Pimco took part in Deutsche Bank bond offerings: source
NEW YORK (Reuters) – Pacific Investment Management Co, which oversees more than $1.5 trillion in assets under management, took part in Tuesday’s $1.5 billion Deutsche Bank AG bond offering as well as a $3 billion bond deal on Friday, a source familiar…
Tesco pulls Unilever goods from website over price row
LONDON (Reuters) – Tesco , Britain’s biggest grocery chain, has pulled dozens of Unilever products from its website after a disagreement over prices in the wake of a partly Brexit-driven decline in the British pound.
Global shares remain lower, dollar up after Fed minutes
NEW YORK (Reuters) – Global equity markets remained slightly lower and the dollar a bit higher on Wednesday after minutes from a meeting of Federal Reserve policymakers last month indicated they might raise interest rates if the U.S. economy continued …
Fed policymakers closer to rate hike, but inflation doubts remain: minutes
WASHINGTON (Reuters) – Several voting Federal Reserve policymakers judged a rate hike would be warranted “relatively soon” if the U.S. economy continued to strengthen but doubts on inflation remained, according to the minutes of the Fed’s September pol…
OPEC points to larger 2017 oil surplus despite deal to cut
LONDON (Reuters) – OPEC reported a increase in its oil production in September to the highest in at least eight years and raised its forecast for 2017 non-OPEC supply growth, pointing to a larger surplus next year despite the group’s deal to cut output…
Putin says Rosneft buy of Bashneft gives impetus to privatization
MOSCOW (Reuters) – The Russian government’s sale of a controlling stake in mid-sized oil firm Bashneft to the country’s largest oil producer Rosneft should give momentum to Russia’s privatization drive, President Vladimir Putin said on Wednesday.
Air France-KLM CEO targets high costs, lack of trust with new project
BERLIN (Reuters) – Three months after taking over at Air France-KLM SA , Jean-Marc Janaillac says the loss-making airline has big problems, including high costs, an unwieldy corporate structure and a lack of trust among different parts of the company.
Deutsche Bank to pay $9.5 million penalty over research info: SEC
WASHINGTON (Reuters) – Deutsche Bank will pay a $9.5 million penalty to settle civil charges that it failed to properly safeguard material non-public information generated by its research analysts and of publishing an improper research report, U.S. reg…
ChargePoint urges judge to revise VW settlement
WASHINGTON (Reuters) – ChargePoint Inc, the world’s largest electric vehicle charging network, has asked a U.S. judge to order changes to Volkswagen AG’s $2 billion agreement with the Justice Department to boost zero emission vehicle (ZEV) infrastruct…
U.S. job openings hit eight-month low, labor market still strong
WASHINGTON (Reuters) – U.S. job openings fell to an eight-month low in August and hiring was little changed, suggesting some easing in labor market conditions amid an aging economic recovery.
