London / Reuters Sterling climbed on Tuesday as European investors returned to work from the Easter break, up around 0.6 percent on a trade-weighted basis since the market close last Thursday, as nerves over a possible British exit from the EU quietened somewhat. The pound had hit a two-year low last week against the Bank of England’s trade-weighted basket of ...

Paris / AFP A decision by PSA Peugeot Citroen to double its chairman’s salary to five million euros has sparked angry debate in France, with Finance Minister Michel Sapin on Tuesday qualifying the raise as “harmful”. Carlos Tavares, the chairman of Europe’s second biggest carmaker, earned €5.24 million ($5.8 million) in 2015, up from 2.75 million in 2014, company documents ...

Bloomberg You know you have an issue with tax collection when the person tasked with boosting it is fired for fraud. But where some see a problem, others spot opportunity, and governments in eastern Europe have identified unpaid taxes as a means of swelling their coffers. Romania, whose tax chief was dispatched last month over alleged misallocation of European Union ...