U.S. pushes China to give ground on technology trade deal
WASHINGTON (Reuters) – The United States on Monday urged China to give ground on a deal to eliminate duties on billions of dollars of technology products and said it would use talks in Beijing later this week to push to restart negotiations.
NYSE, asset managers call for lowering ‘access’ fees
WASHINGTON (Reuters) – The New York Stock Exchange and two prominent asset managers will call for reforms on Tuesday to lower the cap on fees exchanges can charge brokers to enter the market, according to prepared testimony reviewed by Reuters.
U.S., Amex duel at antitrust trial over credit card fees
NEW YORK (Reuters) – American Express Co has hindered price competition in the U.S. credit card market and prevented merchants and consumers from reaping cost savings, a lawyer for the U.S. government said on Monday during the first day of a trial in B…
China signs deal to purchase 123 Airbus helicopters
BEIJING/PARIS (Reuters) – Airbus Group NV’s helicopter division sealed a $600 million deal on Monday to sell 123 helicopters to Chinese companies during a visit by German Chancellor Angela Merkel.
Somali expats fear bank curbs on sending money home
NEW YORK (Reuters) – (This story, first published on 27 June 2014, is corrected in paragraphs 23-25 to delete statement that Dahabshiil has no arrangements with banks in Britain, also to change date of Barclays announcement to May 2013 from April and t…
South Africa’s Implats says Marula mine strike to end, tensions high
JOHANNESBURG (Reuters) – South Africa’s Impala Platinum said on Monday wildcat strikers at its Marula mine had indicated they would return to work on Tuesday and press their demands through “formal channels”.
Madoff trustee is dealt fresh legal setback
NEW YORK (Reuters) – A federal judge has limited the ability of the trustee seeking money for victims of Bernard Madoff’s Ponzi scheme to recoup sums allegedly transferred fraudulently outside the United States.
Google rates Internet service providers’ video streaming quality
WASHINGTON (Reuters) – Google Inc is rating Internet service providers’ video streaming quality on a new website, the latest development in the fight between broadband providers and content companies over who is to blame for slow streaming speeds.
New Lufthansa CEO may step up challenge to low-cost rivals
BERLIN/FRANKFURT (Reuters) – With state-owned Gulf airlines and low-cost rivals poaching more of its customers, Germany’s biggest airline Lufthansa may have decided it has little choice but to join them.
Argentine economy minister to meet debt case mediator in New York
NEW YORK/BUENOS AIRES (Reuters) – Argentina’s Economy Minister, Axel Kicillof, will meet in New York with a court-appointed mediator in the country’s dispute with holdout investors of its bonds at 2:30 p.m. EDT on Monday, the Argentine Economy Ministry said.