Warren Buffet faces pressure for more disclosure: FT
(Reuters) – Investment analysts are criticizing Warren Buffett over the quality of the financial disclosures of his company, Berkshire Hathaway , the Financial Times reported on Sunday.
Oil company CEOs likely to avoid big hit to compensation – for now
BOSTON (Reuters) – These are nervous times at the top of North America’s oil companies. Executives are trying to cope with the plunge in oil prices and are slashing costs as they watch earnings and revenue drop. Their own compensation, though, may not yet be on the chopping block.
Currency-hedged ETFs in vogue as investors clamor for more
NEW YORK (Reuters) – U.S. investors spooked by wild swings in the foreign exchange market are piling into exchange-traded funds that strip out the local currency on their international equity portfolios, making them one of the most sought-after financi…
Spurring growth center stage as finance chiefs meet in Istanbul
ISTANBUL (Reuters) – Finance ministers and central bankers face a tough task coordinating action to spur global growth at G20 meetings this week, with major economies running at different speeds and monetary policies diverging.
China’s imports slump, capping dismal January trade performance
SHANGHAI (Reuters) – China’s trade performance slumped in January, with exports falling 3.3 percent from year-ago levels while imports tumbled 19.9 percent, far worse than analysts had expected and highlighting deepening weakness in the Chinese economy…
G20, EU leaders meet in a week to mend Greece
LONDON (Reuters) – Meetings of G20 finance ministers and EU leaders top and tail this week with Greece’s fate uppermost in policymakers’ minds and global turbulence caused by diverging monetary policies and cheap oil coming a close second.
Oil price fall exacerbated by hedging, energy firms’ debt: BIS
LONDON (Reuters) – Oil’s dramatic price fall since mid-2014 cannot be explained by changes in production and consumption alone, with hedging and energy firms’ high debt levels also playing a part, the Bank for International Settlements (BIS) said on Saturday.
John Whitehead, former leader of Goldman Sachs, dies at 92
WASHINGTON (Reuters) – John Whitehead, a former senior partner and co-chairman of Goldman Sachs who helped make it a top-tier Wall Street firm and led its international expansion, has died, the investment bank said on Saturday. He was 92.
Exclusive: Top Fox investors seek to convert voting shares, Murdoch may benefit
NEW YORK (Reuters) – Several top investors in Twenty-First Century Fox Inc are pressing for the right to swap their voting shares for ordinary shares, which are trading at an unusual premium, even though the move could hand even more control of the com…
Different delivery, one message to Greece’s new leaders
ROME/PARIS (Reuters) – In Paris and Rome, it was sugar coated; in Berlin and Frankfurt unequivocal. But the message from European capitals to Greece’s new leaders was the same at every stop on last week’s tour – stick to your commitments.
