Bangladesh minister says wants to ‘wipe out’ Manila bank for heist role
DHAKA (Reuters) – Bangladesh’s finance minister said late on Saturday he wanted to “wipe out” a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank’s account with the Federal Reserve Bank of New York last year…
After bitcoin’s wild week, traders brace for futures launch
NEW YORK (Reuters) – The newest way to bet on bitcoin will arrive on Sunday, when futures of the cryptocurrency that has taken Wall Street by a storm begin trading.
South Korea’s Hyundai says faces headwinds from weaker yen next year
SEOUL (Reuters) – South Korean automakers face a major headwind from a weakening Japanese yen, which will boost rivals like Toyota Motor Corp. next year, a Hyundai Motor think tank said.
Thyssenkrupp ready to make workers offer for Tata Steel deal: Bild am Sonntag
BERLIN (Reuters) – Thyssenkrupp is prepared to offer workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, German weekly Bild am Sonntag reported, citing an internal me…
VW executive convicted in U.S. may seek transfer to Germany: Welt am Sonntag
BERLIN (Reuters) – Volkswagen executive Oliver Schmidt, convicted in the United States this week for his role in the German carmaker’s emissions scandal, may ask to serve his prison sentence in Germany, German weekly Welt am Sonntag reported, citing s…
Apple in talks to acquire music identification app Shazam: source
SAN FRANCISCO (Reuters) – Apple Inc is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an audio source, according to a person familiar with the situation.
PepsiCo to move to Nasdaq after nearly a century with NYSE
(Reuters) – PepsiCo Inc is moving its listing to the Nasdaq, ending a century-long association with the New York Stock Exchange.
Apple’s Ive returns to helm of design teams
(Reuters) – Apple Inc Chief Design Officer Jony Ive is returning to day-to-day management of the company’s design teams after handing off managerial duties two years ago to focus on other projects, Apple told Reuters on Friday.
Delta Air Lines cancels hundreds of flights due to winter storm
NEW YORK (Reuters) – Delta Air Lines has canceled more than 600 flights due to inclement weather at its Atlanta hub, the carrier said on Friday, as a winter storm travels towards the northeast, threatening more cancellations and delays.
Tax-loss selling to pressure 2017’s losers in December
NEW YORK (Reuters) – Stocks that have been lackluster so far in 2017 are unlikely to see their fortunes reversed in the final month of the year, as investors engage in tax-harvesting practices before the new year.
