Deutsche Bank aims for strategy decision next week: newspaper
FRANKFURT (Reuters) – Deutsche Bank’s management board aims to decide on its future business model next week and present its strategy at an extraordinary meeting of its supervisory board on April 24, Handelsblatt newspaper reported on Monday without ci…
Do not take market-based views at face value: San Francisco Fed
SAN FRANCISCO (Reuters) – Federal Reserve policymakers should not read too much into financial market prices to glean the views of investors on interest rates or inflation because prices are hard to decipher, according to research released Monday by th…
Frozen assets? Weather issue looms for Dunkin’ Donuts in first quarter
NEW YORK (Reuters) – Dunkin’ Donuts is a favorite of Bostonians and New Yorkers, but its regional popularity may have worked against it in the first quarter, when many of its customers may have been too cold and snowbound to make it to their stores.
OPEC publication urges non-members to help stabilize oil market
LONDON (Reuters) – OPEC has criticized unidentified non-member countries for their refusal to cooperate with the oil exporter group in propping up prices and repeated its call for them to do so.
Austrian help for Carinthia in Heta not boundless: Schelling
VIENNA (Reuters) – Austria is not prepared to provide unlimited help to the province of Carinthia as the region comes to grips with its debt guarantees for the “bad bank” Heta [HAABI.UL], Finance Minister Hans Joerg Schelling told the magazine Der Boer…
Exclusive: ConocoPhillips to launch U.S. asset sales – sources
(Reuters) – ConocoPhillips is preparing the sale of noncore oil and gas producing acreage in the United States, in the latest sign that oil majors are becoming more accepting of lower oil prices, according to people familiar with the matter.
Ricci perfumes heiress found guilty in HSBC tax fraud case
PARIS (Reuters) – A Paris court on Monday found the heiress of the Nina Ricci perfume and fashion business guilty of tax fraud in a high-profile trial prompted by leaked lists of people who used the services of HSBC bank in Switzerland.
Greece casts shadow as ECB money printing buoys euro zone
FRANKFURT (Reuters) – European Central Bank policymakers gathering on Wednesday will examine possible further emergency funding for Greece’s banks as they take stock of a wider economic picture showing early signs of improvement.
Exclusive: Fed’s Williams sees less risk of rate retreat after lift-off
SAN FRANCISCO (Reuters) – As the U.S. job market improves, the risk is receding that an unexpected setback could derail the recovery once the Federal Reserve raises interest rates, San Francisco Fed President John Williams told Reuters.
Oil companies’ profits hit by quest for crude price exposure
LONDON (Reuters) – The drop in big oil companies’ profits in the past eight months isn’t just a function of lower crude prices – it also reflects strategic choices.
