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Prosecutors investigate VW works council boss in pay inquiry
German prosecutors said on Tuesday they were investigating the chairman of Volkswagen's powerful works council as part of a inquiry into whether some of its members were paid excessively, turning him from a witness into a suspect.
[ reuters.com ] companyNews,Why China doesn't want to get caught in the middle of a India-Pakistan conflict
[ cnn.com ]
Chef Mario Batali being investigated over sexual assault accusations
NEW YORK (Reuters) - Celebrity chef Mario Batali is under investigation for an alleged sexual assault dating back to 2005, police said on Monday, as a report emerged of a inquiry into to a second assault accusation against him in 2004.
[ reuters.com ] entertainmentNews,CANADA STOCKS-TSX rises as financials benefit from rate hike bets
TORONTO, June 28 (Reuters) - Canada's main stock index rose in early trade on Wednesday, as financial stocks gained as investors priced in a greater chance of a interest rate hike and Empire Co Ltd jumped after reporting quarterly results and increasing its dividend.
[ reuters.com ] companyNews,Bangladesh kills 11 members of Islamist group blamed for cafe attack
DHAKA (Reuters) - Bangladeshi security forces killed 11 members of a Islamist militant group on Saturday blamed for an attack on a cafe in Dhaka in July in which 22 people were killed, mostly foreigners.
[ reuters.com ] worldNews,Asia shares drop, dollar firm; U.S. data signals September hike
TOKYO/SINGAPORE (Reuters) - Asian shares were mostly down while the dollar held firm on Thursday after strong U.S. service-sector data and comments from a Fed governor boosted confidence in the economy and fanned expectations of a interest rate hike in September.
[ reuters.com ] wtMostRead,GLOBAL MARKETS-Asia shares drop, dollar firm; U.S. data signals Sept hike
TOKYO/SINGAPORE Aug 6 (Reuters) - Asian shares were mostly down while the dollar held firm on Thursday after strong U.S. service-sector data and comments from a Fed governor boosted confidence in the economy and fanned expectations of a interest rate hike in September.
[ reuters.com ] companyNews,Philadelphia Energy Solutions seeks to buy Bakken logistics assets
NEW YORK, July 27 (Reuters) - Philadelphia Energy Solutions is pursuing a joint venture that would give the U.S. East Coast refiner greater control over its supply chain out of North Dakota's Bakken oil fields, the company has disclosed in federal filings ahead of a initial public offering.
[ reuters.com ] companyNews,Body cam video shows dramatic baby rescue
Body cam video shows the rescue and resuscitation of a infant baby after a car crashed into an icy river. CNN affiliate KSL has the story.
[ cnn.com ]Greece, Troika start talks on common reform ground
BRUSSELS (Reuters) - Greece and its international creditors started talks on Friday on reforms needed to keep the country financed, increasing the possibility of a interim compromise deal between the euro zone and Athens at a ministerial meeting on Monday.
[ reuters.com ] businessNews,Fitch: India Bank Capital-Raising Picks up, But a Long Way to Go
(The following statement was released by the rating agency) MUMBAI/SINGAPORE, February 09 (Fitch) Plans by India's government to inject INR69.9bn (USD1.13bn) into nine state-owned banks, and the recent launch of a INR100bn (USD1.6bn) share sale by HDFC Bank, underscores the divergence between private and public banks with regard to core equity capital access, says Fitch Ratings. India's state banks continue to be largely dependent on government for capital, while the large private banks are
[ reuters.com ] financialsSector,TABLE-Details of Denmark 2023i, 2025 bond auction
COPENHAGEN, Oct 22 (Reuters) - Denmark's central bank gave the following result of auctions on Wednesday of a inflation-linked 2023 and 2025 government bond: Denmark 2023 inflation-linked government bond : Coupon: 0.1 pct Maturity: Nov 15, 2023 Settlement: Oct 24, 2014 Previous Auction date Oct 22, 2014 June 3, 2014 Allotment price 103.41 99.62 Yield -0.27 0.14 Scheduled max. offer (bln DK
[ reuters.com ] financialsSector,Rupert Murdoch says Scotland is alive with debate ahead of independence vote
EDINBURGH, Sept 13 (Reuters) - Media tycoon Rupert Murdoch visited Scotland on Saturday, praising the country of 5 million people for being alive with debate ahead of a independence vote that could break apart the United Kingdom.
[ reuters.com ] companyNews,AIRSHOW Indonesia military to skip Singapore Airshow amid ship row
SINGAPORE, Feb 9 (Reuters) - Senior Indonesian military leaders have decided not to attend the Singapore Airshow, Singapore's Ministry of Defence said on Sunday, after the eruption of a diplomatic row between the two countries over the naming of a Indonesian naval ship.
[ us.feedsportal.com ] industrialsSector,Arrests Made in Cold Case Investigation, Including ’78 Lufthansa Heist
Several organized crime figures have been arrested as part of a investigation into a series of unsolved crimes, including the notorious Kennedy Airport robbery.
[ nytimes.com ] Crime and Criminals,Commerce nominee faces questions on failed bank, tax havens
WASHINGTON (Reuters) - President Barack Obama's choice to lead the Department of Commerce faced questions on Thursday about her role in the failure of a Illinois bank in the early 2000s and her billionaire family's use of offshore tax havens to shelter income.
[ reuters.com ] politicsNews,U.S. Commerce nominee faces questions on failed bank, tax havens
WASHINGTON, May 23 (Reuters) - President Barack Obama's choice to lead the Department of Commerce faced questions on Thursday about her role in the failure of a Illinois bank in the early 2000s and her billionaire family's use of offshore tax havens to shelter income.
[ reuters.com ] companyNews,ADR REPORT-ADRs climb as new Italian leader calls for growth
NEW YORK, April 29 (Reuters) - U.S.-listed shares of foreign companies rose on Monday, boosted by the formation of a Italian government whose leader called for a greater emphasis on policies to promote growth over budget austerity measures.
[ reuters.com ] companyNews,Japan orders RBS to boost compliance after Libor rigging
TOKYO (Reuters) - Japan's financial industry watchdog ordered Royal Bank of Scotland's Tokyo unit to bolster compliance on Friday, becoming the latest global regulator to punish the bank in the wake of a interest rate rigging scandal.
[ reuters.com ] businessNews,