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…
Economy
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…
EU’s Michel calls for ‘stable and constructive’ cooperation with China
By Katya Golubkova HIROSHIMA, Japan (Reuters) – European Council President Charles Michel said on Friday it was in the EU’s…
Japan, France leaders vow to strengthen ties as Paris eyes more access
By John Irish and Sakura Murakami HIROSHIMA, Japan (Reuters) – Japan and France on Friday said they wanted to deepen…
Democratic senators urge Biden to use 14th Amendment to avoid debt default
WASHINGTON (Reuters) -A group of U.S. Senate Democrats called on President Joe Biden to prepare to invoke the U.S. Constitution’s…
BOJ’s Ueda warns of market turmoil if US defaults on its debt
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Friday a U.S. debt default could trigger market turmoil,…
U.S., G7 to unveil new sanctions targeting Russia over Ukraine
By Jeff Mason and Trevor Hunnicutt HIROSHIMA, Japan (Reuters) – The United States and the rest of the “Group of…
Disney cancels plans for $1 billion campus, 2,000 jobs in Florida
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co is scrapping plans to build a nearly $1…
Argentina president, protesters slam IMF debt, austerity as economy creaks
By Horacio Soria and Claudia Martini BUENOS AIRES (Reuters) – Argentine President Alberto Fernandez and protesters in Buenos Aires pushed…
China, US commerce and trade chiefs to meet next week
By David Brunnstrom, Michael Martina and David Lawder WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week…