EU says U.S. explanation of Yahoo email scanning not enough
BRUSSELS (Reuters) – The United States has not satisfied the European Union’s concerns about Yahoo’s scanning of all customers’ incoming emails for U.S. intelligence purposes, the bloc’s justice chief told Reuters in an interview.
Volkswagen agrees to $4.3 billion U.S. diesel settlement
WASHINGTON (Reuters) – Volkswagen AG has agreed to a $4.3 billion settlement to resolve the U.S. government’s civil and criminal investigations into the German automaker’s diesel emissions cheating, according to documents made public Wednesday.
Third of global consumers open to Google, Amazon banking: survey
NEW YORK (Reuters) – Roughly one in three banking and insurance customers globally would consider switching their accounts to Google , Amazon or Facebook if the Silicon Valley giants offered financial services, according to a new survey on Wednesday….
Mexico’s peso hits record low on Trump talk of wall, auto tax
MEXICO CITY (Reuters) – The Mexican peso <MXN=> weakened to a historic low of 22.04 per dollar and the country’s stock index fell on Wednesday, after U.S. President-elect Donald Trump warned U.S. auto companies would face a high tax for products …
Facebook launches project to improve ties with news media
(Reuters) – Facebook Inc launched its “Journalism Project” on Wednesday, as the world’s biggest social media network looks to deepen its relationship with news organizations.
NYSE to expand floor trading to all U.S. equity securities
(Reuters) – The New York Stock Exchange will make all U.S. securities available for trading on the NYSE floor by year-end, giving investors another, less speed-dependent, way to trade securities such as Nasdaq-listed stocks and exchange-traded funds.
Samsung leader named a suspect in South Korea political probe
SEOUL (Reuters) – A South Korean special prosecutor’s office will question Samsung Group [SAGR.UL] leader Jay Y. Lee as a suspect in a widening influence-peddling scandal that may force President Park Geun-hye from office.
U.S. plan to ease Wall Street rules may not be worth cost for banks: Fitch
WASHINGTON (Reuters) – Leading U.S. banks may find that a Republican plan to ease restrictions on Wall Street is not worth the additional cost of capital, a report from Fitch Ratings said on Wednesday.
IranAir takes delivery of first Airbus jet post-sanctions
PARIS (Reuters) – The head of IranAir took delivery in France on Wednesday of the first Western airliner under an international sanctions deal, calling it a “sunny day” for relations between Iran and Europe and a memorable one for aviation in the natio…
Latest Volkswagen bill for emissions scandal unlikely to top 20 billion euros: source
BERLIN (Reuters) – A settlement with the U.S. authorities over emissions test cheating will push up the cost for Volkswagen , but the bill is likely to remain below 20 billion euros ($21 billion), a source familiar with the matter said on Wednesday.
