Exclusive: RBS lawyers ask ex-staffer to destroy documents, DOJ informed
LONDON (Reuters) – Lawyers for Royal Bank of Scotland (RBS.L) asked an ex-employee to destroy confidential documents, according to a…
Sivantos and Widex in $8 billion merger to create No.3 in hearing aids
COPENHAGEN/FRANKFURT (Reuters) – Hearing aid makers Widex and Sivantos are merging to create an industry number three that can invest…
Italian stocks slide, dollar powers on to new 2018 high
LONDON (Reuters) – Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government…
Soft China April investment, retail sales suggest economy losing steam
BEIJING (Reuters) – China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its…
Sober in Sin City: Hedge funds focus on work at Las Vegas event
LAS VEGAS (Reuters) – A hedge fund industry gathering in Las Vegas this week was far less decadent than those…
BlackRock may keep fees despite executive’s U.S. campaign donation: SEC
NEW YORK (Reuters) – BlackRock Inc can keep fees from the state of Ohio despite a donation one of its…
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming…
DoubleLine’s Gundlach says U.S. Treasuries ‘not attractive’
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that U.S. Treasuries were “not…
World Bank says shareholders endorse capital increase
WASHINGTON (Reuters) – The World Bank said on Saturday its shareholders had endorsed a $13 billion paid-in capital increase, a…
A U.S. recession ahead? Fed policymakers say not to worry
CHICAGO/SAN FRANCISCO (Reuters) – As the gap between short- and long-term borrowing costs hovers near its lowest in more than…
China Huarong shares halted as chairman investigated for suspected graft
HONG KONG (Reuters) – Trading in shares of China Huarong Asset Management Co Ltd (2799.HK) and two of its units…
Volkswagen rushed revamp triggers labor concern: sources
BERLIN/MUNICH (Reuters) – Labor representatives at Volkswagen (VOWG_p.DE) are concerned by a sudden rush by the German carmaker’s board to…
Indian special court issues warrants against two accused in PNB bank fraud
NEW DELHI (Reuters) – A special court of India’s Central Bureau of Investigation (CBI) issued non-bailable warrants against two Indian…
Fed’s Evans says he’s optimistic on inflation, wants rate hikes
CHICAGO (Reuters) – Chicago Federal Reserve Bank President Charles Evans, one of the Fed’s most dovish policymakers, said Saturday that…
U.S. gunmaker Remington files for bankruptcy
(Reuters) – Remington Outdoor Co Inc , one of the largest U.S. makers of firearms, filed for bankruptcy protection on…
Success for Uber’s direct loan despite driverless fatality
NEW YORK (LPC) – Uber Technologies’ self-arranged term loan B was increased to US$1.5bn, justifying the taxi app company’s unconventional…