Greek PM says differences between lenders delaying bailout review: paper
ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras said on Saturday that differences between the country’s international lenders over its pension reform plans are delaying the first review of its latest financial bailout.
Dijsselbloem rejects calls for looser banking rules
AMSTERDAM (Reuters) – Eurogroup chairman Jeroen Dijsselbloem rejected calls for banking union regulations to be loosened after weeks of falling bank shares, saying new European bail-in rules had caused investors to look “more critically” at risks born …
China Lunar New Year holiday retail sales up 11.2 percent year-on-year
BEIJING (Reuters) – China’s retail sales grew 11.2 percent during the week-long Lunar New Year vacation compared with the same holiday period last year, Ministry of Commerce data showed on Saturday.
Visa’s investment in Square represents about 1 percent stake
SAN FRANCISCO (Reuters) – Visa Inc , the world’s largest credit and debit card company, said on Friday it currently has about a 1 percent stake in mobile payments company Square Inc based on a 2011 investment.
Apple to launch new iPhone, iPad in March: 9to5mac
(Reuters) – Apple Inc is on target to introduce its next iPhone and iPad models on March 15, and aims to start selling the devices in the same week, technology blog 9to5Mac reported, citing sources.
Exclusive: Boeing nears decision to self-fund more F/A-18 fighters
WASHINGTON (Reuters) – Boeing Co is nearing a decision to invest “a significant amount” to keep a F/A-18E/F fighter jet production line in St. Louis running as it waits for the U.S. government to approve a delayed order by Kuwait for 28 jets, a senior …
Loeb says Third Point raised short bets to avoid losses
BOSTON (Reuters) – Billionaire investor Daniel Loeb has told clients his firm has taken more defensive bets in the face of tumbling markets by dramatically increasing its short positions, which helped Third Point avoid “calamitous” losses last year.
Bank of America chief Moynihan gets 23 percent pay hike
(Reuters) – Bank of America Corp raised Chairman and Chief Executive Officer Brian Moynihan’s compensation by 23 percent in 2015, a year the bank more than doubled its profits.
Wall Street rallies; S&P 500 snaps five-day losing streak
(Reuters) – U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded.
Twitter says Dorsey continues to forego direct compensation
(Reuters) – Twitter Inc Chief Executive Jack Dorsey has agreed to continue to forego any form of direct compensation, a regulatory filing by the company showed on Friday.
