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LONDON (Reuters) - European shares turned lower but major currencies and commodities stuck within recent ranges on Wednesday as investors awaited clarity on the U.S. Federal Reserve's next policy move. Full Story


German cartel court takes on Porsche lawsuit: source
BERLIN (Reuters) - A German court has assigned an investor lawsuit seeking about 2 billion euros ($2.7 billion) in damages from Porsche SE <PSHG_p.DE> to a court specializing on cartel matters, a person familiar with the matter told Reuters. Full Story

Fed seen keeping options open on pace of bond buying
WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Full Story

Santander says does not need to make new bad debt provisions
SANTANDER, Spain (Reuters) - Spanish banking group Santander <SAN.MC> does not need additional provisions to meet new Bank of Spain rules on recognizing bad debt, Deputy Chairman Matias Rodriguez Inciarte said on Wednesday. Full Story

New Eurofighter chief aims to make jet cheaper
PARIS (Reuters) - The new chief of the Eurofighter Typhoon will lay out plans by the end of this year to make the fighter jet cheaper and decision-making quicker, as the aircraft gears up to vie for more business in an increasingly crowded and competitive market. Full Story

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