SWIFT rejects Bangladeshi claims in cyber heist, police stand firm
(Reuters) – SWIFT has rejected allegations by officials in Bangladesh that technicians with the global messaging system made the nation’s central bank more vulnerable to hacking before an $81 million cyber heist in February.
Conoco CEO looks at hedging options but says market limited
HOUSTON (Reuters) – ConocoPhillips has looked at using derivatives to lock in oil prices in a volatile market, including so-called floors to guard against any new price drops, but Chief Executive Ryan Lance said on Tuesday the company is too big to he…
U.S. job openings hit eight-month high, skills mismatch emerging
WASHINGTON (Reuters) – U.S. job openings increased in March to the highest level in eight months and layoffs continued to decline, indicating the labor market remains fairly robust despite April’s slowdown in employment gains.
U.S. Fed awards $31.04 billion in reverse repos
NEW YORK (Reuters) – The Federal Reserve on Tuesday awarded $31.04 billion of one-day, fixed-rate reverse repurchase agreements to 24 bidders at an interest rate of 0.25 percent, the New York Fed said on its website.
Allergan profit beats estimates, share buybacks planned
(Reuters) – Allergan Plc , whose $160 billion merger with Pfizer Inc collapsed last month, reported a higher-than-expected quarterly profit and said it would buy back up to $10 billion in company stock, helping lift its shares 4 percent.
Exclusive: Say goodbye to OPEC, powerful Putin pal predicts
MOSCOW (Reuters) – Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel.
Global stocks climb along with oil; yen retreats again
NEW YORK (Reuters) – World stock markets rallied on Tuesday as oil prices climbed and companies reported solid earnings, while the yen again retreated against the dollar.
Best-paid U.S. hedge fund managers take home $13 billion
BOSTON (Reuters) – Hedge funds lost money for their investors last year but the industry’s top-paid managers had a banner year, with five men earning more than $1 billion each in 2015, an industry survey released on Tuesday showed. (See the survey http…
Vivint Solar to take part in SunEdison’s bankruptcy case
(Reuters) – Solar panel installer Vivint Solar Inc said it would participate in SunEdison Inc’s bankruptcy case to maximize its recovery from claims against SunEdison, which terminated its agreement to buy Vivint in March.
Exclusive: Medivation succumbs to pressure to explore sale – sources
(Reuters) – Medivation Inc will actively seek to sell itself after the US cancer drug maker rejected a $9.3 billion takeover offer from France’s Sanofi SA , according to people familiar with the situation.
