Osborne files suit over EU short-selling rules - FT

LONDON (Reuters) - Chancellor George Osborne is suing the European Union over plans to ban the short-selling of financial products, arguing it would be overreaching its powers, the Financial Times newspaper reported on Thursday. Britain is at odds with much of the EU over financial regulations put forward by France but opposed by Prime Minister David Cameron on grounds that they would be crippling to London's financial industry. ...