U.S. energy companies seen at risk from cyber attacks: CFR report
WASHINGTON (Reuters) – U.S. oil and natural gas operations are increasingly vulnerable to cyber attacks that can harm the competitiveness of energy companies or lead to costly outages at pipelines, refineries or drilling platforms, a report said on Wed…
U.S. tops confidence survey on foreign investment, displaces China
NEW YORK (Reuters) – After a 12-year hiatus, the United States reclaimed first place among top executives in a survey on foreign direct investment sentiment, displacing China as it makes progress toward sustainable and steady economic growth, a study s…
Australia opposition says top priority to dump mine, carbon taxes
CANBERRA (Reuters) – Australia’s conservative opposition said its top priority if it wins elections in September will be to repeal taxes on mining profits and carbon, blaming both policies for stopping fresh investment in the vital resources sector.
Schwab wins $2.75 million arbitration award from jailed former adviser
NEW YORK (Reuters) – A former financial planner, who is serving an eight-year prison sentence for stealing from clients, has been ordered to pay Charles Schwab Corp $2.75 million by an arbitration panel.
UC Regents, San Diego governments launch LIBOR lawsuit
SAN FRANCISCO (Reuters) – The Regents of the University of California and the San Diego Association of Governments filed lawsuits in federal courts on Tuesday against more than 20 current and former financial institutions, alleging that they manipulate…
Insight: Britain’s bankers look forward to Carney era
LONDON/OTTAWA (Reuters) – To many in the City of London financial centre, incoming Bank of England governor Mark Carney looks and sounds like one of them.
Wall Street rises on robust U.S. data after recent slide
NEW YORK (Reuters) – U.S. stocks rose by the most in nearly two weeks on Tuesday after data showed business investment and the housing recovery continued apace, reassuring investors worried about the Federal Reserve’s plans to reduce its massive moneta…
How debt woes brought Batista’s Brazil empire to the brink
SAO JOÃO DA BARRA, Brazil (Reuters) – As Brazilian billionaire Eike Batista’s EBX industrial empire crumbles, it increasingly resembles his most visible accomplishment, the Port of Açu.
Regulators seek flexibility from private student loan lenders
WASHINGTON (Reuters) – Regulators on Tuesday called on private student loan lenders to offer more flexible repayment terms to borrowers at a time when many are struggling to pay off their debt.
Upbeat data brighten economic outlook
WASHINGTON (Reuters) – The economy appears to be gaining momentum with data showing strong gains in business spending plans last month and the largest annual rise in house prices in seven years in April.
