U.S. jobless claims signal firmer labor market; other data mixed
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen.
Russian ruble weakens as traders see no major measures in Putin speech
MOSCOW (Reuters) – The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis at his end-of-year news conference.
Volkswagen CEO says will certainly meet 2017 profit goal: source
DRESDEN, Germany (Reuters) – Volkswagen AG Chief Executive Martin Winterkorn said Europe’s largest carmaker would definitely be able to improve its results by 5 billion euros by 2017 as planned, according to a person close to management thinking who at…
Two Wells Fargo units to pay $1.5 million for anti-money laundering lapses: FINRA
(Reuters) – Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Financial Industry Regulatory Authority (FINRA) said on Thursday.
Brazil Congress’ Petrobras probe urges charges against 52 people
RIO DE JANEIRO (Reuters) – A Brazilian congressional investigative committee issued its final report on alleged corruption at state-run oil company Petroleo Brasileiro SA on Thursday with a recommendation that prosecutors file charges against 52 people…
GM, JLR suspend car deliveries to Russian dealers
HAMBURG/PARIS (Reuters) – Carmakers including General Motors and Jaguar Land Rover have stopped delivering to Russian dealerships in response to the sharp slide in the value of the rouble.
Credit Suisse says no plans to levy negative rates on savings accounts
ZURICH (Reuters) – Credit Suisse said on Thursday it currently has no plans to levy negative interest rates on savings accounts, after Switzerland’s central bank said it would introduce negative rates on big commercial bank deposits.
Daimler increases provision for EU cartel probe
FRANKFURT (Reuters) – Germany’s Daimler said on Thursday it was setting aside an additional 600 million euros ($740 million) to cover potential costs related to an antitrust investigation into truckmakers by the European Commission.
Ford shuts doors of Belgium’s Genk plant
GENK, Belgium (Reuters) – Ford Motor Company produced the last car at its plant in Genk, Belgium, on Thursday, closing the site which produced some 14 million vehicles over the past 50 years.
Jaguar recalls 1,571 sedans in U.S. for possible braking issue
DETROIT (Reuters) – Jaguar Land Rover is recalling 1,571 Jaguar XJ luxury sedans in the United States for a possible braking issue, according to documents posted by U.S. safety regulators.
