JERUSALEM (Reuters) – Most Is raelis would be reassured if Mitt Romney won next week's U.S. presidential election, feeling they had an unquestioning friend rather than a dispassionate critic in the White House. But any change would probably be a question of style over substance, analysts say, with a Republican administration expected to follow the path already laid out by President Barack Obama when it comes to Iran and the Palestinians. The allies are too joined at the hip on fundamental challenges for the head to make that much difference. … Banks would quit UK under full separation - Taylor
LONDON (Reuters) – Banks could leave the UK if they are asked to fully separate their retail and commercial arms from their investment banking activities, Martin Taylor, one of the authors of a government-commissioned review of the industry told MPs. The Independent Commission on Banking recommended lenders formed barriers between their retail operations and riskier investment arms to protect ordinary consumers better in future crisis. However, it stops short of recommending a full separation. …
Penn gets multiple requests in Bolivia
It's not clear whether Sean Penn knew ahead of his visit to Bolivia of the missions he'd be asked to assume by President Evo Morales. GM posts profit, sees break even in Europe by mid-decade
DETROIT (Reuters) – General Motors Co on Wednesday posted a far stronger-than-expected profit and said it was targeting a return to break-even levels in its money-losing Europ ean operations by mid-decade after a loss of as much as $1.8 billion in that region this year. GM's net income attributable to common shareholders in the third quarter fell to $1.48 billion, or 89 cents a share, compared with $1.74 billion, or $1.03 a share, in the year earlier quarter. Excluding one-time items, GM earned 93 cents a share, far above the 60 cents analysts polled by Thomson Reuters I/B/E/S had expected. … Top UK court rejects bid to free US-held detainee
Britain’s Supreme Court has quashed a bid by a 30-year-old Pakistani man held by the U.S. in Afghanistan to force U.K. authorities to secure his release.
Slovenia opposition seeks referendum on scheme to avert bailout
ZAGREB (Reuters) – Slovenia’s opposition has called for a referendum on two laws the government sees as crucial to help the country stave off the risk of a bailout, state news agency STA reported on Wednesday. The move, initiated by 27 deputies from Positive Slovenia (PS) and three other legislators shortly before the midnight deadline on Tuesday, could derail Prime Minister Janez Jansa’s efforts to stabilize public finances and overhaul troubled state-owned banks. …
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