Analysis-Investment banking faultlines trigger European job shake-up
By Sinead Cruise LONDON (Reuters) – A dearth of deals, banking sector ructions and most recently the aftershocks of the…
Business
Analysis-US debt ceiling deal could stall safety flight fueling megacap rally
By David Randall NEW YORK (Reuters) – A potential deal to lift the U.S. debt ceiling could spur money managers…
Analysis-Investors see trouble ahead after Europe’s stellar first quarter
By Joice Alves LONDON (Reuters) – Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging…
Brazil’s finance minister signals potential change to inflation target timeline
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad on Thursday suggested that the country’s new government is looking at adjusting…
Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target…
Marketmind: Rehash on rates ahead as ECB, BOE and Fed speak
A look at the day ahead in European and global markets from Vidya Ranganathan Several key central bankers, including Fed…
Hyundai, Kia agree to $200 million settlement over US car thefts
By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200…
Australia’s AMP fined $16 million for charging fees to deceased clients
(Reuters) -Troubled Australian wealth manager AMP Ltd will pay a court-mandated penalty of A$24 million ($16.3 million) for billing dead…
Lazard CEO Jacobs set to step down, Orszag to take helm -source
By Anirban Sen NEW YORK (Reuters) -Lazard Ltd CEO Ken Jacobs is expected to step down from his role and…
US weighs suit against Korean Air’s planned acquisition of Asiana -Politico
WASHINGTON/SEOUL (Reuters) -The U.S. Justice Department is considering suing to block Korean Air’s planned acquisition of Asiana Airlines, Politico reported…