he could reverse Brexit if elected next year by negotiating a new European Union treaty more acceptable to Britain.

Germany denies preparing to rescue Deutsche Bank

FRANKFURT The German government denied that it was working on a rescue of Deutsche Bank after a newspaper report about such plans fuelled fears over the future of the biggest lender in Europe's largest economy.

EU warns Deutsche Boerse, LSE deal could harm competition

BRUSSELS/FRANKFURT EU antitrust regulators on Wednesday raised a raft of concerns over the proposed $28 billion (£21.56 billion) merger between Deutsche Boerse and the London Stock Exchange , saying it could hinder competition in key financial market activities.

Israel's elder statesman, Shimon Peres, dies at 93

JERUSALEM Former Israeli president and elder statesman Shimon Peres, a joint winner of the 1994 Nobel Peace Prize and an influential figure in Israeli politics for 70 years, died in hospital on Wednesday aged 93, two weeks after suffering a massive stroke.

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