Exclusive: Liberty sees $700 million Charter-Time Warner Cable synergies – sources
NEW YORK (Reuters) – Liberty Media Corp’s top executives estimate that a merger between Charter Communications Inc and Time Warner Cable Inc could generate roughly $700 million in annual synergies, according to people close to the matter.
Deutsche Bank is dismissed from large U.S. mortgage debt lawsuit
NEW YORK (Reuters) – A U.S. judge has dismissed Deutsche Bank AG as a defendant in one of two long-running cases accusing issuers and banks of deceiving investors about the risks of billions of dollars of residential mortgage-backed securities that sou…
Analysis: Europe’s half-hearted bid to protect its banks
BRUSSELS (Reuters) – Europe’s efforts to form a united front behind euro zone banks are reaching a climax, but many fear they will fail to restore confidence and prove flimsy should another crisis strike.
Europe moves to banking union with blueprint for failing lenders
BRUSSELS (Reuters) – The European Union agreed on Thursday a blueprint to close failing banks but stopped short of a more ambitious plan for the euro zone to unite in tackling its troubled lenders.
Accenture expects consulting business to pick up
(Reuters) – Accenture Plc said it expected its consulting business to turn the corner this financial year as orders rise, building on strength in its outsourcing unit that helped the company report better-than-expected quarterly results.
Analysis: Canada banks steal quiet march as Wall Street retreats from energy
CALGARY, Alberta (Reuters) – As Wall Street’s giants pull back from the energy business, Canadian banks are stepping forward, aided by booming domestic oil production and a reputation for prudence.
Exclusive: Deutsche Bank talks with buyers for its uranium business
LONDON (Reuters) – Deutsche Bank AG is holding preliminary talks with potential buyers of its uranium trading business – the first sign since announcing it was largely exiting commodities trading that parts of the operation are now on the block.
EU takes Brazil to WTO over ‘protectionist’ car taxes
BRUSSELS (Reuters) – The EU launched a case against Brazil at the World Trade Organization on Thursday over the South American nation’s taxes on imports from cars to computers, but insisted the dispute should have no bearing on delicate free-trade talk…
Existing home sales fall to lowest level in nearly a year
WASHINGTON (Reuters) – U.S. home resales fell sharply in November to their lowest level in nearly a year, hurt by a rise in interest rates since the spring and ongoing price increases that have shut some home buyers out of the market.
Fed’s Fisher doesn’t comment on policy, economic outlook
(Reuters) – Dallas Federal Reserve Bank President Richard Fisher didn’t comment on monetary policy or the outlook for the national economy in remarks prepared for delivery to the Dallas Breakfast Group on Thursday, focusing instead on the strength of t…
