Australia ready to join China-led bank, seeks clarity on governance
SYDNEY (Reuters) – Australia is “well and truly” disposed to join the China-led Asian Infrastructure Investment Bank (AIIB), Prime Minister Tony Abbott said on Wednesday, but wants to know how much power Beijing would hold in the institution before a f…
European shares dip but hold near highs after Ifo
LONDON (Reuters) – European shares dipped on Wednesday but held near multi-year highs and the euro rose against the dollar after a survey showed the German business climate improving.
EU to impose anti-dumping duties on China, Taiwan stainless steel
BRUSSELS (Reuters) – The European Union will impose punitive anti-dumping duties from Thursday on imports of stainless steel cold-rolled sheet from China and Taiwan, according to a notice on Wednesday in the EU’s Official Journal.
Top U.S. CEOs reaped billions from stock gains in recent years, Reuters analysis shows
BOSTON (Reuters) – CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The r…
Japan, NZ agree U.S. fast-track bill vital for TPP talks: Amari
TOKYO (Reuters) – Japan and New Zealand share the view that a fast-track trade bill in the United States is extremely important for the conclusion of a 12-nation Trans-Pacific Partnership (TPP) deal, the Japanese economy minister said on Wednesday.
Silicon Valley gender trial enters final stages
SAN FRANCISCO (Reuters) – Dollar signs rather than discrimination drove a former partner at venture-capital firm Kleiner Perkins Caufield & Byers to file her gender discrimination suit, a lawyer for the firm told jurors Tuesday in the high-profile trial.
Kraft in talks to be acquired by Brazil’s 3G Capital: source
(Reuters) – Kraft Foods Group Inc , maker of Velveeta cheese and Oscar Mayer meats, is in talks to be acquired by Brazilian private equity firm 3G Capital, a source familiar with the matter told Reuters on Tuesday.
Google poaches Morgan Stanley’s CFO
SAN FRANCISCO/NEW YORK (Reuters) – Google Inc hired Morgan Stanley Chief Financial Officer Ruth Porat as its own finance chief, a sign Google is aiming to rein in costs as it invests in new businesses such as self-driving cars and internet-connected ey…
Kleiner run ‘like a boys club,’ Pao attorney tells jurors
SAN FRANCISCO (Reuters) – Venture firm Kleiner Perkins Caufield & Byers was run “like a boys club,” a lawyer for one of its former partners who is suing the firm for sex discrimination told jury members on Tuesday.
Wall Street down for second straight day; energy weak
NEW YORK (Reuters) – U.S. stocks fell for a second straight session on Tuesday, with equities maintaining a tight range that corresponded with currency fluctuations as traders focused on the dollar’s strength and its possible effect on corporate earnin…
