Goldman says its overseas hiring practices being investigated
(Reuters) – Goldman Sachs Group Inc disclosed on Friday that it was being investigated over its hiring practices outside the United States.
Pfizer under fire in Europe, U.S. as it weighs next Astra move
LONDON (Reuters) – U.S. drugmaker Pfizer is under fire on both sides of the Atlantic as it weighs its next move to buy British rival AstraZeneca , which could be a sweetened offer next week.
Apple to unveil iPhone 6 in August, earlier than expected -report
TAIPEI (Reuters) – Apple Inc will unveil the next incarnation of its popular iPhone series in August, one month earlier than industry watchers were generally expecting, Taiwanese media reported on Friday citing unidentified supply-chain sources.
China pledges to push ahead with capital market reforms
SHANGHAI (Reuters) – China pledged on Friday to push ahead with a broad range of capital market reforms as it seeks to encourage more efficient capital allocation, increase foreign investment and improve transparency of its markets.
Britain wants binding pledges from Pfizer on AstraZeneca bid
LONDON (Reuters) – The British government needs to be confident that any commitments made by Pfizer in a proposed takeover of AstraZeneca are binding, British Deputy Prime Minister Nick Clegg said on Friday.
BOJ to set aside more reserves as balance sheet grows
TOKYO (Reuters) – The Bank of Japan will set aside four times the amount of money it normally would as reserves to offset the risk posed by the assets it is rapidly adding to its balance sheet with its quantitative easing.
Banks to return $4.66 billion in crisis loans to ECB next week
FRANKFURT (Reuters) – Banks will return 3.365 billion euros ($4.66 billion) in long-term crisis loans to the European Central Bank next week, less than expected but more than this week as banks trim down their reliance on ECB funding and return to the …
Japan first-quarter growth driven by spending before tax rise; exports dim outlook
TOKYO (Reuters) – Japan’s economy probably grew the most in a year in the January-March quarter as consumers rushed to spend before a sales-tax increase, a Reuters poll showed, but persistent weakness in external demand could pose a risk to growth ahea…
Credit Suisse says doing everything it can to settle U.S. tax probe
ZURICH (Reuters) – Credit Suisse is doing everything in its power to reach a settlement with U.S. authorities who are probing whether and how its private bankers helped wealthy Americans dodge their taxes, executives will tell the bank’s shareholders o…
Maryland, Delaware governors concerned about Pfizer-Astra deal
(Reuters) – The governors of Maryland and Delaware on Thursday sent a letter to Pfizer Inc Chief Executive Officer Ian Read “expressing deep concerns” about the pharmaceutical company’s bid to acquire London-based AstraZeneca Plc .
