Barclays' Agius Faces U.K. Parliament on Libor

June 10 (Bloomberg) -- Bloomberg's Edward Evans reports on Barclays chairman Marcus Agius' testimony before the U.K. Treasury Select Committee on the company's manipulation of Libor rates. Agius announced that former CEO Robert Diamond will receive a $3 million payout, about a tenth of his full entitlement. He speaks on Bloomberg Television's "Bloomberg Surveillance."
Pirelli on Track for Chinese Takeover
14:26 - Pirelli is on course to be taken over by ChinaChem - a state-owned chemical giant that makes everything from pesticides to latex to resins for plastics. The deal could bolster the Italian tire maker’s presence in the industrial market and value it at 7.4 billion euros, while continuing to manufacture high-end car tires for elite brands like Ferrari, McLaren and Bentley. Bloomberg's Eric Johnson reports. (Source: Bloomberg)
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