Ukraine ceasefire hopes push stocks, ruble higher
LONDON (Reuters) – World markets jumped on Wednesday as Ukraine’s President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.
EU regulators fine Infineon, Samsung, Philips 138 million euros
BRUSSELS (Reuters) – European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards.
Carlsberg shares jump after Ukraine ceasefire news- trader, data
COPENHAGEN (Reuters) – Shares in Danish brewer Carlsberg jumped over 4 percent on Wednesday after reports that Ukraine and Russia had reached a ceasefire agreement in the eastern Ukraine.
Audi expects to sell more than 1.7 mln cars in 2014 – CEO
MARBELLA Spain (Reuters) – Premium car maker Audi expects to sell more than 1.7 million cars in 2014 even as sales momentum in some emerging markets slows, Chief Executive Rupert Stadler said.
U.S. bank regulators set to adopt liquidity, swaps margin rules
WASHINGTON (Reuters) – U.S. bank regulators plan to adopt on Wednesday rules forcing big banks to hold more assets that they could sell easily in a credit crunch, a requirement that is closely linked to the experience of the 2007-2009 financial crisis….
Celebrity hacking clouds Apple’s upcoming product launch
SAN FRANCISCO (Reuters) – Apple Inc has often displayed uncanny timing, with its well-orchestrated end-of-year iPhone releases. But the leak of racy celebrity photos in the past few days put the company in the unusual position of having to mend its ima…
Apple says its systems not to blame for celebrity photo breach
SAN FRANCISCO (Reuters) – The week before a crucial launch of its new iPhone, Apple Inc said intimate photos of celebrities including Oscar-winner Jennifer Lawrence were leaked online through the apparent hacking of individual iCloud accounts.
Shell CEO says U.S. should export oil to stabilize markets
NEW YORK (Reuters) – U.S. policymakers should gradually lift the country’s decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc said on Tu…
U.S. SEC charges Houston adviser with not disclosing fund payments
(Reuters) – A Houston-based investment advisory firm steered clients to certain mutual funds without disclosing that it was receiving payments from the broker who offered those funds, the U.S. Securities and Exchange Commission alleged in a civil fraud…
BP asks court to remove claims administrator in Gulf spill case
HOUSTON (Reuters) – BP Plc asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict of interest…
