New York bank regulator Lawsky opens currency trading probe: source
NEW YORK (Reuters) – Benjamin Lawsky, New York’s financial services superintendent, has opened an investigation into manipulation of the currency markets by large banks and is requesting documents from more than a dozen institutions, according to a sou…
Aston Martin recalls 17,590 cars due to counterfeit material
DETROIT (Reuters) – Aston Martin is recalling most of its sports cars built since late 2007 after discovering a Chinese sub-supplier was using counterfeit plastic material in a part supplied to the luxury sports carmaker.
Aston Martin recalls 17,590 cars due to counterfeit material
DETROIT (Reuters) – Aston Martin is recalling most of its sports cars built since late 2007 after discovering a Chinese sub-supplier was using counterfeit plastic material in a part supplied to the luxury sports carmaker.
Google avoids fine with EU antitrust deal
BRUSSELS (Reuters) – Google agreed to make concessions on how it displays competitors’ links on its website on Wednesday, in a deal with the European Union regulator that ended a three-year antitrust probe and avoided a fine.
U.S. services growth quickens in January: Markit
NEW YORK (Reuters) – Growth in the U.S. services sector quickened to a four-month high in January and hiring remained robust, an industry report showed on Wednesday.
Time Warner highlights HBO growth, ‘Gravity’ boosts results
(Reuters) – Time Warner Inc reported better-than-expected quarterly profit and revenue on Wednesday, helped by the success of the space thriller “Gravity” released by its movie studio, and shed light on the performance of its cable units.
ECB options for staving off euro zone deflation threat
FRANKFURT (Reuters) – A shock slump in euro zone inflation to a level way below the European Central Bank’s target is focusing the minds of its policymakers, who have the chance to respond at Thursday’s monthly meeting.
Exclusive: Former HP stars Bradley, Donatelli on brink of exit – sources
NEW YORK/SAN FRANCISCO (Reuters) – Two of Hewlett-Packard Co’s most powerful executives, until they were sidelined by CEO Meg Whitman, are preparing to leave the company in the coming weeks, several sources say.
Recent acquisitions help boost Nasdaq earnings
(Reuters) – Transatlantic exchange operator Nasdaq OMX Group Inc on Wednesday reported a higher fourth-quarter profit, helped by increased revenue from recent acquisitions.
Merck quarterly sales just miss Wall Street estimate
(Reuters) – Merck & Co Inc reported quarterly sales that were slightly lower than expected, hurt by competition from cheaper generic medicines, and predicted full-year earnings at the lower end of analysts’ expectations.