U.S. mergers help bank fees spike to record highs
NEW YORK (LPC) – A record $1.45 trillion of US syndicated lending to companies for acquisitions, leveraged buyouts, dividends and refinancing in the first half of the year has propelled…
Siemens, Alstom deal faces full-scale EU antitrust probe: sources
BRUSSELS/FRANKFURT (Reuters) – Siemens (SIEGn.DE) and Alstom (ALSO.PA) are set to face a full-scale EU antitrust investigation this week after declining to provide concessions to allay regulatory concerns about their…
China to keep on path of reform, opening markets: Li
SOFIA (Reuters) – China will stick to the path of opening its markets and other reforms that has lifted its growth, Premier Li Keqiang said on Saturday, a day after…
Dueling tariffs raise fears of long U.S.-China trade battle
BEIJING/WASHINGTON (Reuters) – A U.S.-China trade fight resulting in duties on $34 billion worth of each other’s imports was seen dragging on for a potentially prolonged period, as Washington and…
U.S. ‘opening fire’ on world with tariff threats, says China
BEIJING (Reuters) – The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying it will respond the instant U.S. measures go into…
Glencore gets U.S. subpoena on compliance with money-laundering laws
LONDON (Reuters) – U.S. authorities have demanded the U.S. arm of Glencore Plc (GLEN.L) hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela,…
U.S. charges hundreds in major healthcare fraud, opioid crackdown
(Reuters) – The U.S. Justice Department on Thursday announced charges against 601 people including doctors for taking part in healthcare frauds that resulted in over $2 billion in losses and…
Sprint, T-Mobile defend proposed tie-up before U.S. Senate panel
WASHINGTON (Reuters) – T-Mobile’s planned $26 billion acquisition of rival mobile phone carrier Sprint Corp would add jobs and would not hike prices, top executives of the two companies testified…
U.S. gives Disney approval to buy Fox amid bidding war with Comcast
WASHINGTON (Reuters) – Walt Disney Co won U.S. approval to buy Twenty-First Century Fox Inc entertainment assets for $71.3 billion on condition it sell Fox’s 22 regional sports networks, the…
Deutsche Bank’s U.S. brokerage fined $1.4 million for reporting problems
NEW YORK (Reuters) – Deutsche Bank AG’s (DBKGn.DE) U.S. securities division agreed to pay a $1.4 million fine to the Financial Industry Regulatory Authority on Wednesday to settle charges that…