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Goldman Sachs fined $30.9 million in UK: report

Reuters Business News - 3 min 1 saniye önce
LONDON (Reuters) - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.


Kategoriler: Financial Media

Economists cut U.S. growth forecast again

Reuters Business News - 6 min 7 sec önce
WASHINGTON (Reuters) - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.


Kategoriler: Financial Media

Australia regulator blocks NAB's $12 billion AXA unit bid

Reuters Business News - 6 min 47 sec önce
SYDNEY (Reuters) - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.


Kategoriler: Financial Media

Asia stocks rise, yen steady but outlook unclear

Reuters Business News - 12 min 52 sec önce
HONG KONG (Reuters) - Asian stocks edged up and the yen held below a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.


Kategoriler: Financial Media

China prepares further property tightening

Reuters Business News - 21 min 39 sec önce
BEIJING (Reuters) - Some Chinese cities are preparing fresh property tightening steps as housing transactions and prices show signs of a rebound, reinforcing market expectations that Beijing will not ease its grip on the sector any time soon.


Kategoriler: Financial Media

FDIC's Bair warns of government "exposure" in mortgages

Reuters Business News - 2 hours 39 min önce
WASHINGTON (Reuters) - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.


Kategoriler: Financial Media

U.S. slips in WEF's competitiveness rankings

Reuters Business News - 2 hours 55 min önce
BEIJING (Reuters) - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth, according to the World Economic Forum.


Kategoriler: Financial Media

Lloyds set to sell Crest Nicholson stake: report

Reuters Business News - 2 hours 58 min önce
LONDON (Reuters) - Lloyds Banking Group is to sell its stake in bank-owned housebuilder Crest Nicholson for 150 million pounds ($232 million), the Financial Times said on Thursday.


Kategoriler: Financial Media

UBS hires two bankers for Singapore-based private bank unit

Reuters Business News - 3 hours 49 min önce
SINGAPORE (Reuters) - UBS has hired two bankers to join its ultra high net-worth team in Singapore, the bank said in an internal memo.


Kategoriler: Financial Media

Obama: U.S. can't afford to extend tax cuts for rich

Reuters Business News - 4 hours 38 min önce
PARMA, Ohio (Reuters) - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.


Kategoriler: Financial Media

The graying of social networks

Reuters Business Video - 5 hours 8 min önce
Sept 8 - Social networks, like Facebook, used to be the playground of the under-30 crowd, but boomers and senior citizens are storming the field. Carmen Roberts reports.
Kategoriler: Financial Media

BP points fingers in oil spill blame game

Reuters Business News - 5 hours 21 min önce
LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.


Kategoriler: Financial Media

Hurd's Oracle hire package worth millions

Reuters Business News - 5 hours 29 min önce
SAN FRANCISCO/NEW YORK (Reuters) - Oracle Corp has offered its new co-president, former Hewlett-Packard chief Mark Hurd, a hiring package with a bonus of up to $10 million and options potentially worth tens of millions more.


Kategoriler: Financial Media

BP and partners trade blame for oil spill

Reuters Business News - 6 hours 46 min önce
LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.


Kategoriler: Financial Media

Wall Street climbs in low-volume session

Reuters Business News - 7 hours 4 min önce
NEW YORK (Reuters) - Stocks rose on Wednesday as investors latched onto positive news out of Europe in the latest in a string of low-volume sessions suggesting little confidence in market direction.


Kategoriler: Financial Media

Google seeks to speed up Web searches

Reuters Business News - 7 hours 5 min önce
SAN FRANCISCO (Reuters) - Google Inc's search engine now displays results before users finish typing.


Kategoriler: Financial Media

Wall Street bounces back

Reuters Business Video - 7 hours 38 min önce
Sept. 8 - After losing ground in Tuesday's session, Wall Street posted gains as concerns about European banks eased. Bobbi Rebell reports.
Kategoriler: Financial Media

More stimulus needed for economy: Geithner

Reuters Business News - 7 hours 49 min önce
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday the United States needed more incentives to stimulate job growth and bolster a slow recovery from a "savage" recession.


Kategoriler: Financial Media

Hurd's Oracle hire package worth millions

Reuters Business News - 8 hours 6 min önce
SAN FRANCISCO/NEW YORK (Reuters) - Oracle Corp has offered its new co-president, former Hewlett-Packard chief Mark Hurd, a hiring package with a bonus of up to $10 million and options potentially worth tens of millions more.


Kategoriler: Financial Media

SEC says proposed Citi settlement is fair

Reuters Business News - 8 hours 11 min önce
WASHINGTON (Reuters) - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.


Kategoriler: Financial Media