Bangladesh police launch heist probe; Manila banker took away cash in car
DHAKA/MANILA (Reuters) – Bangladesh police launched a criminal investigation on Thursday into the cyber theft of $81 million from the central bank’s U.S. account but said it was too early to pinpoint any suspects.
Viacom extends COO’s employment agreement through 2018
(Reuters) – Viacom Inc said on Thursday it extended the employment agreement of Chief Operating Officer Thomas Dooley 10 months before his current contract was set to expire, settling uncertainty over whether the executive would stay with the multi-bil…
U.S. fed funds rate holds at 0.37 pct
NEW YORK (Reuters) – The U.S. interest rate that the Federal Reserve targets to conduct its monetary policy held at 0.37 percent for a second day on Wednesday, according to Fed data released on Thursday.
Deutsche Bank shareholder won’t back second term for chairman: magazine
FRANKFURT (Reuters) – Deutsche Bank’s second-largest shareholder will not back Chairman Paul Achleitner for a second term because of his lack of success in turning the bank around, a German magazine reported.
Lufthansa says A320neo engine improving but not there yet
FRANKFURT (Reuters) – Lufthansa said issues with the new engine of its A320neo plane are not fully fixed and as a result it was not ready to put more of the revamped Airbus jets into commercial service.
Boeing, Airbus eye Indian growth amid fears of global slowdown
HYDERABAD, India (Reuters) – Boeing and Airbus expect Indian airlines to order up to 1,740 jets over the next 20 years, as aircraft manufacturers eye one of the world’s fastest-growing aviation markets to offset any weaker sales elsewhere.
Shell, Aramco U.S. refining breakup lets both pursue ambitious goals
LONDON (Reuters) – The breakup of Royal Dutch Shell’s and Saudi Aramco’s giant U.S. refining joint venture draws a line under an often rocky relationship and allows Aramco to accelerate an ambitious public offering and Shell to push ahead with a large …
Deutsche Bank to cut retail outlets, hire sales experts
MAINZ, Germany (Reuters) – Deutsche Bank is reducing its network of retail outlets in Germany to 500 from more than 700 as it seeks to lower costs and adjust to an increasingly digital banking sector, a board member said.
Investor Woodford calls for outsider to head GlaxoSmithKline
LONDON (Reuters) – Fund manager Neil Woodford, a top investor in GlaxoSmithKline and a critic of the drugmaker’s current structure, said on Thursday he wanted to see an outsider replace Andrew Witty as the group’s chief executive.
European cars to use more aluminum to meet CO2 targets
CAPE TOWN (Reuters) – The amount of light, recyclable aluminum in European cars will rise to 180 kg on average by 2020 as automakers look to cut harmful carbon emissions, a senior metals industry official said.
