Bafin exonerates Deutsche Bank’s Jain in Libor probe: Handelsblatt
FRANKFURT (Reuters) – German financial watchdog Bafin has found that Deutsche Bank co-Chief Executive Anshu Jain was neither aware nor part of possible attempts at the German lender to manipulate interest rates, German newspaper Handelsblatt reported.
U.S. gasoline prices fall to four-year low: Lundberg survey
(Reuters) – The average price of a gallon of gasoline in the United States has dropped one dollar since early May, the lowest price in more than four years, according to the Lundberg survey released Sunday.
Sony investigator says cyber attack ‘unparalleled’ crime
LOS ANGELES/BOSTON (Reuters) – Forensics experts hired by Sony Corp to investigate the massive cyber attack at its Hollywood studio said the breach was unprecedented, well-planned and carried out by an “organized group,” according to an email obtained …
North Korea says its supporters may be behind Sony attack
SEOUL/BOSTON (Reuters) – The Pyongyang government’s state-run media said the cyber attack on Sony’s Hollywood studio may have been the work of pro-North Korean supporters in a report on Sunday that dismissed charges that the country itself was to blame…
Sudden market swings, dollar rise expose emerging market vulnerability: BIS
ZURICH (Reuters) – Sudden swings in financial markets recently suggest they are becoming more fragile and sensitive to unexpected events, the global organization of central banks said on Sunday, warning that a rising U.S. dollar could have a “profound …
Ukraine expects Russian gas supplies to resume Monday: minister
KIEV (Reuters) – Ukraine expects Russia to resume supplies of gas from Monday after Kiev transferred a pre-payment of $378 million to Gazprom, its energy minister said on Sunday.
Uber cab driver in India arrested after suspected rape
NEW DELHI (Reuters) – Indian police on Sunday arrested an Uber cab driver suspected of raping a female passenger and said they would take legal action against the U.S. online taxi service for failing to run background checks on him.
BP to wield jobs ax as oil price slump takes toll: report
LONDON (Reuters) – BP is to ax middle managers and could freeze projects as it grapples with the plummeting oil price, The Sunday Times reported, citing finance director Brian Gilvary.
ECB’s loans offer clues in QE guessing game
BRUSSELS (Reuters) – The guessing game over the timing of euro zone money printing will intensify as the European Central Bank unveils a closely watched gauge of policy in the coming week, the highlight of a calendar dominated by Europe’s malaise.
Bank on ‘Super Mario’ to give Europe a monetary jolt
FRANKFURT (Reuters) – From his office on the 41st floor of the gleaming new European Central Bank headquarters, Mario Draghi’s view stretches far beyond Frankfurt’s high-rise financial center and he doesn’t like what he sees.
