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Auto rally powers European stocks to near six-month peak

European shares were on course for a fifth day of gains on Tuesday, powered by a strong rally in automakers after Peugeot suggested Fiat Chrysler was among the options for a merger, and as Bank of America Merrill Lynch talked up stocks in the sector.

Barclays hires Credit Suisse internet banker

Barclays Plc said on Tuesday it had hired Robert Peck, an investment banker focussed on the internet space who previously worked at Credit Suisse Group AG, the second internet banker it has hired in the past two months.

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