Symantec agrees to buy LifeLock for $2.3 billion in cash: media
(Reuters) – Computer security software manufacturer Symantec Corp. will acquire LifeLock Inc. for $2.3 billion in cash, according to a tweet from CNBC, citing Dow Jones.
AIG eyes ‘direct investments’ in mortgages: FT.com
(Reuters) – Insurer American International Group, or AIG, is looking to move into residential property loans with plans to make what company representatives called direct investments in mortgages, the Financial Times reported Sunday.
Trump to be held to his word on Fed independence: Bullard
BERLIN (Reuters) – The U.S. Federal Reserve will hold U.S. President-elect Donald Trump to his word on preserving the central bank’s independence, policymaker James Bullard told a German newspaper on Sunday.
Deutsche nominates chairman for second term, clears him of Libor blame: source
FRANKFURT (Reuters) – Deutsche Bank has nominated its chairman for a second term after an internal probe cleared him of accusations that he was partly to blame for the bank’s poor cooperation with authorities in a probe into rate-rigging, a source clos…
After initial Trump trade, politics keep stocks on edge
NEW YORK (Reuters) – Arguing over politics is a Thanksgiving Day tradition, but Donald Trump’s presidential election adds a new twist to any bickering at next week’s holiday dinner table: What the new U.S. government could mean for your stock portfolio…
Volkswagen CEO says sees case for building own battery factory: paper
FRANKFURT (Reuters) – Europe’s largest carmaker Volkswagen sees building its own factory to make electronic vehicle batteries as a logical move as it expands production of low-emission cars after its emissions scandal.
China pledges further opening as leaders scramble for free trade
LIMA (Reuters) – Chinese President Xi Jinping pledged to open the economy further on Saturday as leaders of Asia-Pacific countries sought new free-trade options following Donald Trump’s election to U.S. president on promises to scrap or renegotiate tr…
Hong Kong firms in China charm-push ahead of Hong Kong-Shenzhen investment link
SHANGHAI (Reuters) – Scores of Hong Kong-listed companies – many small – are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong.
Asian export nations wary dollar boost gives Trump pretext to beat them
TOKYO/SEOUL (Reuters) – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protec…
VW no longer expects tax demands in Germany related to diesel scandal
FRANKFURT (Reuters) – Volkswagen does not expect the German government to make tax demands to cover revenue losses related to the carmaker’s diesel scandal, a company spokesman said on Saturday.
