Deutsche Bank could settle U.S. penalty this week: source
FRANKFURT/NEW YORK (Reuters) – Deutsche Bank could this week agree a penalty with the U.S. Department of Justice over the sale of toxic mortgage debt, one person with direct knowledge of the matter said on Monday.
Bosch expected to settle U.S. Volkswagen diesel claims for $300 million: source
WASHINGTON (Reuters) – German auto supplier Robert Bosch GmbH [ROBG.UL] is expected to settle a lawsuit filed by U.S. owners related to the Volkswagen pollution scandal for more than $300 million, a source briefed on the matter said on Monday.
WPP receives U.S. subpoenas over video production practices
LONDON (Reuters) – WPP , the world’s largest advertising agency, said on Monday that three of its subsidiaries had received subpoenas from the U.S. Department of Justice as part of an investigation into video production practices in the advertising ind…
Exclusive: Iran to get first Airbus jet within weeks under sanctions pact
PARIS (Reuters) – Iran expects to get its first new jet within weeks under a multi-billion-dollar deal with Airbus for 100 planes, a senior official said on Monday, as Tehran and Western firms race to reopen trade almost a year after sanctions were lif…
Murdoch denies pressuring UK prime ministers ahead of Sky submission
LONDON (Reuters) – Rupert Murdoch said on Monday he had never asked a British prime minister for anything, seeking to play down his influence ahead of what is likely to be a politically charged approval process for his $14.6 billion bid for pay-TV grou…
Oil price eases to $55 per barrel on stronger dollar
LONDON (Reuters) – Oil prices edged down on Monday due to a renewed dollar rally but were still supported at levels of around $55 per barrel on the back of delays in new Libyan oil exports and expectations of tighter supplies going into 2017.
Ukraine’s largest bank rescued by state, Poroshenko urges depositors to stay calm
KIEV (Reuters) – Ukraine took over its largest bank on Monday in a move backed by Kiev’s international donors to protect the country’s financial system and accompanied by an appeal from President Petro Poroshenko for calm and assurances to depositors.
Delta Air to end codeshare deal with Alaska Air
(Reuters) – Delta Air Lines Inc said on Monday it would end its codeshare agreement with Alaska Air Group Inc as the latter would focus on its merger with Virgin America Inc .
Lennar profit beats as housing market shows steady recovery
(Reuters) – Lennar Corp , the No. 2 U.S. homebuilder, reported higher-than-expected quarterly profit and revenue and said the housing market continued to make a “slow and steady recovery.”
Dollar, yields, stocks all cool their jets
LONDON (Reuters) – Stocks, the dollar and bond yields all drifted lower on Monday as investors cashed in on some of their recent bets that the anticipated fiscal boost from the incoming Trump administration will support riskier assets at the expense of…
