China central bank to keep policy steady, push reforms
SHANGHAI/BEIJING (Reuters) – China’s central bank said on Sunday that it would keep policy steady with timely fine-tuning to cope with economic uncertainties while forging ahead with yuan and interest rate reforms.
Amplats strikers in South Africa to rally on Monday
JOHANNESBURG (Reuters) – Striking South African workers at mines operated by Anglo American Platinum kept the company guessing about whether they will call off the stoppage at a rally on Monday.
Make or break for Poland as EU cash floods in
WARSAW (Reuters) – Elzbieta Bienkowska, a 49-year-old mother with a tattoo on her arm and back, has more money to invest than any other Polish minister in history.
EU bank bailout roulette awaits Monte dei Paschi investors
LONDON (Reuters) – Investors awaiting the finer points of Monte dei Paschi’s restructuring plan could soon find themselves wishing their bank had run aground at another time and place in the euro zone financial crisis.
Tokyo Electric sees profit without rate hike: paper
TOKYO (Reuters) – Tokyo Electric Power Co, the operator of the crippled Fukushima plant, will likely turn a profit for the first time in three years in the current business year, without raising electricity rates or restarting reactors, its president w…
Etisalat talks to buy Vivendi’s Maroc Tel stake extended to October 31
DUBAI (Reuters) – Exclusive talks for Etisalat to buy Vivendi’s 53 percent stake in Maroc Telecom have been extended to October 31, the United Arab Emirates’ former telecom monopoly said on Sunday.
U.S. watchdog allows delay to smooth transition to swaps trading
WASHINGTON (Reuters) – The U.S. derivatives regulator late on Friday gave a new and untested type of trading platform a bit more time to comply with some of its rules, to smooth the transition to regulated trading next week.
German government dismisses report Schaeuble may raise top income tax to woo left
BERLIN (Reuters) – The German government has dismissed a report that Finance Minister Wolfgang Schaeuble is considering raising the top rate of income tax to help Angela Merkel co-opt the opposition Social Democrats (SPD) in a possible “grand coalition…
JPMorgan nears multibillion-dollar mortgage settlement: NY Post
CHICAGO (Reuters) – JP Morgan Chase & Co could reach a multibillion-dollar deal as early as Tuesday, putting an end to the bank’s woes from mortgage securities related investigations, the New York Post reported on Saturday.
Norwegian Air takes Dreamliner out of service after breakdowns
OSLO (Reuters) – Budget airline Norwegian Air Shuttle is taking one of its brand new Dreamliners out of long-haul service and demanding that Boeing repair the plane after it suffered repeated breakdowns, the carrier said on Saturday.
