G20 soft pedals on debt consolidation in favor of growth: Russia
MOSCOW (Reuters) – G20 policymakers have soft-pedaled on goals to cut government debt in favor of a focus on growth and how to exit central bank stimulus with a minimum of turmoil, Russia’s finance minister said on Saturday.
Exclusive: Boeing 787 probe looks at condensation, wiring
WASHINGTON/SEATTLE (Reuters) – Officials investigating the fire on an Ethiopian Airlines 787 in London last week are focused on how condensation in the plane and a possible pinched wire in an emergency beacon may have sparked the blaze, according to pe…
Fed rethinking move allowing banks to trade physical commodities
NEW YORK (Reuters) – The U.S. Federal Reserve is “reviewing” a landmark 2003 decision that first allowed regulated banks to trade in physical commodity markets, it said on Friday, a move that may send new shockwaves through Wall Street.
FAA seeks inspections of Boeing 787 rescue beacons
(Reuters) – The Federal Aviation Administration said on Friday it will require inspections of emergency locator beacons on U.S.-registered Boeing Co 787 Dreamliners, but stopped short of making airlines disable or remove the devices blamed for a fire a…
Fed rethinks move allowing banks to trade physical commodities
NEW YORK (Reuters) – The U.S. Federal Reserve is “reviewing” a landmark 2003 decision that first allowed regulated banks to trade in physical commodity markets, it said on Friday, a move that may send new shockwaves through Wall Street.
Exclusive: Microsoft in talks with ValueAct over board seat – sources
NEW YORK/SEATTLE (Reuters) – Members of Microsoft Corp’s board have held talks with ValueAct Capital Management LP in recent days over the activist shareholder’s demands to secure a seat on the company’s board, two sources close to the matter said on F…
Exclusive: Microsoft in talks with ValueAct over board seat – sources
NEW YORK/SEATTLE (Reuters) – Members of Microsoft Corp’s board have held talks with ValueAct Capital Management LP in recent days over the activist shareholder’s demands to secure a seat on the company’s board, two sources close to the matter said on F…
Microsoft shares hit by biggest sell-off since 2009
(Reuters) – Microsoft Corp shares fell more than 11 percent on Friday, their biggest plunge in more than four years, a day after the software company posted dismal quarterly results due to weak demand for its latest Windows system and poor sales of its…
Exclusive: Probe of Boeing’s 787 focuses on condensation, emergency beacon
WASHINGTON/SEATTLE (Reuters) – Officials investigating the fire on a parked Ethiopian Airlines Boeing 787 are focused on how condensation and increased humidity could have sparked the blaze at London’s Heathrow Airport last week, three sources familiar…
U.S. outlines steps for Bangladesh to restore trade benefits
WASHINGTON (Reuters) – The U.S. Trade Representative’s Office on Friday outlined a series of steps that it urged Bangladesh to take to improve factory conditions and workers rights in order to have U.S. trade benefits restored.
