Fed officials vague on when to trim U.S. stimulus
(Reuters) – Three U.S. Federal Reserve officials weighed in on Friday on the key question of when to reduce the central bank’s bond buying, but their divergent views offered little more clarity for investors trying to predict what will happen at a Fed …
ABN AMRO to be sold as a whole: Dutch PM
THE HAGUE (Reuters) – State-owned Dutch lender ABN AMRO will be readied for listing and sold as a whole, Dutch Prime Minister Mark Rutte told a press conference on Friday.
Goldman Sachs banker charged with rape in New York state
(Reuters) – A New York-based Goldman Sachs managing director was arrested and charged with raping a 20-year-old woman while on vacation in the up-market Hamptons resort in New York state.
Departed P&G CEO made five percent more last year as bonus rose
(Reuters) – Procter & Gamble Co said on Friday it paid Bob McDonald, the former chairman, president and chief executive who abruptly left last spring, nearly 5 percent more last year as the company’s performance improved.
Nasdaq CEO says resolved Thursday trading halt, sees no liability: CNBC
NEW YORK (Reuters) – Nasdaq OMX Group has resolved the technical issues that led to Thursday’s trading halt, but cannot guarantee there would be no future problems, Chief Executive Officer Robert Greifeld said on CNBC television on Friday.
UBS gives German tax cheats until end-2014 to own up
ZURICH (Reuters) – UBS , under pressure from the German government to clamp down on offshore tax evasion, has given clients from that country 16 months to own up to cheating or leave the bank.
Recovering UK economy shows broader, faster growth
LONDON (Reuters) – Britain’s economy grew faster than expected in the second quarter, benefiting from a broad-based pick-up in activity that looked to have put the country’s burgeoning recovery on a firmer footing.
Electric carmaker Tesla hits roadblock in China over trademark
BEIJING/SHANGHAI (Reuters) – Popular electric carmaker Tesla Motors Inc’s plans to enter the world’s biggest auto market have stalled after a businessman in China claimed trademark rights to the name, people close to the California-based company have t…
Emerging market rout eases as data lifts growth hopes
LONDON (Reuters) – The rout in emerging markets eased on Friday and world shares headed for a second day of gains, as data suggesting the global economy is improving took the edge off concerns about the impact of a cut in U.S. monetary stimulus.
French court delays Daimler sales ban decision to Tuesday
PARIS (Reuters) – France’s top administrative court said it would delay until Tuesday a decision on Daimler’s request for an injunction lifting a ban on the sale of certain Mercedes Benz cars in France.