Oil dips on rising crude inventories after Trump’s shock victory
SINGAPORE (Reuters) – Oil prices dipped on Thursday, pulled down by rising U.S. crude inventories and as markets tried to interpret U.S. President-elect Donald Trump’s surprise victory.
Goldman names 84 new members to partner class, six more than prior group
(Reuters) – Goldman Sachs Group Inc elevated 84 employees on Wednesday to its prestigious partner class. The new group has six more people than the prior class, which was announced in 2014. The latest induction will bring the total number of partners …
Leaked emails show top Rio executives knew of Guinea payment
SYDNEY (Reuters) – Top Rio Tinto executives in 2011 approved a $10.5 million payment to a consultant to smooth relations with the president of Guinea as it struggled to secure land for a giant iron ore mine, emails made public on Thursday showed.
S&P affirms U.S. investment-grade ratings after presidential election
(Reuters) – Ratings agency Standard & Poor’s affirmed the United States’ investment-grade ‘AA+/A-1+’ rating on Wednesday, a day after the presidential election, while maintaining its stable outlook.
Dollar extends gains on dramatic Trump turnaround rally
TOKYO (Reuters) – The dollar extended gains in Asian trading on Thursday, rebounding on a rise in U.S. Treasury yields on higher inflation expectations following Republican candidate Donald Trump’s victory in the presidential election.
Twitter says COO Adam Bain to leave, Noto to take his place
SAN FRANCISCO (Reuters) – Twitter Inc said on Wednesday that Chief Operating Officer Adam Bain, widely credited with building a robust advertising business at the company even as it struggled with user growth, is leaving to explore other opportunities….
Exclusive: Pfizer weighs sale or spin-off of consumer health unit – sources
(Reuters) – U.S. drugmaker Pfizer Inc is evaluating a potential sale or spin-off of its consumer health division that could value the unit at as much as $14 billion, people familiar with the matter said on Wednesday.
At Samsung Electronics, Lee signals more board power in nod to investors
SEOUL (Reuters) – Jay Y. Lee, de facto head of South Korea’s sprawling Samsung Group, accelerated taking a board seat at flagship unit Samsung Electronics partly because of investor pressure to improve governance, two people familiar with the matter s…
Unions brace for pro-business shift in labor policy under Trump
NEW YORK (Reuters) – Unions in the United States face sweeping changes to labor law and regulations under a new Republican administration that is expected to tilt policy toward employers.
Exclusive: Goldman Sachs considers Frankfurt move over Brexit – sources
FRANKFURT/NEW YORK (Reuters) – Goldman Sachs is considering shifting some of its assets and operations from London to Frankfurt, three people familiar with the matter said, as it tries to secure access to the European Union market when Britain leaves t…
