UK firms putting plans on hold ahead of EU vote: survey
LONDON (Reuters) – Big British firms are delaying deals and hiring decisions ahead of a referendum on the country’s European Union membership, a survey showed on Monday, adding to signs that uncertainty around the vote is weighing on the economy.
IMF chief denies threat to pull out of Greek bailout
ATHENS/WASHINGTON (Reuters) – International Monetary Fund Managing Director Christine Lagarde denied on Sunday that IMF staff would push Greece closer to default as a negotiating tactic on a new Greek bailout deal, which she said was “still a good dist…
Britain says government contracts must consider local steel firms
LONDON (Reuters) – Britain said on Sunday that UK steel producers must be considered for infrastructure and other government contracts involving steel supplies, as part of plans to find a long-term solution to a crisis in the industry.
Kashkari takes on Wall Street from farm-rich Fed region
(Reuters) – From his seat atop the Fed’s smallest bank, in a region known for fracking, farming and ranching, Neel Kashkari wants to make sure he’s heard well beyond the northern plains.
Blackstone denies seeking to acquire Brazil mall operator
RIO DE JANEIRO (Reuters) – Investment firm Blackstone Group LP on Sunday said it is not considering an acquisition of Brazilian shopping mall operator BR Malls Participacoes SA , denying a report published early in the day by newspaper O Globo.
Societe Generale to cut 128 jobs in its GBIS division: union
PARIS (Reuters) – French bank Societe Generale is planning to cut 128 jobs at its Global Banking & Investor Solutions division, the CGT union said in an e-mailed statement Sunday.
Tesla says Model 3 orders top $10 billion in first 36 hours
DETROIT (Reuters) – Tesla Motors Inc said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours — a fast start for the company’s first mass-market vehicle, which may not begin to reach customers for another 18 months or more.
Deutsche Bank loses top 3 investment bank rating, research firm says: Financial Times
(Reuters) – Deutsche Bank has fallen from third to fifth among the world’s top investment banks, according to data released by financial industry research house Coalition.
Exxon Mobil reaches agreement to restart crippled Torrance FCC
HOUSTON (Reuters) – Exxon Mobil has reached an agreement with California state regulators to restart a gasoline unit at its Torrance refinery in Los Angeles that went out of service in February 2015 following an explosion.
Japan’s MUFG on hunt for M&A deals in U.S., Indonesia: top executive
TOKYO (Reuters) – Japan’s biggest bank, Mitsubishi UFJ Financial Group (MUFG) , is on the lookout for acquisition opportunities in the United States and Indonesia as it pursues its goal of becoming a global financial powerhouse, the head of its core un…
