Watchdog slams Deutsche Bank for Libor probe response: report
FRANKFURT (Reuters) – German banking watchdog BaFin criticized Deutsche Bank’s management for the way it responded to a probe into manipulation of the Libor benchmark interest rate, according to German magazine Der Spiegel.
No bonanza yet for big funds from new rules to cut risk
LONDON (Reuters) – If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending “high quality” assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to be disappointed.
British reporting rule change exposes transatlantic cultural gap
LONDON (Reuters) – As investors prepare to digest the latest round of company earnings figures, Britain’s move to scrap the quarterly reporting requirement has revealed a divergence of opinion between the domestic and U.S. investment communities.
HTC fourth-quarter profit below expectations
TAIPEI (Reuters) – Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit on Sunday, despite aggressive cost cutting and a one-time gain.
Amazon’s Bezos rescued by Ecuador Navy due to kidney stone
CHICAGO/QUITO (Reuters) – Amazon.com founder Jeff Bezos was airlifted from a cruise ship by the Ecuadorean Navy after suffering a kidney stone attack in the Galapagos Islands on New Year’s Day.
Analysis: Machinists vote helps Boeing avoid hiring crunch
NEW YORK (Reuters) – In clinching a deal with its machinist workers on Friday that will keep jetliner manufacturing in the Pacific Northwest, Boeing Co may not only have secured industrial peace until 2024 and brought its pension costs under control – …
Fed could trim bond-buying more sharply in future: Plosser
PHILADELPHIA (Reuters) – The Federal Reserve could well consider cutting its bond-buying by more than a $10 billion monthly increment in the future, Philadelphia Fed President Charles Plosser said on Saturday, floating $25 billion as a hypothetical amo…
Amazon’s Bezos rescued by Ecuador Navy due to kidney stone: report
CHICAGO (Reuters) – Amazon.com founder Jeff Bezos was airlifted from a cruise ship by the Ecuadorian Navy after suffering a kidney stone attack on January 1, according to the website Galapagos Digital.
Boeing machinists approve contract securing 777X jet
SEATTLE/NEW YORK (Reuters) – Boeing’s machinists on Friday narrowly approved a crucial labor contract that secured thousands of jobs and billions of dollars of economic activity for Washington state but will cost workers their pensions.
Machinists vote helps Boeing avoid hiring crunch
NEW YORK (Reuters) – In clinching a deal with its machinist workers on Friday that will keep jetliner manufacturing in the Pacific Northwest, Boeing Co may not only have secured industrial peace until 2024 and brought its pension costs under control – …
