Canada’s Toyota workers poised to vote on joining union
TORONTO (Reuters) – Workers at Toyota Motor Corp’s Canadian plants are set to vote next week on whether to become the first at wholly owned Toyota facilities in North America to unionize, a push Canada’s biggest private-sector union is confident will s…
Deutsche puts FX sales director in London on leave: source
(Reuters) – Deutsche Bank AG, the world’s largest currency trader, has placed on leave a director of institutional foreign exchange sales as part of an internal investigation into potential exchange rate manipulation, a source familiar with the matter …
Harder to make American Eagle grow without Embraer jets: executive
SAO PAULO (Reuters) – Without new planes from Brazilian aircraft producer Embraer SA , regional airline American Eagle will have a harder time growing, the chief executive of the carrier’s parent, company American Airlines Group Inc , said on Monday.
FSB’s Carney says to crack too-big-to-fail bank barriers by December
LONDON (Reuters) – Global regulators aim to crack two of biggest barriers to ending “too big to fail” banks by the end of this year, Financial Stability Board Chairman Mark Carney said on Monday.
GE explores sale of GE Money Bank Nordics: sources
LONDON/STOCKHOLM (Reuters) – U.S. conglomerate General Electric Co is exploring the sale of its GE Money Bank unit in the Nordic region, which could fetch up to 2 billion euros ($2.75 billion), as it retreats from the finance sector, sources close to t…
U.S. soda sales decline worsened in 2013: Beverage Digest
NEW YORK (Reuters) – The decline in U.S. sales of carbonated soft drinks accelerated in 2013, according to a leading beverage industry newsletter.
Wall Street groups pan SEC’s asset-backed securities draft plan
WASHINGTON (Reuters) – Two major Wall Street trade groups have criticized a plan floated last month by U.S. regulators to force issuers to disclose more sensitive loan-level data to investors, saying it could make companies more vulnerable to lawsuits….
China’s Xi wins EU pledge to consider free-trade deal
BRUSSELS (Reuters) – Chinese President Xi Jinping won a promise from the European Union on Monday to consider a multi-billion-dollar free-trade deal with his country, a long-held goal for Beijing which divides Europe.
New York state joins New York City in suing FedEx over untaxed cigarettes
(Reuters) – New York state joined New York City in suing FedEx Corp for allegedly violating state and federal laws by delivering untaxed cigarettes, but the company said customer privacy prevented it from checking packages without reason.
Euro zone inflation drops to lowest since 2009
BRUSSELS (Reuters) – Euro zone inflation hit its lowest level since November 2009 in March, a shock drop that raises expectations the European Central Bank will take radical action to stop the threat of deflation in the currency bloc.