Regulator probes Deutsche Bank over money laundering controls: report
FRANKFURT (Reuters) – German regulator BaFin is looking into whether Deutsche Bank should improve the controls it has in place against money laundering, a German paper reported.
India PM rules out chance of return to 1991 crisis: report
MUMBAI (Reuters) – There is “no question” of India going back to an economic crisis experienced in 1991, as its rupee currency is now linked to the market and foreign exchange reserves are adequate, Prime Minister Manmohan Singh said on Saturday.
Wall Street slips, Dow posts biggest weekly loss of 2013
NEW YORK (Reuters) – U.S. stocks fell slightly on Friday, and the Dow industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors.
Murdoch’s UK unit could face corporate hacking charges: source
LONDON/WASHINGTON (Reuters) – London police are actively investigating Rupert Murdoch’s British newspaper business for possible criminal violations over allegations of phone-hacking and illegal payments to public officials by its journalists, a source …
Icahn’s bid to fast-track key Dell lawsuit fizzles out
WILMINGTON, Delaware (Reuters) – Activist investor Carl Icahn’s legal effort to derail a $25 billion takeover of Dell Inc stalled after a judge refused to fast-track his lawsuit against the personal computer maker, blunting an integral part of his mont…
Wall Street slips, Dow posts biggest weekly loss of 2013
NEW YORK (Reuters) – U.S. stocks fell slightly on Friday, and the Dow industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors.
Murdoch’s UK unit could face corporate hacking charges: source
LONDON/WASHINGTON (Reuters) – London police are actively investigating Rupert Murdoch’s British newspaper business for possible criminal violations over allegations of phone-hacking and illegal payments to public officials by its journalists, a source …
United Technologies responsible for faulty Dreamliner fire extinguishers
(Reuters) – United Technologies Corp on Friday said one of its units was responsible for a problem with fire-fighting systems discovered in some Boeing Co Dreamliner jets.
U.S. Steel names Mario Longhi as chief executive
(Reuters) – United States Steel Corp has named President Mario Longhi to succeed John Surma as chief executive, effective September 1.
Analysis: Merged American Airlines-US Airways would offer more, could charge more
(Reuters) – For travelers, the question of whether to let American Airlines and US Airways merge into the world’s largest carrier may boil down to this: pay more and get more, or pay less and get less.
