EU-IMF postpone visit to Athens in dispute over reforms
BRUSSELS/ATHENS (Reuters) – Inspectors from the EU and IMF have postponed a planned visit to Greece, officials told Reuters on Friday, a move that marks a new low in relations between the parties and could delay aid payments to Athens.
Nasdaq ends brief post-holiday session at 13-year high
NEW YORK (Reuters) – The Dow and the S&P 500 dipped in thin holiday trading on Friday, but technology stocks helped lift the Nasdaq to a 13-year high.
Retail, jobs data to rule stocks’ next move
NEW YORK (Reuters) – A week packed with data awaits investors eager for fresh clues on when the Federal Reserve will start to trim its stimulus program, as traditionally bullish December kicks off with the S&P 500 poised to mark its best year since 1998.
French carmakers poised for scramble to reclaim Iran
PARIS/DUBAI (Reuters) – Peugeot and Renault are among Western firms sending executives to an automotive conference that opens in Iran on Saturday – firing the starting gun on a more overt race for post-sanctions business.
Goldman Sachs sued in Singapore penny stock saga
SINGAPORE (Reuters) – A shareholder who suffered losses in a penny stock trading debacle in Singapore is suing Goldman Sachs, accusing the investment bank of arbitrarily selling her holdings and saying the sales contributed to a crash in their prices.
Analysis: U.S. sanctions make Cuba’s bank account too toxic for banks
MIAMI (Reuters) – The decision by a New York bank to close Cuba’s checking account in the United States has presented an unusual diplomatic quandary that provides a test for new-found pragmatism in relations between the two longtime foes.
Saab to restart 9-3 sedan production two years after bankruptcy
(Reuters) – The new owners of Swedish car maker Saab, National Electric Vehicle Sweden AB, will restart production of the 9-3 sedan on Monday at the Trollhattan factory in Sweden, a NEVS spokesman said on Friday.
Virtuous veterans hard to find in British banking
LONDON (Reuters) – Calling all senior, experienced British bankers with a clean charge sheet and political nous. There might be a chairmanship role awaiting.
Stores open early on Thanksgiving but shoppers in no rush
(Reuters) – Jill McCormack didn’t mind waiting in the cold for five hours on Thursday. She was frozen, but first in line when the Macy’s Inc flagship store in New York opened for the first time ever on Thanksgiving Day.
Swiss regulator urges banks to come clean on U.S. tax offences
ZURICH (Reuters) – Swiss banks should come clean to U.S. officials conducting a tax probe before an end-of-year deadline and face up to resultant penalties, or risk more costly prosecution later, Switzerland’s financial regulator warned on Friday.
