Fed’s Bostic: if vote on policy were today, would vote to hold steady
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Monday said if he were voting on monetary policy today…
Economy
HEICO to buy Wencor for $2 billion to boost aircraft generic parts portfolio
By Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in…
Goldman fined $7 million by ECB over credit risk reporting
FRANKFURT (Reuters) -The European Central Bank said on Monday it had fined Goldman Sachs’ European unit 6.63 million euros ($7.3…
Elliott pushes for NRG Energy overhaul after disclosing position
By David French and Mrinalika Roy (Reuters) – Activist investor Elliott Investment Management LP is calling for a boardroom overhaul…
Russia approves sale of Volkswagen plant to domestic dealership
(Reuters) – A Russian government commission has approved the sale of Volkswagen’s main factory in Russia to a domestic car…
Apple investigated in France over product obsolescence
PARIS (Reuters) – The Paris prosecutor has opened a judicial inquiry into planned obsolescence of Apple products, a spokesperson for…
Analysis-Erdogan election showing cools Turkish turnaround hopes
By Marc Jones LONDON (Reuters) – Hopes among investors of a surge in Turkish markets evaporated on Monday after long-standing…
Musk: Tesla to make significant investments in France at some point
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in…
Russia’s defence spending jumped 282% y/y to $26 billion in Jan-Feb -budget data
(Reuters) – Russia spent 2 trillion roubles ($26 billion) on defence in January and February alone, a 282% jump on…
Republic First Bancorp to go slow on fundraise, says it has ‘adequate’ capital
(Reuters) -Republic First Bancorp said on Monday it had “adequate” capital and would wait for market conditions to stabilize before…