German banks’ group wants uncertainties in sector settled soon
WASHINGTON (Reuters) – The sooner uncertainties in Germany’s banking sector can be settled the better, the head of the BdB banking association, Michael Kemmer, said on Saturday.
Beijing says China to improve access for foreign companies
BEIJING (Reuters) – China’s State Council, or cabinet, said on Saturday the country is committed to improve access for foreign companies in China, as part of “a new round of high-level opening up”.
U.S.’ Lew says must avoid competitive devaluation in meeting with Aso
WASHINGTON (Reuters) – U.S. Treasury Secretary Jack Lew stressed the importance of adhering to a Group of 20 agreement to refrain from competitive currency devaluation in a meeting with his Japanese counterpart Taro Aso, the U.S. Treasury Department sa…
Congresswoman raises concerns about VW settlement oversight
SAN FRANCISCO/WASHINGTON (Reuters) – A settlement with U.S. regulators gives Volkswagen AG too much authority over how to spend $2 billion on electric vehicle technology, a U.S. congresswoman from California said this week in a letter, echoing concern…
Lawsuit claims Yahoo job reviews discriminated against men
San Francisco (Reuters) – A Yahoo Inc media executive fired from the internet company last year has filed a lawsuit claiming a job review process implemented by Chief Executive Marissa Mayer was used to cut men from executive ranks and lay them off il…
Mylan to pay $465 million over EpiPen Medicaid rebate dispute
(Reuters) – Mylan NV on Friday said it will pay $465 million to settle questions of whether it underpaid U.S. government healthcare programs by misclassifying its EpiPen emergency allergy treatment, which has come under intense scrutiny after a series…
Greece likely to get part or all of next loan tranche on Monday: sources
WASHINGTON (Reuters) – Euro zone finance ministers are likely to approve on Monday the disbursement of much or all of the money from the 2.8 billion euro ($3.14 billion) tranche of loans Greece is waiting for, two senior euro zone officials said on Fri…
Fed’s Brainard sees blockchain as revolutionary, but still to prove itself
WASHINGTON (Reuters) – The technology behind the controversial bitcoin electronic currency could lead to sweeping improvements in how financial transactions are carried out worldwide, Federal Reserve Governor Lael Brainard said on Friday.
Finance leaders issue fresh warnings amid Deutsche worries, pound rout
WASHINGTON (Reuters) – World finance leaders issued fresh warnings about economic stability risks on Friday amid worries about a massive U.S. fine for Deutsche Bank destabilizing Germany’s largest bank, a sharp fall in the British pound and weak global…
Wall Street sees Fed rate hike by year-end after jobs data: Reuters poll
NEW YORK (Reuters) – A solid U.S. jobs report for September reinforced expectations among Wall Street’s top banks that the Federal Reserve would raise interest rates by the end of the year, according to a Reuters poll conducted on Friday.
