Germany meets bankers in Frankfurt for Brexit talks
FRANKFURT (Reuters) – Germany’s top regulators met about 50 envoys from foreign banks on Monday to explain how they could move business to Europe’s biggest economy after Britain leaves the European Union, German financial watchdog Bafin said.
Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban
NEW YORK (Reuters) – Starbucks Corp Chief Executive Officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries, two days after U.S. President Donald Trump’s executive order banning refugees fr…
Trump travel ban stirs faint corporate outcry beyond Silicon Valley
NEW YORK/BOSTON (Reuters) – Most U.S. corporate bosses have stayed silent on President Donald Trump’s immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House.
Office Depot names Lenovo senior executive Gerry Smith as CEO
(Reuters) – Office Depot Inc , No. 2 U.S. office supplies retailer, appointed Lenovo Group Ltd senior executive Gerry Smith as its chief executive and board member Joseph Vassalluzzo as chairman from Feb. 27.
Citigroup to exit U.S. mortgage servicing operations by 2018
(Reuters) – Citigroup Inc said on Monday it would speed up the transformation of its U.S. mortgage business by exiting servicing operations by the end of 2018.
Chevron says to give CEO fewer stock options
(Reuters) – Oil and natural gas producer Chevron Corp said it would give its top executive fewer stock options after shareholders expressed concern about executive pay.
Negative effective of currency rates on company results fall in third quarter
NEW YORK (Reuters) – Currency market fluctuations in the third quarter of 2016 had the smallest negative impact on North American companies’ financial results since 2014, FIREapps said in a report on Monday.
Sony takes $976 million charge on movie segment as DVD market shrinks
TOKYO (Reuters) – Sony Corp said it booked an impairment charge of 112.1 billion yen ($976 million) on the goodwill value of its movie segment in the quarter ended December, as online streaming services sapped demand for movie DVDs.
Shares fall, dollar dips versus yen after Trump travels curbs
LONDON (Reuters) – Shares fell in Europe and Asia on Monday and the dollar dipped against the yen after immigration curbs introduced by Donald Trump added an extra layer of uncertainty to the economic impact of the new U.S. president’s policies.
Oil slides as strong U.S. drilling activity weakens deal to cut output
LONDON (Reuters) – Oil prices fell on Monday as news of another increase in U.S. drilling activity spread concern over rising oil output just as many of the world’s oil producers are trying to comply with a deal to pump less in an attempt to prop up pr…
