Stocks may rise, if Ukraine worry ebbs
NEW YORK (Reuters) – The prevailing trend in U.S. stocks could be higher this week if investor anxiety eases over the crisis in Ukraine and signs of weakness in the U.S. economy.
Rabobank appoints new executive board chairman
AMSTERDAM (Reuters) – Dutch bank Rabobank, which was fined roughly $1 billion in the Libor benchmark rate fixing scandal, appointed Wiebe Draijer as chairman of its executive board, the company said on Sunday.
Apple shares to be fueled by new iPhone: Barron’s
(Reuters) – Apple Inc shares could rise by 20 percent over the next year, fueled by sales of a new version of its iPhone smartphone that is expected to have a bigger screen, according to an article in the March 24 edition of Barron’s.
With Nordic clean-up done, Cevian prepares new broom for Germany
STOCKHOLM (Reuters) – Such is the weight of Christer Gardell’s voice in Europe that Volvo’s share price jumped 4 percent one day in January when a Swedish business daily ran a front-page story on the activist investor calling on the truckmaker to “star…
Austria names German banker as Hypo Alpe Adria chairman
FRANKFURT (Reuters) – Austria named veteran German banker and restructuring expert Herbert Walter as chairman of bailed-out state bank Hypo Alpe Adria .
NSA infiltrates servers of China telecom giant Huawei: report
WASHINGTON (Reuters) – The U.S. National Security Agency has infiltrated servers in the headquarters of Chinese telecommunications and internet giant Huawei Technologies Co, obtaining sensitive information and monitoring the communications of top execu…
IMF’s Lagarde says can’t do much about reform without U.S. support
BEIJING (Reuters) – International Monetary Fund chief Christine Lagarde said on Sunday that there was not much she should could to push reform at her organization and give emerging economies a bigger say without the support of the United States.
U.S. regulators failed to spot deadly GM defects that others saw
WASHINGTON/CHICAGO (Reuters) – Retired Wisconsin state trooper Keith Young and his wife were sitting at the kitchen table last month when a story on the evening news jarred them: General Motors Co was recalling 1.6 million vehicles for faulty ignition …
NSA infiltrates servers of China telecom giant Huawei: report
WASHINGTON (Reuters) – The U.S. National Security Agency has infiltrated servers in the headquarters of Chinese telecommunications and internet giant Huawei Technologies Co, obtaining sensitive information and monitoring the communications of top execu…
Greek central banker defends stress test results: paper
ATHENS (Reuters) – An “unduly conservative” approach in stress tests on Greece’s major banks would have scared off investors, the head of Greece’s central bank said on Saturday, adding that he believed the results would be close to EU-wide tests due la…
