Governor of the Bank of Japan Haruhiko Kuroda attends IMFC plenary during the IMF/World Bank annual meetings in Washington, U.S., October 8, 2016. REUTERS/Yuri Gripas October 12, 2017 WASHINGTON (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Thursday he saw no problem with major central banks diverging in […]
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Equifax takes down web page after report of new hack
FILE PHOTO: The logo and trading information for Credit reporting company Equifax Inc. are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 26, 2017. REUTERS/Lucas Jackson October 12, 2017 By John McCrank NEW YORK (Reuters) – Equifax Inc said […]
Trump’s Iran plans driving EU toward Russia and China: Germany
FILE PHOTO – A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives of the U.S., Iran, China, Russia, Britain, Germany, France and the European Union during the Iran nuclear talks at the Vienna International Center in Vienna, Austria July 14, […]
GM, suppliers to invest $500 million in Argentina to produce new model
FILE PHOTO: The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo October 12, 2017 BUENOS AIRES (Reuters) – General Motors Co <GM.N> and its suppliers will invest a total of $500 million in Argentina operations through 2019 to prepare to produce a new […]
AT&T subscriber losses highlight cord-cutting threat: analysts
FILE PHOTO: An AT&T logo is seen at a AT&T building in New York City, October 23, 2016. REUTERS/Stephanie Keith/File Photo October 12, 2017 By Anjali Athavaley NEW YORK (Reuters) – AT&T Inc’s third-quarter video losses sent pay-TV industry shares down on Thursday after Wall Street analysts raised concerns about […]
Russia says progress in anti-doping reforms unrecognized
FILE PHOTO: Russian Olympic Committee (ROC) chief Alexander Zhukov (R) and Vitaly Smirnov, head of the new commission created to combat doping, attend a news conference following a meeting of the executive board of Russian Olympic Committee in Moscow, Russia July 25, 2016. REUTERS/Sergei Karpukhin October 12, 2017 MOSCOW (Reuters) […]
China’s PINTEC launches Singapore robo advisor backed by insurer FWD
FILE PHOTO: A woman sits in the reception area of PINTEC Group in Beijing, China, August 11, 2016. REUTERS/Thomas Peter/File Photo October 12, 2017 By Elzio Barreto HONG KONG (Reuters) – Financial technology company PINTEC Group said on Thursday it launched a venture in Singapore, its first outside China, betting […]
Bullard: Fed ‘should defend’ inflation target, risks losing credibility otherwise
October 12, 2017 WASHINGTON (Reuters) – The Fed needs to mount a clear defense of its 2 percent inflation target or risk losing credibility, and possibly triggering a recession, if it continues raising rates until the pace of price increases strengthens, St. Louis Fed President James Bullard said on Thursday. […]
Loan growth helps JPMorgan beat expectations despite trading decline
FILE PHOTO: People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo October 12, 2017 (Reuters) – JPMorgan Chase & Co’s <JPM.N> quarterly profit and revenue easily trumped Wall Street’s expectations on Thursday, but a slump […]
LG to open Europe’s biggest car battery factory next year
FILE PHOTO – The LG logo is seen on a building roof in Minsk, Belarus, September 12, 2016. REUTERS/Vasily Fedosenko/File Photo October 12, 2017 By Marcin Goettig WARSAW (Reuters) – South Korea’s LG Chem will open Europe’s largest lithium-ion battery factory in Poland next year as the region’s auto industry […]