Five years after Lehman, Americans still angry at Wall Street: Reuters/Ipsos poll
NEW YORK (Reuters) – A few years ago, Larry Summers, then the director of President Barack Obama’s National Economic Council, held a private meeting with some of Wall Street’s top bankers and executives.
Volkswagen considers raising stake in China joint venture: paper
FRANKFURT (Reuters) – Volkswagen is considering increasing its stake in its car joint venture with China’s state-owned FAW Group, VW Chief Executive Martin Winterkorn was quoted on Sunday as saying.
Cyprus eyes investors, may not need full privatization-president
NICOSIA (Reuters) – Cyprus may need to only partly privatize state-owned enterprises to meet one of the conditions of its international bailout, its president was quoted as saying on Sunday.
Japan retakes top spot for overseas bank lending: BIS
LONDON (Reuters) – Japanese banks have once again become the biggest overseas lenders, returning to a position they last occupied in the late 1990s before a deep banking crisis forced them to pull back from international markets.
Egypt’s Citadel Capital plans $528 million capital hike
DUBAI (Reuters) – Egyptian private equity firm Citadel Capital has won regulatory clearance to ask shareholders to approve a capital increase, it said on Sunday, underlining a more confident mood on local markets.
Analysis: Nigeria’s property boom: only for the brave
ABUJA (Reuters) – On one of the most exclusive streets in Nigeria’s capital sits a crumbling mansion with an unwelcoming message painted at its entrance: “BEWARE! THIS HOUSE IS NOT FOR SALE”.
China to invest 80 billion yuan in oil and gas exploration this year
BEIJING (Reuters) – China will invest 80 billion yuan ($13.07 billion) in oil and gas exploration in 2013, state media said on Sunday, as it tries to boost energy supplies reduce its dependence on energy imports.
World Bank president expects China to hit GDP growth target but warns of tapering risk
SHANGHAI (Reuters) – China should hit its GDP growth target of 7.5 percent this year, World Bank Group President Jim Yong Kim said on Sunday.
Drummond says Colombia mines, port to reopen after government ends strike
BOGOTA (Reuters) – The Colombian operations of U.S.-based coal miner Drummond will reopen on Saturday evening, the company said, after the government intervened to end more than seven weeks of strike action that shut down its two mines and port.
Suzuki recalls 193,936 SUVs, SX4s over air bags
WASHINGTON (Reuters) – Japan’s Suzuki Motor Co is recalling 193,936 Grand Vitara SUVs and SX4s cars because of a defective air bag sensor mat in the front passenger seat, U.S. officials said.
