NEWSARENAMW.COM: Latest News of The Day 04:13, 07/12/2019

UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief

Brazil Central Bank President Roberto Campos Neto on Thursday welcomed the approval by Congress of a landmark overhaul of the country's pension system, saying t...

UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief

Source: reuters.com

RPT-UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief Brazil Central Bank President Roberto Campos Neto on Thursday welcomed the approval by Congress of a landmark overhaul of the country's pension system, saying the reforms help create a benign outlook for inflation....
15:39, 07/12/2019

Brazil needs concrete progress on reform to anchor inflation -central bank chief Concrete progress on Brazil's fiscal and economic reform agenda is crucial to a benign outlook for inflation, central bank President Roberto Campos Neto said on Thursday, adding that current inflation expectations are in line with targets....
05:13, 07/05/2019

Brazil c.bank chief says reforms create benign inflation outlook -TV interview Brazil central bank president Roberto Campos Neto on Thursday welcomed the approval by the lower house of Congress of an overhaul of the country's pension system, saying the reforms help create a benign outlook for inflation....
04:13, 07/12/2019

Brazil will not sacrifice curbing inflation for growth - central bank chief Brazil's central bankers are disappointed with how the economy is performing but will not sacrifice controlling inflation for boosting growth, central bank president Roberto Campos Neto said on Thursday....
17:26, 05/16/2019

UPDATE 1-Mexico central bank chief flags concern over ratings setbacks Mexico's government must address concerns flagged by rating agencies over the sustainability of the country's finances following debt downgrades last week, Mexican Central Bank Governor Alejandro Diaz de Leon said on Tuesday....
21:39, 06/11/2019

Fed Governor Says Central Bank Could Take Advantage of Trade War Inflation Lael Brainard, a Fed governor, said the potential inflation on imports caused by President Trump’s tariffs could help the central bank achieve one of its primary goals....
20:52, 05/16/2019

UPDATE 2-Brazil lower house pension reform vote hits delay as savings cut Brazil's lower house of Congress may not vote on a landmark pension reform bill until August, leaders said on Friday, as intense negotiation over amendments delayed the process and reduced savings derived from the overhaul....
12:39, 07/13/2019

Eurozone inflation ticks up in hopeful sign for central bank FRANKFURT, Germany (AP) — Inflation rose in April in the 19-country eurozone, an encouraging sign for the European Central Bank in its struggle to sustainably raise price levels. The European Union’s statistics agency Eurostat said Friday that ...
11:39, 05/03/2019

UPDATE 1-U.S. consumer inflation outlook rises for 1st time in 3 months -NY Fed survey U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum....
20:26, 07/08/2019

The European Central Bank meets as inflation cools and trade tensions heat up The European Central Bank (ECB) announced its easy-money exit strategy one year ago. But twelve months on, the world couldn't look more different....
10:26, 06/06/2019

US-China trade war unlikely to end soon, ex-Chinese central bank chief says The deadlock over trade between the U.S. and China is unlikely to end during next month's G20 summit in Japan, with a former Chinese central bank chief blaming President Trump for the lack of breakthrough....
14:39, 05/31/2019

Italian central bank chief takes populists to task MILAN (AP) — The head of Italy’s central bank has issued strong warnings against some of the populist government’s economic prescriptions. Ignazio Visco’s annual address in Rome on Friday coincides with a deadline from the EU Commis...
14:13, 05/31/2019

Turkish Lira Falls After Erdogan Ousts Central Bank Chief The Turkish lira dropped sharply as President Recep Tayyip Erdogan’s decision to fire the governor of the central bank left investors worried about economic mismanagement in a country dealing with high inflation and sluggish growth....
20:52, 07/08/2019

Turkey fires central bank chief as economic crisis endures No reason was given for Murat Cetinkaya's sacking, but the governor had been loath to cut the interest rate from 24%. Over the past year, Turkey has faced skyrocketing inflation as a result of a debt and currency crisis....
04:39, 07/07/2019

Hard for Xi, Trump to make progress on trade: former China central bank chief China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress toward ending their countries' trade war when they meet at a G20 summit in Japan in June, a former top Chinese official said on Frid...
12:52, 05/31/2019

In Firing Central Bank Chief, Turkey’s Leader Trades Credibility for Growth The move by Recep Tayyip Erdogan dealt a new blow to the central bank’s credibility while threatening to intensify the nation’s wrenching economic crisis....
05:26, 07/07/2019

Trade war could trigger a 'global financial crisis,' says ex-China central bank chief China continued to ramp up the rhetoric against the U.S. on Friday, with a former Chinese central bank chief saying that further escalation in trade tensions between Washington and Beijing could greatly hurt the global economy....
15:52, 05/31/2019

Erdogan reportedly says Turkish central bank chief ousted for refusing rate cut Turkish President Tayyip Erdogan sacked the central bank governor for refusing the government's repeated demands for rate cuts, Hurriyet newspaper on Sunday quoted Erdogan as telling a meeting with his party's lawmakers....
04:13, 07/08/2019

Japan's central bank chief Kuroda sounds alarm on global economy ahead of G-20 Bank of Japan Governor Haruhiko Kuroda said Group of 20 meetings this year will discuss current account balances and also said bilateral trade measures will not resolve such imbalances....
09:26, 05/27/2019

UPDATE 1-China central bank urges calm after Baoshang takeover China's central bank sought to calm investors on Sunday after last month's takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning any more such moves for the moment....
19:00, 06/02/2019

Brazil Congress readies pension reform vote, markets surge Brazil's lower house of Congress began final debates on Wednesday ahead of a vote on a landmark overhaul to the country's pension system, as expectations of the bill's passage pushed Brazilian financial markets to historic highs....
22:00, 07/10/2019

Brazil government insists on private accounts in pension reform: official Brazil President Jair Bolsonaro's chief of staff said on Thursday that he is working with congressional leaders and House Speaker Rodrigo Maia to keep private savings accounts as part of the text of the government's pension reform bill....
17:52, 06/13/2019

Fed Minutes to Shed Light on Inflation Outlook The Federal Reserve’s minutes from its May meeting will offer clues on how officials assessed an unexpected downtick in inflation and views toward lowering rates....
17:52, 05/22/2019

U.S. inflation muted, economic outlook strengthening U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens....
23:13, 04/30/2019

U.S. inflation tame; economic outlook strengthening U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens....
20:13, 04/30/2019

EMERGING MARKETS-Latam stocks gain, Brazil up on pension reform hopes An index of Latin American stocks rose on Wednesday, propped up by robust Brazilian shares gaining on optimism around a pension reform proposal, while most Latin American currencies firmed against a listless dollar. The latest round of U.S.-China...
00:52, 05/09/2019

EMERGING MARKETS-Brazil's real, stocks weaken on pension reform concerns Brazil's real weakened on Thursday, hit by concerns about the passage of the country's pension reform bill and economic growth, while uncertainty ahead of U.S.-China talks at the G20 summit hindered gains in other Latin American currencies. The r...
17:26, 06/27/2019

Brazil lower house pension reform vote hits delay as savings cut Brazil's lower house of Congress may not vote on a landmark pension reform bill until August, leaders said on Friday, as intense negotiation over amendments delayed the process and reduced savings derived from the overhaul....
07:13, 07/13/2019

EMERGING MARKETS-Pension reform prospects lift Brazil's real, stocks Brazil's currency and stocks rose on Thursday after a congressional committee in charge of analyzing the government's pension reform bill approved its main text. The draft bill, which analysts say is critical to improving Brazil's fiscal health ...
05:13, 07/05/2019

Brazil economy minister threatens to quit if pension reform diluted: report Brazil's Economy Minister Paulo Guedes threatened to step down in an interview published on Friday if his ambitious plans to overhaul the country's social security system are watered down and diluted into what he called a "little reform."...
02:26, 05/25/2019

Statement By William J. Brodsky, Chairman And CEO, CBOE Holdings, Inc. On Illinois Pension Reform CHICAGO, May 16, 2012 /PRNewswire/ -- William J. Brodsky, Chairman and CEO of CBOE Holdings, Inc. (NASDAQ: CBOE), today issued the following statement regarding Illinois pension reform: "CBOE Holdings joins the Illinois State Chamber, the Civic Comm...
16:39, 05/04/2019

Brazil pension reform bill would save 913 billion reais, government 'victory' An overhaul of Brazil's social security system will generate savings of 913.4 billion reais ($237 billion) over the next decade with changes to a draft bill proposed in a long-awaited congressional report presented on Thursday....
21:13, 06/13/2019

Rating analysts weigh in on Illinois' improved pension payment outlook Illinois Governor J.B. Pritzker's announcement on Tuesday that a higher revenue forecast will put off a controversial plan to decrease fiscal 2020 pension contributions could be a positive step for the financially shaky state, Wall Street credit rati...
23:13, 05/08/2019

WRAPUP 3-U.S. inflation muted, economic outlook strengthening U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens....
21:26, 04/30/2019

EMERGING MARKETS-Latam currencies firm, Brazil's real gains on pension-reform hope Latin American currencies srengthened on Monday, bucking gloom in emerging markets, with Brazil's real gaining nearly half a percent as investors cheered progress in the government's pension reform bill. The real firmed to 3.8057 per dollar after...
17:26, 07/08/2019

EMERGING MARKETS-Latam forex gains, Bovespa hits new high on pension reform prospects Latin American stocks rose on Monday led by Brazil's Bovespa which scaled a record high on prospects that the country's pension reform bill will pass in the House of Representatives, while most currencies in the region gained against the dollar. ...
22:52, 07/08/2019

U.S. consumer inflation outlook rises for first time in three months: NY Fed survey U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum....
19:39, 07/08/2019

U.S. consumer inflation outlook rises for 1st time in 3 months -NY Fed survey U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum....
17:26, 07/08/2019

Euro zone growth, inflation outlook cut as risks from U.S. trade grow The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc....
13:13, 07/10/2019

Chinese central bank steps up liquidity support for smaller lenders after Baoshang Bank takeover The People's Bank of China signaled its readiness to supply smaller banks with a steady stream of cash after the takeover of a troubled lender, letting more banks the funds and boosting liquidity to the system....
10:26, 06/06/2019

Collaboration with US med schools helps Rwanda improve women's health care (Reuters Health) - Rwandan women have better access to obstetrics and gynecology services thanks to an international partnership to train more doctors, a new study finds....
00:39, 07/13/2019

Exit of Deutsche Bank's investment bank chief marks end of era The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender prepares a multi-billion dollar restructuring aimed at reversing a decline in its fortunes....
21:39, 07/05/2019

Deutsche Bank U.S. Operations Chief to Leave Bank Deutsche Bank AG’s chief operating officer for the Americas, Kate Clifford, has quit after a little more than a year in the role, according to people familiar with the matter....
06:52, 06/05/2019

UPDATE 1-Trump defends use of Deutsche Bank, says bank has been 'maligned' U.S. President Donald Trump on Thursday defended his use of Deutsche Bank AG and said the German bank was being "badly written about and maligned," as congressional Democrats probe his finances....
16:26, 07/11/2019

Danske Bank cuts outlook as money laundering scandal weighs Danske Bank lowered its outlook for 2019 after a disappointing first quarter, due in part to the effects of a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector....
12:52, 04/30/2019

UPDATE 1-Deutsche Bank to set up 50 bln euro bad bank -FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday....
02:13, 06/17/2019

St. Louis Fed Chief Says Interest Rate May Be Cut to Meet Inflation Target Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank may need to lower its short-term interest-rate target if inflation doesn’t appear on track to rise back to desired levels....
11:13, 05/22/2019

Central Bank Independence After inflation ran amok in the 1960s and 1970s, many central bankers fought for, and won, more freedom to control interest rates and set other monetary policy decisions without political interference. Their shields began to crack after the 2008 fina...
19:52, 07/08/2019

UPDATE 3-Turkish inflation lower than expected in May Turkish inflation eased to a lower-than-expected 18.71% in May, official data showed on Monday, causing the lira to decline as investors worried that the central bank may lower its policy rate earlier than expected....
14:00, 06/03/2019

JP Morgan helps Canada and Singapore trial bank transfers on the ‘blockchain’ Central banks in Canada and Singapore claim to have successfully completed a cross-border payment using distributed ledger technology. The Monetary Authority of Singapore (MAS) announced earlier today that it has successfully settled an international...
17:26, 05/02/2019

UPDATE 1-British lawmakers demand their pension fund divests fossil fuels A third of British lawmakers called on Wednesday for their 700 million pound ($885 million) parliamentary pension fund to divest its holdings in fossil fuel companies to address the climate change "emergency"....
16:52, 05/22/2019

UPDATE 1-Norway's pension fund KLP bans investment in alcohol, gambling firms KLP, Norway's largest pension fund, said on Tuesday it will no longer invest in gambling companies and alcohol makers, and recently sold stocks and bonds in such firms worth about $320 million....
08:52, 05/28/2019

UPDATE 1-New York state regulator investigating pension transfer deals -sources New York state's financial regulator has subpoenaed four insurance brokers as part of a broad investigation into an industry in which life insurers take over corporate pension plans from companies that want to offload them, according to two people fa...
05:39, 05/24/2019

IATA chief says trade tensions to hit 2019 airline profit outlook The head of global airlines lobby IATA warned on Thursday of lower industry forecasts for 2019, triggered by increasing trade tensions and higher costs....
15:13, 05/17/2019

Australia's central bank says 'likely' will have to cut rates again - Australia's central bank believes it will likely have to cut interest rates further from the current record low of 1.25% in order to push down unemployment and revive growth in wages and inflation....
08:39, 06/18/2019

China's Yuan Weakens Despite the Will of its Central Bank Why has China's central bank let the yuan plunge against the US Dollar since April 2018? Well, China's central bank tried and failed to change the trend. who saw the decline coming? Chart of the Day has the answer....
02:52, 06/11/2019

The Downsides of Central Bank Mission Creep Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh central banks more in politics—and make them less reliable for investors....
23:00, 06/18/2019

U.S. car tariffs alone would have limited impact on EU, central bank says The immediate impact of such levies would be small even though escalating trade tensions could have grave consequences for the global economy, a study concludes....
16:00, 04/28/2019

Outlook mobile is getting some nifty new features in latest update Microsoft has just announced its Outlook mobile app is getting some new features in the latest update, which will allow users to customize their email notifications from their favorite people. On top of that, the Redmond-based company announced it wi...
05:13, 05/15/2019

Update sent to improve the cameras on the Huawei P30 Pro; B&H pulls the P30 line The Huawei P30 Pro features a quad-camera setup in the back. This consists of a 40MP primary camera (f/1.6 aperture), an 8MP telephoto camera with 5x optical zoom, a 20MP Ultra-wide camera, and a Time-of-Flight (ToF) depth sensor. And don't forget th...
02:26, 06/07/2019

Update coming to improve a disappointing feature on the OnePlus 7 Pro After several OnePlus 7 Pro owners complained that the camera on the OnePlus 7 Pro "sucks" (to quote one user) on the company's forum (and no, it's nothing like the forum you're thinking of), a OnePlus staff member wrote a lengthy post addressing the...
02:39, 05/23/2019

India’s central bank cuts lending rate to 5.75% NEW DELHI (AP) — India’s central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to fortify the economy as consumer spending and corporate investment falter. The interest rate is what...
10:26, 06/06/2019

Central bank slashes German growth predictions Germany's Bundesbank has cut its projections for economic growth in 2019, citing "lackluster" exports. It said both growth and the inflation rate in the eurozone's biggest economy were currently facing risks....
12:52, 06/07/2019

IMF's Christine Lagarde nominated for top job at European Central Bank The European Council officially nominated on Tuesday Christine Lagarde, managing director of the International Monetary Fund, to become the next president of the European Central Bank....
22:13, 07/02/2019

Erdogan Dismisses Governor of Turkey's Central Bank President Recep Tayyip Erdogan has dismissed the governor of Turkey’s central bank, sparking fresh investor concerns over the independence of an institution that has strained to combat runaway inflation....
09:52, 07/07/2019

Turkey’s President Removes Head of Central Bank Differences between Recep Tayyip Erdogan and the bank’s governor, Murat Cetinkaya, had deepened as the bank held its benchmark interest rate at 24 percent....
05:26, 07/07/2019

The Latest: European Central Bank ready to help economy more European Central Bank President Mario Draghi said the bank is ready to “use all the instruments that are in the toolbox” to support the economy if needed...
15:39, 06/06/2019

India's central bank is on track for 'at least one more' rate cut, JPMorgan says The Reserve Bank of India cut its policy repo rate, or the rate at which it lends to banks, by 25 basis points from 6% to 5.75% and changed its stance from neutral to accommodative....
13:52, 06/07/2019

Pakistan appoints IMF economist to head central bank Pakistan's Finance Ministry has appointed an IMF economist to head its central bank amid ongoing talks with the international lending agency over a key $8 billion bailout package....
08:26, 05/05/2019

| Liberia president seeks to clean up central bank Liberian President George Weah has shaken up the leadership of the Central Bank of Liberia in a bid to restore confidence in an institution dogged by scandal....
22:26, 05/29/2019

Italy central bank to spurn firms that don't go green The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, joining other central banks, commercial banks and fund managers in ratcheting up pressure on boardrooms to go green....
09:00, 05/18/2019

REFILE-UPDATE 1-Airbus keeps outlook as Q1 core earnings rise European planemaker Airbus stuck to its full-year financial targets after reporting slightly higher-than-expected core first-quarter profits, overshadowed by a heavy drain on cash as it stocked parts to ease industrial bottlenecks....
09:13, 04/30/2019

UPDATE 1-Wix.com raises 2019 revenue outlook after Q1 tops estimates Wix.com, which helps small businesses build and operate websites, raised its 2019 revenue forecast after first-quarter sales beat estimates as more users converted to paid subscriptions....
11:13, 05/16/2019

UPDATE 1-Lobby group tells China to focus on reform, not retaliation on U.S. firms China should focus on market reforms and avoid restricting access for U.S. financial firms if the trade war escalates and spills into the financial sector, said a lobby group representing global banks and asset managers....
07:00, 06/13/2019

UPDATE 2-Oil Minister Zanganeh says hopeful Iran's oil exports will improve - TV Iran's Oil Minister Bijan Zanganeh said on Sunday that he was very hopeful of an improvement in the country's crude exports, state TV reported, in spite of tightened U.S. sanctions on Tehran's main source of income....
22:26, 07/07/2019

UK central bank holds rates as it assesses Brexit delay LONDON (AP) — The Bank of England has kept its main interest rate on hold at 0.75% following its first policy meeting since Britain was granted a Brexit delay. Governor Mark Carney will hold a news conference later Thursday where the focus will be on...
13:26, 05/02/2019

European Central Bank: ready to give more stimulus if needed FRANKFURT, Germany (AP) — European Central Bank President Mario Draghi says that the eurozone’s monetary authority stands ready to cut interest rates and could re-start its bond purchase stimulus program if the economy needs it. Draghi said in ...
11:00, 06/18/2019

South Africa's rand falls as ANC squabbles over central bank South Africa’s rand fell early on Thursday to its lowest this year as a dispute within in the ruling African National Congress over the central bank weakened demand....
11:39, 06/06/2019

Australia's central bank takes 'responsibilty' for note typo Millions of A$50 ($35) banknotes in Australia have an embarrassing typographical error that was overlooked by the country's central bank before they were printed and circulated....
08:26, 05/09/2019

Take it easy: central bank U-turns loosen financial conditions Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year,......
17:39, 07/18/2019

Global stocks, yields steady with Fed, central bank meetings on tap A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and else...
20:26, 06/17/2019

Lebanon's Central Bank workers suspends strike for 3 days Employees at the Central Bank of Lebanon have suspended their open-ended strike for three days, saying they hope their wages and benefits will not be cut....
13:52, 05/07/2019

Australia's central bank will consider a rate cut at June meeting, governor says Australia's central bank will consider the case for lower interest rates at its June policy meeting, Governor Philip Lowe said in a speech on Tuesday....
08:39, 05/21/2019

Iran central bank: U.S. sanctions aren't harming oil exports The leader of Iran's central bank on Wednesday downplayed the impact of existing and new U.S. sanctions -- retaliatory measures by the Trump administration to punish Tehran for nuclear and military activity....
21:39, 06/26/2019

Retired Lebanese soldiers picket central bank over cuts Retired soldiers in Lebanon started picketing the Central Bank building late on Sunday in protest at draft budget proposals to cut the state wage bill, saying they aimed to stop workers entering on Monday morning....
01:00, 05/13/2019

Central Bank alters monetary policy to stabilise peso With the apparent approval of the International Monetary Fund (IMF), the Central Bank was able to face money markets at the start of last week without the previous restrictions on the exchange rate – the fourth change to monetary policy in six weeks....
01:39, 05/05/2019

Lebanon stock trading suspended over central bank strike BEIRUT (AP) — The Beirut Stock Exchange says it is suspending trading due to the open strike declared by the employees of Lebanon’s central bank. Hundreds of Lebanese public employees are on strike amid concerns that their salaries and benefits...
15:00, 05/06/2019

Lebanon’s Central Bank workers suspends strike for 3 days BEIRUT (AP) — Employees at the Central Bank of Lebanon have suspended their open-ended strike for three days, saying they hope their wages and benefits will not be cut. The strike began last Friday and raised concerns it could paralyze the country...
11:26, 05/07/2019

Australia's central bank cuts interest rates again — more easing may be on the way The Reserve Bank of Australia's (RBA) quarter-point cut took cash rates to an all-time low of just 1% and left limited room for more reductions....
12:00, 07/02/2019

Environment activists block entrance to Norwegian central bank Protesters from the environmental group Extinction Rebellion blocked access to Norway's central bank on Friday, demanding that its $1 trillion wealth fund, the world's largest, stop investing in companies that burn coal....
21:39, 05/24/2019

German central bank expects feeble growth in second quarter Germany's central bank says it expects the country's economy, Europe's biggest, to turn in a feeble performance in the current quarter after returning to growth in the winter....
14:52, 05/20/2019

Venezuela's opposition congress names ad-hoc central bank board Venezuela's opposition-controlled National Assembly on Tuesday appointed an ad-hoc board for the country's central bank with the aim of "protecting its international reserves" from President Nicolas Maduro's government....
22:26, 07/16/2019

Christine Lagarde resigns from IMF to become president of European Central Bank International Monetary Fund Managing Director Christine Lagarde submitted her resignation Tuesday to take on a new role as president of the European Central Bank....
03:52, 07/17/2019

UPDATE 2-Ahold Q1 earnings rise on upbeat sales; maintains FY outlook Ahold Delhaize, which operates supermarkets in the United States and Europe, said on Wednesday its first-quarter net income rose 2.4 percent, lifted by solid growth in online sales and the Netherlands....
16:13, 05/08/2019

UPDATE 3-Intel shares drop, three-year outlook seen lagging rivals Intel Corp shares declined 2.5 percent on Wednesday after executives forecast modest profit growth over the next three years, signaling it is likely to lag big rivals as the once-dominant chipmaker catches up in technology....
00:52, 05/09/2019

UPDATE 2-Smucker quarterly sales miss overshadows upbeat outlook J.M. Smucker Co missed Wall Street estimates for quarterly sales on Thursday, taking a hit from lower prices for its coffee and peanut butter products, overshadowing the packaged food maker's upbeat profit forecast for the year....
17:13, 06/06/2019

UPDATE 1-IMF's Lagarde says U.S.-China trade war could be risk for world economic outlook The trade war between the United States and China could be a risk to the world economic outlook if it is not resolved, International Monetary Fund Managing Director Christine Lagarde told Reuters on Friday during a visit to Uzbekistan....
00:26, 05/18/2019

Aussie dollar rallies as central bank holds rates, cut still on the menu The Aussie dollar popped up almost half a cent to $0.7042 on the decision, giving it a gain for the day of 0.7 percent. It faces tough resistance around $0.7070, however....
18:13, 05/07/2019

Bond Yield Hits 20-Month Low After US Central Bank Signals Rate Cut The benchmark 10-year bond yield was at 6.75 per cent, as of 9:15 am, its lowest level since October 17, 2017, and down 9 basis points from its previous close....
08:00, 06/20/2019

Erdogan reportedly said Turkey may face 'serious problems' if the central bank is not overhauled A presidential decree released Saturday said Turkish central bank Governor Murat Cetinkaya was removed from his post and replaced with his deputy, Murat Uysal....
11:26, 07/10/2019

Stocks Tread Water Ahead of Major Central Bank Meetings Investors await a series of central bank policy meetings this week, with the main focus to be on the Federal Reserve, whose members are likely to debate an interest-rate cut....
14:00, 06/17/2019

Christine Lagarde "Honored" To Be Tapped To Head European Central Bank International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank....
00:39, 07/03/2019

South Africa's rand continues to tumble on central bank worries South Africa's rand fell again early on Friday, reaching a new 2019 low as assurances by the ruling African National Congress about the independence of the central bank did little to ease nerves about economic policy....
10:13, 06/07/2019

Brazil’s central bank aims to stimulate competition through open banking New regulation would see top-12 banks adopt open banking second half of next year; central bank hopes better risk management will lower cost of credit, spur growth....
14:00, 05/01/2019

Russia's thirst for gold is just a diversification play, central bank governor says Russia's surge in gold buying over the past year is simply down to a wish to diversify its portfolio of reserves, the central bank governor told CNBC Friday....
15:39, 04/28/2019

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
15:39, 06/21/2019

China's central bank adviser says U.S. tariffs could cut GDP growth by 0.3 percentage points Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China's growth by 0.3 percentage points but the strengthening economy has become more resilient to external shocks, a Chinese central bank adviser said on Friday....
05:39, 05/10/2019

Turkey fires central bank governor as policy differences deepen Turkey on Saturday fired its central bank governor and replaced him with the bank's deputy governor, a presidential decree published on the official gazette showed....
21:52, 07/06/2019

Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’ The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-borde...
20:39, 05/01/2019

Russian central bank holds key rate, signals future cuts Russia's central bank held its key interest rate at 7.75 percent on Friday in line with market expectations, but said it could consider cutting rates as early as June....
16:00, 04/28/2019

Lebanon central bank workers strike, PM demands budgetary 'realism' Lebanese central bank employees went on strike on Monday over state budget proposals that would cut their benefits but Prime Minister Saad al-Hariri said failure to pass a "realistic" budget would be like a "suicide operation" against the economy....
03:26, 05/07/2019

Canada Central Bank, Holding Steady, Flags Trade Concerns The Bank of Canada kept its key interest rate unchanged at 1.75% and warned that global trade tensions could threaten Canada’s economic outlook following a recent pickup in domestic growth....
02:13, 07/11/2019

IMF's Christine Lagarde Wins EU Support to Lead European Central Bank European leaders have agreed to nominate International Monetary Fund Managing Director Christine Lagarde to become the next president of the European Central Bank....
20:39, 07/02/2019

Global Central Bank Shift Eases Drag on Chinese Currency Shifts toward easier monetary policy by central banks in the U.S. and Europe have reduced some of the downward pressure building on China’s currency....
15:52, 06/22/2019

Twitter chief Jack Dorsey helps UK refugee entrepreneurs take payments Square, the payments company co-founded by Twitter chief executive Jack Dorsey, has launched an initiative to enable refugee entrepreneurs to accept card and mobile payments, to help get their businesses off the ground....
20:39, 06/11/2019

UPDATE 1-Fitch downgrades Mexico and Moody's lowers outlook, hammering peso Credit ratings agency Fitch downgraded Mexico's sovereign debt rating on Wednesday while peer Moody's changed the country's outlook to negative from stable, hammering the Mexican peso....
01:13, 06/06/2019

UPDATE 2-Freeport-McMoRan expects Q2 loss, cuts gold sales outlook Freeport-McMoRan Inc said on Monday it expects to report a loss in the second quarter, hit by lower gold production, weaker copper prices and higher costs, sending the U.S. miner's shares down nearly 6%....
19:13, 07/01/2019

UPDATE 1-Continental raises 2019 cash flow outlook on higher oil prices Top Bakken producer Continental Resources Inc nearly doubled its 2019 outlook for free cash flow to $1 billion on Tuesday, citing an uptick in oil prices....
21:26, 04/30/2019

UPDATE 2-In double whammy, Fitch downgrades Mexico and Moody's lowers outlook In a double blow for Mexico, credit ratings agency Fitch downgraded the nation's sovereign debt rating on Wednesday, citing risks posed by heavily indebted oil company Pemex and trade tensions, while Moody's lowered its outlook to negative....
03:00, 06/06/2019

UPDATE 1-Turkey's annual consumer price inflation falls to 15.72% in June, matches forecast Turkey's consumer inflation fell to its lowest level in a year in June thanks to a high base effect, giving the central bank more room to cut rates in coming months....
11:26, 07/03/2019

South Korea’s central bank lowers rate amid Japan trade row South Korea’s central bank has cut its policy rate for the first time in three years to combat a faltering economy that faces further risks from a heated trade dispute with Japan...
06:52, 07/18/2019

US tariffs could cut China's GDP growth by 0.3 percentage points, says Chinese central bank advisor Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China's growth by 0.3 percentage points but the strengthening economy has become more resilient to external shocks, a Chinese central bank advisor said on Friday....
06:52, 05/10/2019

China's central bank is poised to cut interest rates amid trade war, economist says The People's Bank of China is expected lower rates twice later in 2019 and once in 2020 amid the country's trade fight with the U.S., said a Bank of America Merrill Lynch economist on Wednesday....
10:26, 06/06/2019

Mexico central bank board member says this is 'game changer' after U.S. tariff threat Mexican central bank board member Jonathan Heath said on Twitter Thursday night "this is a game changer," after U.S. President Donald Trump vowed to impose a tariff on all goods coming from Mexico if the flow of illegal immigrants across the southern...
08:13, 05/31/2019

Hemmed in by sanctions, Venezuela central bank moves forex operations to cash Venezuela's central bank has begun using piles of cash rather than electronic transfer to sell foreign exchange to local banks, according to five finance sector sources, a sign of how the nation's economy has become increasingly primitive amid a hype...
05:26, 05/04/2019

Fed's Powell treads carefully as Trump's central bank pick faces trouble Conservative commentator Stephen Moore's sexist comments about women have put in jeopardy his path to the Federal Reserve, with the No. 2 Republican in the Senate saying Wednesday that President Donald Trump's potential nominee may not have the votes...
15:26, 05/02/2019

Banks reopen after workers suspend austerity strike against Lebanon Central Bank Employees at Lebanon's Central Bank have decided to suspend their strike until Friday -- hoping negotiations with the government over proposed austerity measures will lead to a breakthrough....
18:13, 05/07/2019

UPDATE 4-U.S. lifts tariffs on Canadian, Mexican metals, boosting trade pact's outlook The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact....
00:26, 05/18/2019

UPDATE 1-Freeport-McMoran expects to post Q2 loss, cuts gold sales outlook U.S. miner Freeport-McMoran Inc said on Monday it expects a second quarter loss, hit by lower gold production, weaker copper prices and higher costs....
16:26, 07/01/2019

Australia PM struggles to meet tax relief election pledge, central bank urges stimulus Australia's re-elected coalition said on Tuesday it would struggle to deliver tax breaks for tens of millions of voters by July 1, a cornerstone of it's election campaign, as the central bank called for stimulus to aid a slowing economy....
12:39, 05/21/2019

Shares in Asia trade higher as European central bank delays rate hike Stocks in Asia traded higher on Friday afternoon following positive developments overnight on U.S.-Mexico negotiations, while investors digested recent comments from major central bank chiefs....
07:00, 06/07/2019

Turkish currency and stocks drop after President Erdogan fires top central bank official Turkey's stocks and currency dropped on Monday as investors ditched Turkish assets after the country's central bank governor was ousted by President Recep Tayyip Erdogan....
07:00, 07/09/2019

Fire chief helps couple find engagement ring they dropped into Lake Michigan A newly engaged couple in Michigan is thanking their lucky stars — and their local fire chief — for finding the bride-to-be’s engagement ring at the bottom of a lake....
19:26, 06/10/2019

Stephen Moore argues for a Fed rate cut to boost inflation — then Trump touts low inflation "The Fed has to cut rates because prices have been falling and once those prices stabilize you just stop cutting rates," says the onetime Trump Fed pick....
15:39, 06/11/2019

UPDATE 5-Buffett's Berkshire helps bankroll Occidental's $38 bln bid for Anadarko Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp....
02:00, 05/01/2019

EMERGING MARKETS-Latam FX weak; Argentine peso up on central bank's easing of intervention limits Most Latin American currencies softened on Monday against a firm dollar, while Argentina's peso soared after the central bank came out in defense of the troubled currency. The bank said it would ease limits on its currency market interventions, a...
18:26, 04/29/2019

Mnuchin plans one-on-one talk with China’s central bank governor on trade, says focus on Trump-Xi meeting FUKUOKA, Japan (AP) — Mnuchin plans one-on-one talk with China’s central bank governor on trade, says focus on Trump-Xi meeting....
06:39, 06/08/2019

People are buying up the asset class that loves trade wars, central bank easing and volatility Fear about slowing growth and the prospect of lower interest rates have pushed the price of gold higher, but analysts say it may be nearing the top of its run for now....
23:52, 06/05/2019

South Korea's central bank holds rates steady but trade woes strengthen calls to cut South Korea's central bank kept monetary policy unchanged on Friday but a split vote in the decision provided a firm signal the bank was shifting to a dovish footing as the intensifying Sino-U.S. trade war bolstered the case for more stimulus....
15:52, 05/31/2019

Those Attacking Central Forces Should Be Shot On Chest: Bengal BJP Chief West Bengal Bharatiya Janata Party President Dilip Ghosh on Sunday said that the central forces had "every right" to open fire in adverse situations, adding that the miscreants attacking the security......
01:13, 05/13/2019

Inflation Bonds Rally Without Inflation, Signaling Fed Bets Demand is surging for U.S. government bonds that have returns adjusted for the rate of inflation, even as investors have grown increasingly skeptical about the potential for prices to rise....
20:26, 06/27/2019

UN chief welcomes establishment of inclusive government in Central African Republic United Nations Secretary-General António Guterres has welcomed the establishment in the Central African Republic (CAR) of a government in line with an early February peace deal struck with more than a dozen armed groups active in the country....
17:13, 04/28/2019

801 Workers Died Cleaning Sewers Since 1993: Central Panel Chief As many as 801 sanitation workers have died while cleaning sewers in the country since 1993, said Manhar Valjibhai Zala, chairperson, National Commission for Safai Karamcharis (NCSK), Thursday....
02:26, 06/14/2019

UPDATE 1-Deere profit misses; cuts FY19 profit and sales outlook Deere & Co on Friday reported a lower-than-expected quarterly profit and cut its full-year outlook, as an escalating trade war between the United States and China threatens to hit U.S. exports of key commodities, hurting farm incomes and demand for D...
12:52, 05/17/2019

UPDATE 1-World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
20:52, 06/30/2019

UPDATE 1-U.S.'s Mnuchin to meet with Chinese central banker at G20 gathering U.S. Treasury Secretary Steven Mnuchin is scheduled to meet with People's Bank of China Governor Yi Gang this weekend at a gathering of G20 finance leaders in Japan, marking the first face-to-face discussion between key U.S. and Chinese trade negotia...
03:26, 06/05/2019

UPDATE 1-Central bankers weigh up Facebook's Libra plan A senior member of the Swiss National Bank said he was open-minded about Facebook's cryptocurrency project, while an Italian official looked for more information as central bankers try to get to grips with the initiative....
13:13, 06/25/2019

Deutsche Bank's Equities Chief Expected to Leave Deutsche Bank’s global head of equities is expected to leave the bank, the latest move in a planned downsizing of the German lender’s investment bank....
18:00, 06/25/2019

UPDATE 2-Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook Johnson & Johnson raised its full-year sales forecast as demand for its cancer drugs Darzalex and Imbruvica helped it exceed estimates for second-quarter profit on Tuesday....
15:52, 07/16/2019

Australian central bank cuts benchmark rate by 0.25% to a new record low of 1.25% in 1st rate change in almost 3 years. MELBOURNE, Australia (AP) — Australian central bank cuts benchmark rate by 0.25% to a new record low of 1.25% in 1st rate change in almost 3 years....
07:39, 06/04/2019

UPDATE 3-Heat wave gripping eastern, central U.S. to intensify over weekend A massive heat wave that has enveloped the U.S. Midwest pushed into the Northeast on Friday, ushering in temperatures that could top 100 degrees Fahrenheit (38 degrees C) in Washington and prompting utilities to take steps to prevent power outages....
23:39, 07/19/2019

Taking 'responsibilty': Australia printed typo 46 million times on $50 bills, central bank admits Australia's central bank is taking "responsibilty" – or rather, responsibility – for a microscopic typo on 46 million bank notes.        ...
13:39, 05/09/2019

Deutsche Bank chief rebukes executives over suit-fitting on cuts day Managers called high-end tailors to London office as thousands of traders lost jobs Deutsche Bank’s chief executive has criticised two managers who ordered upmarket tailors to their London office on Monday as the lender was announcing 18,000 job loss...
02:13, 07/13/2019

UPDATE 1-U.S. bank regulator will vet next Wells Fargo CEO A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan....
21:52, 05/15/2019

UPDATE 1-Mexican bank Banorte says 1st-qtr profit up by nearly 50 pct Mexico's Grupo Financiero Banorte, the bank with the biggest weight in Mexico's benchmark stock index, posted a first quarter net profit of 9.93 billion pesos ($512 million) on Monday, up 47 percent compared to the same period last year....
06:39, 04/30/2019

UPDATE 1-China to offer liquidity to Baoshang Bank China's central bank said on Sunday that it would offer liquidity to Inner Mongolia-based Baoshang Bank, which the country's financial regulators have said they would take over due to the serious credit risks it poses....
10:26, 05/26/2019

UPDATE 1-Chinese regulators will restructure Baoshang Bank as soon as possible The Chinese government's takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will restructure the lender as soon as possible, a newspaper affiliated to China's central bank said on Sund...
15:26, 06/16/2019

UPDATE 3-U.S. regional bank Prosperity to buy peer LegacyTexas for $2.1 bln U.S. regional bank Prosperity Bancshares Inc said on Monday it would buy Plano, Texas-based peer LegacyTexas Financial Group Inc for $2.1 billion, creating the second-biggest bank by deposits in the state....
02:52, 06/18/2019

World Bank chief urges reforms to attract investment amid trade uncertainty Uncertainty from trade tensions and slowing global growth is increasing the need for developing countries to pursue reforms that make them more attractive to private investment, World Bank President David Malpass said....
06:26, 06/29/2019

Deutsche Bank Investment-Banking Chief Ritchie Could Depart as 'Tough Cutbacks' Look Set to Bite Deutsche Bank executives have discussed the potential departure of investment-banking chief Garth Ritchie, who has come under fire from investors for dismal results....
02:26, 05/28/2019

UPDATE 2-UK watchdog shakes up 'dysfunctional' bank overdraft market Britain's banks and building societies will have to charge the same amount for all overdrafts from April 2020, the Financial Conduct Authority (FCA) said on Friday, in a radical change that will raise questions about the future of free in-credit bank...
10:13, 06/07/2019

UPDATE 4-Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends....
00:00, 07/18/2019

UPDATE 2-Deutsche Bank faces investigation for possible money-laundering lapses -NYT U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday....
10:26, 06/20/2019

UPDATE 3-Brazil's Bradesco to buy Florida bank to focus on wealthy individuals Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately $500 million to buy BAC Florida Bank , which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals....
18:39, 05/06/2019

UPDATE 2-Brazil's Bolsonaro replaces head of BNDES development bank Brazilian President Jair Bolsonaro's government has named a 38-year-old banking executive as the head of development bank BNDES, replacing Joaquim Levy, who resigned on Sunday after Bolsonaro publicly criticized him....
02:52, 06/18/2019

UPDATE 2-Mexico's president says big bank loan shows confidence in Pemex An $8 billion syndicated loan to Mexico's national oil company Pemex is a sign of confidence by more than 20 banks involved in the operation, Mexican President Andres Manuel Lopez Obrador said on Friday, after a recent credit downgrade for the firm....
12:00, 06/29/2019

Boris Johnson clashes with Bank of England chief over whether Britain can strike a deal to continue free trade with EU after Brexit Boris Johnson clashed with the Bank of England Governor today over whether Britain can strike a deal to continue free trade with the EU after Brexit....
17:26, 06/25/2019

UPDATE 2-Bank staff flagged Trump, Kushner transactions for watchdog -NYTimes Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdo...
07:26, 05/20/2019

UPDATE 1-Bank staff flagged Trump, Kushner transactions for watchdog -NYTimes Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdo...
22:39, 05/19/2019

REFILE-UPDATE 2-European shares dip on Deutsche Bank, fading hopes of sharp Fed cut Banks led European shares slightly lower on Monday as Deutsche Bank slid despite a major restructuring move, while fading hopes of a sharp interest-rate cut by the U.S. Federal Reserve weighed on broader markets....
20:26, 07/08/2019

UPDATE 3-Bank staff flagged Trump, Kushner transactions for watchdog -NYTimes Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdo...
08:13, 05/20/2019

UPDATE 4-Deutsche Bank faces FBI investigation for possible money-laundering lapses - source The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday....
13:13, 06/20/2019

UPDATE 1-Trump sues Deutsche Bank and Capital One to block House subpoenas U.S. President Donald Trump, three of his children and seven of his companies filed a federal lawsuit Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dea...
09:13, 04/30/2019

UPDATE 1-Italian bank fund could take Carige stake in BlackRock rescue -Intesa CEO A rescue plan for Italy's Carige by U.S. asset manager BlackRock would allow a fund financed by Italian lenders to take part in a cash call at the Genoa-based bank, the chief executive of Intesa Sanpaolo said on Tuesday....
15:52, 04/30/2019

UPDATE 1-House Democrats seek to intervene against Trump lawsuit over bank subpoenas Two committees of the Democrat-controlled U.S. House of Representatives on Friday asked to intervene in a lawsuit filed by President Donald Trump, his three oldest children and the Trump Organization seeking to block House subpoenas seeking financial...
14:39, 05/04/2019

UPDATE 1-Deutsche Bank held talks with Citi, BNP on shedding chunk of equities business -WSJ Deutsche Bank has held talks with Citigroup Inc, BNP Paribas SA and others over the possible sale of parts of its equities business, the Wall Street Journal reported on Tuesday....
01:13, 07/03/2019

UPDATE 1-Bank of America profit beats as healthy economy fuels loan growth Bank of America Corp beat estimates for quarterly profit on Wednesday, as the United States' second-largest lender's loan book benefited from a healthy domestic economy....
14:00, 07/17/2019

UPDATE 1-Shares in Brazil's Banco Inter soar as bank prepares share offering Brazilian digital lender Banco Inter SA has hired the investment banking units of JPMorgan Chase & Co, Banco BTG Pactual, Banco Bradesco SA, Goldman Sachs and Banco Santander Brasil to manage a 1 billion-reais ($263 million) share offering, one sourc...
21:00, 07/04/2019

UPDATE 2-Brazilian prosecutors target bank execs in new phase of 'Car Wash' corruption probe The Brazilian federal police on Wednesday moved to arrest three executives of Brazil's Banco Paulista SA in connection with a money laundering investigation involving Brazilian construction conglomerate Odebrecht, federal prosecutors said in statemen...
16:13, 05/08/2019

UPDATE 3-FAA chief has no timetable for Boeing 737 MAX approval The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable to approve Boeing Co's 737 MAX for flight after two fatal crashes since October prompted the plane to be grounded worldwide....
02:00, 05/23/2019

UPDATE 5-T-Mobile's deal for Sprint gets big boost from FCC chief T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp won the support of the head of the Federal Communications Commission on Monday, in a big step toward the deal's approval....
21:26, 05/20/2019

UPDATE 1-U.S. trade chief says talking with China won't stop cheating U.S. tariffs on Chinese goods may not be enough to force Beijing to make the economic reforms demanded by the United States, but the trade barriers are the only recourse given dialogue has failed, the top U.S. trade official said on Tuesday....
21:26, 06/18/2019

UPDATE 1-Uber COO, marketing chief step down in leadership overhaul - memo Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi wants to take more control of operations and is overhauling the ride-hailing company's leadership to deal with brand challenges, according to an internal memo seen by Reuters....
00:13, 06/08/2019

UPDATE 2-Delaware chief justice to retire, leaves mark on U.S. takeover law Chief Justice of the Delaware Supreme Court Leo Strine will retire in the next few months, Governor John Carney announced on Monday, a leadership change in the court system that decides disputes for more than two-thirds of Fortune 500 companies....
22:52, 07/08/2019

UPDATE 3-Hard for Xi, Trump to make progress on trade - former China cbank chief China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress towards ending their countries' trade war when they meet at a G20 summit in Japan in June, a former top Chinese official said on Fri...
09:13, 05/31/2019

UPDATE 1-Fiat Chrysler sales chief files whistleblower suit over SEC probe Fiat Chrysler Automobiles' U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to withhold 90% of his 2018 compensation because he has cooperated with a probe by the U.S. Securities and Exchange Commission, co...
01:13, 06/06/2019

UPDATE 4-Hard for Xi, Trump to make progress on trade - former China cbank chief China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress towards ending their countries' trade war when they meet at a G20 summit in Japan in June, a former top Chinese official said on Fri...
12:00, 05/31/2019

UPDATE 1-Disney poaches Netflix film-making chief for streaming service - Deadline Walt Disney Co has hired the head of Netflix Inc's original film division, Matt Brodlie, for its streaming service Disney+, according to a report by Deadline on Tuesday....
23:13, 06/25/2019

Yemen update: UNICEF chief condemns attack in Taiz that claims lives of seven children Nowhere is safe in Yemen, the head of the UN Children’s Fund UNICEF said, after an attack in the city of Taiz claimed the lives of 12 civilians, including seven youngsters – the latest victims of the country’s more than four-year war. ...
17:13, 05/27/2019

UPDATE 5-Apple design chief Jony Ive, Steve Jobs' confidant, to leave and start own firm Jony Ive, a close creative collaborator with Apple Inc co-founder Steve Jobs whose iPhone and other designs fueled Apple's rise to a $1 trillion company, will leave later this year to form an independent design company....
03:52, 06/28/2019

UPDATE 2-Hedge fund chief Daniel Loeb opposes United Technologies, Raytheon merger Billionaire investor Daniel Loeb said on Friday that his hedge fund Third Point LLC will vote against the planned merger of United Technologies Corp and Raytheon Co, saying there is no "strategic rationale for this transaction."...
22:26, 06/28/2019

Deutsche Bank to quit equities, shrink investment bank in 7.4 bln euro overhaul Deutsche Bank said on Sunday it plans exit its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul designed to turn around the struggling German flagship lender....
22:26, 07/07/2019

Reserve Bank Of India Removes Charges On NEFT/RTGS Bank Transactions The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT) System is used for fund transfers up to Rs 2......
15:52, 06/06/2019

Deutsche Bank plans radical overhaul with €50bn hived off to 'bad bank' – reports The struggling German lender will move poorly performing assets and drastically shrink its investment banking arm, the FT saysDeutsche Bank has drawn up plans for a radical restructuring which will involve the creation of a “bad bank” to hold tens of...
07:52, 06/17/2019

CORRECTED-Investors renew calls for Deutsche Bank to trim investment bank Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week....
19:26, 05/16/2019

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares: source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowledge of the matter said on Tuesday....
15:52, 07/09/2019

Russia's Vostochny Bank capital fell below key threshold last month- c.bank Russia's central bank warned on Friday that Vostochny Bank's capital adequacy ratio briefly dipped below a critical level last month, a sign of balance sheet problems at the lender amid a battle for control between shareholders....
18:39, 07/12/2019

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince them he can turn around Germany's biggest lender, whose shares hit a record low....
20:52, 05/23/2019

CITIC Bank Private Bank: Success = Technology + Human Touch CITIC Private Bank is leading Chinese private wealth managers in the adaptation of technology, but it is not forgetting the most important element of customer service and the notion that each App Must Have the Warmth of the Human Touch!...
14:53, 04/28/2019

Investors renew calls for Deutsche Bank to trim investment bank Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week....
22:52, 05/16/2019

Deutsche Bank CEO readies investment bank cuts as stock hits low Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive....
13:39, 05/23/2019

RPT-Investors renew calls for Deutsche Bank to trim investment bank Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week....
08:00, 05/17/2019

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares - source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowledge of the matter said on Tuesday....
14:39, 07/09/2019

Deutsche Bank is kicking off a brutal cull of 18,000 jobs as part of a $8.3 billion overhaul. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing revealed a sweeping overhaul of Germany's biggest bank after a supervisory board meeting on Sunday. The restructuring plan will see the bank shift from servicing asset managers and hedge fun...
14:39, 07/08/2019

Western Europe's best bank bank for corporate responsibility 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy...
17:52, 05/30/2019

Deutsche Bank may create 'bad bank' for high-risk assets Germany's largest lender is planning to isolate up to €50 billion in high-risk assets, reported the Financial Times. The bank's chief executive has vowed to restore sustainable profitability to the ailing lender....
18:00, 06/17/2019

Deutsche Bank to reportedly set up 50 billion euro bad bank; shares pop over 3% Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets, the Financial Times reported on Sunday....
12:00, 06/17/2019

Deutsche Bank is about to undergo its biggest restructuring ever. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing is expected to announce a sweeping overhaul of Germany's biggest bank after a supervisory board meeting on Sunday. The restructuring will reportedly focus on its US business and could includ...
18:14, 07/06/2019

Deutsche Bank to set up 50 billion euro bad bank in revamp Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
20:26, 06/17/2019

U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal: FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday....
12:26, 06/24/2019

Deutsche Bank CEO Signals More Cuts to Investment Bank Chief Executive Christian Sewing signaled Deutsche Bank will shrink its investment bank as it struggles to stabilize the business and regain support from investors who have pushed its shares to record lows....
16:26, 05/23/2019

Deutsche Bank to set up 50 billion euro bad bank: source Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
11:00, 06/17/2019

Deutsche Bank to set up 50 billion euro bad bank Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
13:26, 06/17/2019

Deutsche Bank to set up 50 billion euro bad bank: FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday....
23:26, 06/16/2019

Less Than Three Weeks Until Pension Deadline FRANKFORT, Ky. (LEX 18) – Lawmakers have less than three weeks before pension rates for a lot of state agencies skyrocket. It’s a potential crisis that could affect health departments, rape crisis centers and regional universities. Last w...
05:13, 06/13/2019

How Much Contribution You Need In PM-SYM To Reach Your Pension Goal Pension scheme PM-SYM or Pradhan Mantri Shram Maan-Dhan requires a monthly contribution ranging from Rs 55 to Rs 200 for a subscriber to reach his or her pension goal. PM-SYM or PM Shram Maan-Dhan is......
22:13, 05/01/2019

Japan's Answer to Its Pension Problems: Invest Like the U.S. An official report advising Japanese couples to save at least $185,000 for retirement has shaken up an election race and triggered a wave of interest in investing in a country where retirees have long counted chiefly on state pensions....
00:52, 07/18/2019

US Cop Cleared Of Murder Rehired To Get Pension: Reports A US police officer acquitted of murder after shooting an unarmed man in a case that shocked the nation was briefly rehired so he could get a pension, reports said Friday....
13:26, 07/13/2019

Explained: Tax Benefits Under National Pension System (NPS) PFRDA has appointed NSDL (National Securities Depository Limited) as Central Recordkeeping Agency (CRA) for National Pension System. CRA issues Permanent Retirement Account Number (PRAN) to each......
10:39, 06/23/2019

Defence Ministry To Look Into Issue Of Tax On Disability Pension The issue of tax on disability pension for military personnel was today raised in the Lok Sabha by Congress leader Adhir Ranjan Chowdhury, with Defence Minister Rajnath Singh saying his ministry will......
20:39, 06/27/2019

Democrat Says Bevin Needs More Votes For Pension Plan FRANKFORT, Ky. (LEX 18) — A Kentucky Democrat is questioning whether Gov. Matt Bevin has enough votes to pass his pension reform plan. Just last week an aide to Bevin said the governor’s plan had enough votes to pass in a special session ...
13:52, 06/25/2019

Brazilians strike against Bolsonaro's pension plans A nationwide strike has paralyzed transport in the South American country's major cities as police used tear gas to clear protesters. Many Brazilians are furious about President Bolsonaro's planned retirement changes....
22:13, 06/14/2019

Swiss voters approve tax and pension overhaul: TV Swiss voters easily approved on Sunday a shake-up of the country's corporate tax system, heading off what its finance minister had called an existential threat to Switzerland's role as a business hub, projections for Swiss broadcaster SRF showed....
13:26, 05/19/2019

Woman, 81, killed herself after pension was frozen in error Joy Worrall took her own life in Wales after being left with no income, inquest hearsAn 81-year-old woman killed herself after running out of money when her pension was frozen due to an administrative error.Joy Worrall, 81, was too proud to tell her ...
01:39, 05/10/2019

Steel pension fund in talks about £10.5bn buyout The trustees of the £10.5bn British Steel Pension Scheme (BSPS) are in secret talks to offload it two years after it was handed £550m to secure a rescue of the UK's biggest steel producer....
02:00, 06/30/2019

Cop Who Shot Unarmed Man Rehired By Police So He Can Collect Pension An Arizona police officer who was fired and charged with murder for killing an unarmed man in a hotel hallway was rehired temporarily so he could collect a pension....
13:26, 07/13/2019

Dispute lingers over how many votes needed for pension bill FRANKFORT, Ky. (AP) — A prominent Democratic lawmaker said Monday that Kentucky’s governor needs more legislative support than Republicans think he does in order to pass his pension-relief proposal in a special legislative session, and she says...
03:52, 06/25/2019

Farmers To Contribute Rs 100 Per Month Under PM-Kisan Pension Yojana Discussing the new scheme with state agriculture ministers through a video conference, Union Agriculture Minister Narendra Singh Tomar urged all states and union territories to roll out the programme......
12:00, 06/14/2019

These pension plans are at risk of going broke. Now lawmakers need to agree on a fix Retirement benefits for more than 1 million people could be at risk if nothing is done to help save underfunded multiemployer pensions. The House of Representatives is set to consider a bill that addresses the problem....
22:00, 07/12/2019

Pension-pork bills could cost NY taxpayers extra $1.5B They’re doling out the pork. Paying for New York’s retired municipal workers could cost taxpayers an additional $1.5 billion dollars this year thanks to a trove of pension-pork bills introduced by Albany lawmakers in the final days of the legislative...
14:13, 06/07/2019

Bevin writes to lawmakers to outline changes to pension plan FRANKFORT, Ky. (AP) — Looking to break the gridlock on his pension-relief proposal, Kentucky Gov. Matt Bevin has reached out to lawmakers with several changes he’s agreed to make in hopes of winning enough support to have the measure taken up i...
02:39, 06/06/2019

How To Avail Income Tax Benefits Under National Pension System (NPS) NPS scheme: Union Finance Minister Nirmala Sitharaman increased the income tax exemption limit on withdrawal from NPS and also announced some additional income tax benefits for employees who......
10:00, 07/11/2019

Army Backs Plan To Tax Disability Pension, Says Not For "Tax Exemption" In a circular issued June 24, the Central Board of Direct Taxes said pensions drawn by personnel who retired under normal circumstances would be taxed. It also clarified that disability pensions,......
12:26, 07/03/2019

All You Need To Know About PM Shram Yogi Maan-Dhan (SYM) Pension Scheme Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government-sponsored voluntary and contributory pension scheme for unorganised workers. Pension scheme PM-SYM or Pradhan Mantri Shram Yogi Maan-Dhan......
22:13, 05/01/2019

National Pension System (NPS) Withdrawal Rules Explained Here NPS account: Originally launched for the government employees in 2004 and extended to the general public in 2009, it allows premature withdrawal and exit from an account under certain conditions....
06:13, 07/14/2019

Australia's AMP hit with class-action lawsuit from pension account holders Australian wealth manager AMP Ltd said on Thursday it would defend itself against a new class-action lawsuit filed on behalf of pension fund account holders and claiming overcharging of fees....
13:52, 05/30/2019

Judge: Kentucky must pay fees, costs in pension plan case FRANKFORT, Ky. (AP) — A Kentucky judge has ordered the state to pay more than $72,000 in attorneys’ fees and costs in a lawsuit over the release of an economic analysis of Gov. Matt Bevin’s administration’s analysis of the 2017 pens...
03:52, 06/25/2019

Speaker: Bevin Still Lacks House Votes For His Pension Bill FRANKFORT, Ky. (AP) — Kentucky Gov. Matt Bevin’s administration hasn’t built enough “comfort level” among lawmakers to get his pension-relief proposal through the Republican-led House in a potential special legislative session...
20:13, 05/15/2019

Regional university presidents endorse Bevin’s pension plan FRANKFORT, Ky. (AP) — Regional university presidents in Kentucky have endorsed a pension proposal drafted by Gov. Matt Bevin’s administration, giving the plan a boost one day after an advocacy group criticized it. The endorsement on Thursday co...
07:00, 05/03/2019

Rolls-Royce strikes UK's biggest pension deal with insurer L&G Rolls-Royce agreed Britain's largest ever transfer of corporate pension risk, announcing on Thursday it would shift 4.6 billion pounds ($5.8 billion) of assets to insurer Legal & General....
11:52, 06/06/2019

Australian retirees lose their $900,000 pension fund in cryptocurrency scam A retired couple in Australia have reportedly lost $900,000 to an elaborate cryptocurrency scam.  Mike and Karen Taylor were traveling around Australia in a camper van when they fell for the online scam. The cryptocurrency website they used looked le...
18:00, 07/19/2019

Supreme Court to hear U.S. Bancorp pension plan dispute The U.S. Supreme Court on Friday agreed to consider reviving a class action lawsuit against U.S. Bancorp that accused it of mismanaging an employee pension plan in a manner that violated the Employee Retirement Income Security Act (ERISA)....
17:52, 06/28/2019

Bevin: ‘Onus’ on lawmakers to muster votes for pension plan FRANKFORT, Ky. (AP) — Kentucky Gov. Matt Bevin said Thursday it’s up to the GOP-led legislature to muster the votes needed to pass his pension-relief plan in a special legislative session he wants to convene. Bevin, who has worked for weeks try...
02:13, 05/31/2019

Delays to Brazil's Pension Overhaul Increase Economic Concerns Brazilian President Jair Bolsonaro’s slow-moving effort to get a pension overhaul approved in Congress has left the country’s already struggling economy in limbo as businesses, consumers and markets wait to see when, and in what form, the proposal wi...
03:26, 05/09/2019

House leaders: Bevin’s pension plan still short of votes FRANKFORT, Ky. (AP) — Kentucky Gov. Matt Bevin still lacks enough votes to push his pension-relief bill through the state House, even with the changes he made to his proposal, House leaders said Thursday. They said the tweaks to the bill didn’t...
01:52, 06/07/2019

Brazil congressional pension committee vote pushed back Brazil's special congressional committee on pension reform may still vote on the bill this week, according to the government's spokeswoman in the lower house, dashing earlier hopes the vote would be concluded by Wednesday....
22:52, 06/26/2019

India becomes investment darling for sovereign wealth and pension funds Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more enticing for foreigners to invest....
10:00, 06/21/2019

Freedom Fighter Waited 40 Years For His Pension. Then, Court Stepped In A 95-year-old freedom fighter, who had to fight for nearly 40 years to secure his pension, will finally receive his dues after the Delhi High Court directed the Centre to pay him the arrears along......
20:13, 07/01/2019

Shinzo Abe Criticised As Pension Report Highlights "Inconvenient Truth" Japanese Prime Minister Shinzo Abe faced stiff opposition criticism on Wednesday after a report warned that many retirees won't be able to live on pensions alone, a topic likely to become an issue in......
14:00, 06/19/2019

Reforms to Dutch pension system agreed after years of talks THE HAGUE, Netherlands (AP) — The Dutch government, employers and labor unions have after years of discussions hammered out a new pension framework to make it more sustainable as people live longer and swap jobs more often. One of the key changes ann...
13:52, 06/05/2019

British companies, pension funds may have to report climate risks British public companies and pension funds may have to publish by 2022 what risks their businesses face from climate change under a new so-called green finance strategy....
13:52, 07/02/2019

Norway's KLP bans alcohol, gambling investments from pension funds KLP, Norway's largest pension fund, will no longer invest in gambling companies and alcohol makers, and recently sold stocks and bonds in such firms worth some $320 million, it said on Tuesday....
08:52, 05/28/2019

The Fed's Inflation Problem A first-quarter downdraft has sent inflation back below the Federal Reserve’s 2% target. But even if it persists, low inflation might not count as a reason to cut rates....
00:52, 05/02/2019

Retirees defy Puerto Rico govt, get pension deal with board A group of retired public employees has defied Puerto Rico's government and reached a deal with a control board overseeing the island's finances as it works to restructure more than $50 billion in pension liabilities....
19:52, 06/12/2019

‘SOTC’: Kentucky’s Pension Crisis Pits Teachers Versus Lawmakers LEXINGTON, Ky. (LEX 18) — LEX 18’s politics and policy show, “State of the Commonwealth,” takes a deep dive this week into the commonwealth’s crushing pension crisis. Speaking at his inauguration in 2015, Gov. Matt Bevin...
16:39, 05/12/2019

Brazil lower house pension vote in question as session goes late Brazil's lower house of Congress was due to vote on Tuesday on a flagship overhaul to the pension system but by early evening the debate had still not begun, calling into question whether the government had the votes it needs....
07:13, 07/10/2019

British lawmakers demand their pension fund divests fossil fuels A third of British lawmakers called on Wednesday for their 700 million pound ($885 million) parliamentary pension fund to divest its holdings in fossil fuel companies to address the climate change "emergency"....
15:26, 05/22/2019

Canada pension fund quietly divests from US migrant detention firms CPPIB pulls investments in CoreCivic and Geo GroupUnannounced move follows Guardian report on holdingsOne of Canada’s biggest pension funds has quietly divested from two private prison operators responsible for the detention of thousands of migrants ...
01:13, 07/06/2019

GOP leaders: Bevin lacks votes to pass pension bill in House FRANKFORT, Ky. (AP) — Some top Republican lawmakers in Kentucky say GOP Gov. Matt Bevin hasn’t lined up enough votes yet to pass his pension bill in an expected special legislative session. House Majority Floor Leader John “Bam” Car...
01:00, 05/07/2019

EMERGING MARKETS-Brazilian assets rise on pension prospects, U.S. Fed remarks Brazil's real and stocks rose on Wednesday due to government efforts to overhaul pension reform, while dovish remarks by U.S. Federal Reserve chief sparked a rally in riskier assets. The real rose nearly 1% to as much 3.7595 per dollar, its highe...
16:52, 07/10/2019

‘SOTC’: Panel Discusses Paths Forward Out Of Kentucky’s Pension Crisis (LEX 18) — LEX 18’s “State of the Commonwealth” convened a panel to discuss the pension crisis that has been the focus of legislative efforts....
19:00, 05/12/2019

Democrats push loan program to help endangered multiemployer pension plans House Democrats are set to advance legislation Wednesday to shore up endangered multiemployer pension plans by giving them low-interest federal loans and bonds, a move critics are calling a bailout. The legislation comes as unions are pressuring the ...
04:00, 07/11/2019

Board orders Puerto Rico to pay $340M owed to pension system A federal control board overseeing Puerto Rico's finances says dozens of municipalities and public corporations have failed to pay or deposit $340 million into a retirement system for government employees....
02:52, 05/01/2019

New York state regulator investigating pension transfer deals: sources New York state's financial regulator has subpoenaed four insurance brokers as part of a broad investigation into an industry in which life insurers take over corporate pension plans from companies that want to offload them, according to two people fa...
01:00, 05/24/2019

‘SOTC’: Jefferson County Educators Lead Pension Protest Efforts (LEX 18) — On “State of the Commonwealth” this week LEX 18 looks at the pension crisis. One group of teachers was noticeably in Frankfort protesting potential changes more than others: educators from Jefferson County. There were sev...
16:39, 05/12/2019

Inflation Picks Up, but Still Below Fed's 2% Target A closely watched measure of U.S. inflation picked up in March but remained well below the Federal Reserve’s 2% target, highlighting the central bank’s struggles to foster reliable price growth even in a strong economy....
22:00, 04/29/2019

With inflation elusive, two Fed policymakers lay out a welcome mat Worried that current low inflation expectations will sap the U.S. central bank's ability to combat a future downturn, two Federal Reserve officials on Thursday made an unusual pitch: if inflation rises unexpectedly, the Fed should lay out the welcome...
22:52, 05/16/2019

Fed needs to let inflation rise above 2%, Kashkari says Low U.S. inflation expectations are sapping the Federal Reserve's ability to respond to a future downturn, Minneapolis Fed President Neel Kashkari said Thursday, calling for the Fed to allow inflation to rise above 2% to bring the economy back to ful...
22:52, 05/16/2019

Wholesale Inflation At 3.07% In April The RBI, which tracks consumer inflation primarily to formulate its monetary policy, last month decided to reduce the repo rate by 25 basis points to 6 per cent - a level last seen in May 2018....
13:39, 05/14/2019

Qatar: Dragging its feet over reform? As allegations linger over financing terrorism and treatment of foreign workers, is Qatar doing only the minimum over reform? Conflict Zone's Tim Sebastian meets foreign ministry spokesperson Lolwah Al-Khater....
00:26, 06/14/2019

YOUR MONEY: Retirement reform wants more of your tax dollars now Saving for retirement is such a lofty goal that the U.S. government has always been willing to give tax incentives to encourage people to do more of it....
20:52, 05/31/2019

Canadian pension fund Caisse replaces lending unit CEO after ethical failures Canada's second-largest pension fund said on Tuesday it had replaced the chief executive and overhauled the board of its commercial real estate lending unit, after an outside investigation found ethical failures by a handful of employees....
04:13, 05/29/2019

LIRR overtime ‘cheat’ hung out at home on the clock, retired with full pension anyway A Long Island Rail Road worker who raked in more than $280,000 in pay last year — more than half from overtime — was busted hanging out at home while on the clock, according to a report obtained by The Post. But he was allowed to retire before he cou...
10:26, 07/10/2019

Mesa officer who fatally shot unarmed man temporarily rehired to apply for pension _____ A former Mesa, Arizona, police officer who was acquitted two years ago in the fatal shooting of an unarmed man seen on video pleading “please do not shoot me” was temporarily rehired by his department last year so he could apply for...
17:39, 07/13/2019

Data Analytics Showed Disability Pension Benefits Misused: CBDT Chairman The latest circular which clarified the eligibility for availing disability pension by armed forces personnel was issued after data analytics found that the provision meant for the needy was being......
13:52, 07/07/2019

Australian regulator slaps stricter conditions on AMP's pension funds, shares fall Australia's banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd's pension fund units following concerns regarding its compliance with superannuation laws, sending......
04:13, 06/14/2019

Insurance firm Legal & General adopts Amazon’s blockchain for pension deals Legal & General, a multinational British insurer, has partnered with Amazon to create a blockchain system for corporate pension deals. According to Reuters, Legal & General will be using Amazon Web Services’ managed blockchain system to process bulk ...
18:26, 06/12/2019

Fed Re-Examines Its Own Ability to Control Inflation: What Next? Why does the Fed keep missing its inflation "target"? Here's a clue: $10 Trillion in debt outstanding. See what this looks like, in Chart of the Day....
16:00, 05/01/2019

Powell: unemployment, inflation relationship gone Federal Reserve Chairman Jerome Powell said Wednesday before the Senate Banking Committee that very low unemployment rates no longer necessarily push up inflation. (July 11)       ...
00:13, 07/12/2019

Wholesale Inflation Eases To 2.02% in June Build up inflation rate in the financial year so far was 1.33 per cent compared to a buildup rate of 2.41 per cent in the corresponding period of the previous year....
03:13, 07/16/2019

Fed may not be able to engineer higher inflation: Kashkari The Federal Reserve should not cut interest rates unless there is hard data signaling economic weakness ahead, Minneapolis Fed President Neel Kashkari said on Thursday, and should not rely on a rate cut to try to kickstart a healthier level of inflat...
22:52, 05/16/2019

Consumer Inflation Accelerates To 2.92% In April Consumer inflation remained below the RBI's medium-term target of 4 per cent for a ninth consecutive month. Consumer inflation had stood at 2.86 per cent in March....
20:39, 05/13/2019

RBI Revises Consumer Inflation Forecast In its first bi-monthly policy for FY20 in April, the Reserve Bank of India (RBI) had forecast the retail inflation to be hovering in the range of 2.9-3 per cent for six months till September....
15:52, 06/06/2019

The Economy Is Strong and Inflation Is Low. That’s What Worries the Fed. The Fed’s struggle to coax inflation to its 2 percent target signals the faltering of a foundational economic relationship. That could create a problem in the next recession....
12:52, 05/21/2019

Some U.S. Fed officials are more worried by weak inflation Two Federal Reserve policymakers on Friday said they were increasingly worried about weak inflation, an indication that some U.S. central bankers see a growing case for a future interest rate cut even as others push for continued patience....
23:39, 05/03/2019

French PM sets out "Macron II" reform drive France will reduce unemployment benefits for high earners and offer incentives to those who work beyond normal retirement age, two major planks of a renewed reform drive by President Emmanuel Macron after months of "yellow vest" protests....
19:13, 06/12/2019

Australian PM says Beijing should adopt reform to end U.S. trade war Australian Prime Minister Scott Morrison said on Wednesday that China should reform its economy to end a trade war with the United States that is damaging the global economy, comments that could strain ties with the country's largest trading partner....
08:39, 06/26/2019

Congress: Pass immigration reform now to help immigrants like me I never expected to live in Richmond, Virginia. In fact, I never even imagined living in the United States. But after being here since 2017, I can’t imagine living anywhere else. And as June, Immigrant Heritage Month, comes to an end, I am incredibly...
17:00, 06/29/2019

Boeing 737 Max crash families call for reform of FAA Family members of victims from two Boeing 737 Max crashes called for a reform of the Federal Aviation Administration during testimony Wednesday before a House committee in Washington, D.C....
23:00, 07/17/2019

Why Ethiopian Leader’s Reform Agenda Is Under Attack Since taking power last year, Ethiopian Prime Minister Abiy Ahmed has been on a drive to open up Africa’s second-most-populous nation. He has scrapped bans on opposition and rebel groups, purged allegedly corrupt officials, ended two decades of acrim...
13:00, 07/04/2019

Modi Is India’s Best Hope for Economic Reform To win a fresh mandate for himself and his party in India’s upcoming elections, Prime Minister Narendra Modi has made extravagant promises and worrisome threats. He can fairly be accused of fanning flames of hostility toward India’s Musli...
19:00, 05/09/2019

Labour is a 'remain and reform' party on EU, says Tom Watson Deputy leader agrees with Keir Starmer that new referendum will be needed for deal to passLabour is still a “remain and reform party” over EU membership, Tom Watson has argued, as he said it seemed inevitable that a confirmatory referendum would be n...
13:26, 05/13/2019

New summer temperature outlook is here Summer’s temperatures will be hot in the East and relatively cool in the Plains and Midwest, according to an updated outlook released Thursday by The Weather Company, an IBM Business. Computer model forecast guidance favors the contrast in rela...
16:26, 05/17/2019

Consumer Inflation Picks Up To 3.05% In May, Highest In 7 Months The latest set of inflation data comes days after the Reserve Bank of India (RBI) reduced the repo rate - the key interest rate at which it lends short-term funds to commercial banks - to a nine-year......
18:00, 06/12/2019

Shares snap seven-day hot streak; U.S. inflation next hurdle World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was set to refine the odds of an early cut in interest rates there....
15:13, 06/12/2019

College costs rising faster than inflation College costs are about to get even higher. The Higher Education Price Index is forecasting inflation for U.S. colleges and universities to increase by 2.6% for this fiscal year. The forecast takes into consideration the average relative price of goo...
21:13, 05/28/2019

BlackRock's Rieder says Fed shouldn't be too concerned with low inflation BlackRock's Rick Rieder says the Fed is unnecessarily concerned about low inflation and is more likely to raise interest rates before it cuts them....
21:13, 05/01/2019

Muted U.S. inflation strengthens case for Fed rate cut U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy increased pressure on the Federal Reserve to cut interest rates this year....
19:39, 06/12/2019

Muted Inflation Data Provides Further Boost to Treasurys Yields on short-term U.S. government bonds fell Wednesday after another set of tame inflation data bolstered investors’ expectations that the Federal Reserve will soon move to cut interest rates....
19:52, 06/12/2019

Stocks' Climb Continues as Inflation Remains Just Right U.S. stocks are hitting records again after a monthslong drought, powered by fresh signs that the domestic economy is perking up without spurring a jump in inflation....
22:52, 04/28/2019

Venezuela introduces new banknotes as inflation soars CARACAS, Venezuela (AP) — Venezuela is planning to introduce banknotes with larger denominations to cope with hyperinflation which shows no signs of slowing. The central bank says the new bolivar bills of 10,000, 20,000 and 50,000 will gradually star...
22:00, 06/12/2019

Underlying U.S. producer inflation boosted by services Underlying U.S. producer prices increased solidly for a second straight month in May, boosted by a surge in the cost of hotel accommodation and gains in portfolio management service fees....
18:52, 06/11/2019

WRAPUP 2-Tame U.S. inflation seen keeping Fed on the sidelines U.S. consumer prices rose moderately in April and underlying inflation remained muted, supporting the Federal Reserve's projection of no further interest rates increases this year....
19:13, 05/10/2019

The rise of the sharing economy and the decline of inflation What if, by waving a magic wand, people worldwide could suddenly get 10% more activity from the existing stock of cars, houses, and manufacturing plants? That’s exactly what’s happening for people far and wide who are willing to boost their incomes s...
20:26, 05/03/2019

Inflation Showed Signs of Life in April U.S. inflation picked up in April after a very weak start to the year, a development that could help to ease Federal Reserve officials’ recent concerns about tepid price pressures....
03:00, 06/01/2019

Inflation Is Likely to Fuel Discussion as Fed Officials Meet Federal Reserve officials meet this week more confident that the economy has shaken off recession worries that sent markets reeling late last year, but they face a new quandary about slowing inflation....
22:00, 04/29/2019

U.S. Inflation Continues Recovery but Remains Below Fed Target Inflation continued to recover in May from a sharp slowdown earlier this year, a trend that could ease the Federal Reserve’s worries about weak price pressures while potentially tempering investors’ hopes for an interest-rate cut next month....
17:26, 06/28/2019

Fed faces tough sell on inflation framework Federal Reserve policymakers fear they are ill-equipped to battle the next recession under their current inflation-targeting approach, and this year are well into an effort to vet new strategies for managing interest rates in a world of muted inflati...
23:39, 05/05/2019

U.S. consumer spending, inflation rise moderately in May U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month....
17:52, 06/28/2019

U.S. inflation much softer in first quarter; puts spotlight on Fed U.S. inflation was much weaker than initially thought in the first quarter amid a sharp slowdown in domestic demand, which could cast doubts on the Federal Reserve's view that the benign price pressures were largely because of temporary factors....
19:39, 05/30/2019

Hungary suspends court reform that had raised EU concerns Hungary unexpectedly announced an indefinite suspension of a new administrative court system on Thursday, backtracking on a reform that had raised concerns over judicial independence....
14:00, 05/30/2019

Hariri says Lebanon far from bankruptcy, cites risks of no reform Prime Minister Saad al-Hariri said on Monday Lebanon was far from bankruptcy but failure to pass a "realistic" budget that brings down the state deficit would be tantamount to a "suicide operation" against the economy....
03:26, 05/07/2019

Oxygen greenlights Kim Kardashian prison reform documentary NEW YORK (AP) — Oxygen Media has greenlighted a two-hour documentary that will capture Kim Kardashian West’s efforts to free prisoners she believes were wrongly accused. It’s a move by the network to expand its true-crime programming. The...
05:00, 05/08/2019

Pacifist constitution reform at stake as Japan goes to polls Japanese Prime Minister Shinzo Abe's ruling bloc was forecast to win a solid majority in an upper house election on Sunday that could determine whether his dream of revising the post-war, U.S.-drafted pacifist constitution can be kept alive....
08:00, 07/21/2019

| EU urges Nigeria electoral reform after disputed polls European Union election observers called on Nigeria to consider urgent electoral reforms after identifying "systemic failings" in the recent presidential, parliamentary and governorship elections....
05:52, 06/17/2019

Bail-reform poster boy arrested yet again for reckless driving A crime-prone teenager — who became a poster boy for bail reform when prosecutors dropped a 2015 robbery charge against him — was arrested yet again in the Bronx on Monday, sources said. Pedro Hernandez, who was freed on June 3 when the charges in hi...
03:13, 06/18/2019

Sanders, Harris pitch immigration reform in Calif. Bernie Sanders and Kamala Harris dueled Friday over Hispanic votes in California, a central front in the nation's immigration battle where Latinos represent the state's largest ethnic group. (May 31)        ...
08:52, 06/01/2019

Ocasio-Cortez and Ted Cruz actually agree on lobbying reform Alexandria Ocasio-Cortez offered to “make a deal” with Texas senator Ted Cruz on Thursday after the diametrically opposed politicians actually agreed with each other on lobbying reform. The Democratic socialist wrote on Twitter that ̶...
01:00, 05/31/2019

Suu Kyi's bid to reform charter sparks rival protests in Myanmar Hundreds of people demonstrated in Myanmar's largest city, Yangon, on Wednesday in support of proposed constitutional amendments that would reduce the power of the military....
11:00, 07/17/2019

US lawmakers look to legalize pot in 'historic' marijuana reform hearing U.S. lawmakers weighed reforming pot laws in what advocates called a "historic" hearing Wednesday, with numerous members of Congress saying they wanted to loosen federal laws, even legalize marijuana....
02:13, 07/11/2019

Bail-reform poster boy busted for driving without license again Bail-reform poster boy Pedro Hernandez allegedly blew three stop signs and a red light — at one point driving the wrong way on a one-way street — trying to outrun cops in the South Bronx, police and sources said Sunday. Hernandez, who was just left o...
20:39, 06/09/2019

Young Afghan General Tries to Reform Police With American Way of War Coming up through elite U.S. and British training, he is a favorite of Western commanders. But his police forces are under siege, and corruption is still a problem....
09:26, 07/12/2019

Indonesia president says to go all out in second term to boost economic reform Indonesian President Joko Widodo pledged on Thursday to slim the government during his second term and cut red tape hampering investment to achieve an ambitious growth target in Southeast Asia's biggest economy by 2045....
10:00, 05/09/2019

South Africa's Ramaphosa faces obstacles to reform Even with a decisive election victory for South Africa’s ruling party this week, the country’s President Cyril Ramaphosa could still struggle to push through the tough reforms needed to galvanize Africa's most developed economy, say analysts and some...
14:52, 05/06/2019

Britain's Big Four accountants could gain reprieve from audit reform Britain's business ministry will consult further on sweeping reforms of the audit market, it told Reuters, stopping short of legislation demanded by lawmakers....
22:13, 05/21/2019

Chip Roy finds a promising angle on healthcare reform Just half a year into his congressional tenure, Chip Roy is taking the oft-abandoned helm of the Republican Party's lead on healthcare reform. For nearly a decade, Republicans have promised to repeal and replace the Affordable Healthcare Act, and for...
09:26, 07/02/2019

Inside the Stealth Campaign for ‘Responsible Rent Reform’ Landlords and developers, fending off a new Democratic majority and proposed rent laws, have adopted some of the tactics of their progressive critics....
10:00, 06/10/2019

LIRR worker who hung out at home on the clock, to retire without punishment, collect full pension: report A Long Island Rail Road worker who raked in more than $280,000 in pay last year — more than half from overtime — was busted hanging out at home while on the clock, according to a report obtained by The Post....
12:26, 07/10/2019

A Body Positive Outlook, but His Jeggings Had to Go Katie Sturino, who writes “The 12ish” blog, was surprised by John Forkin’s style from the start, including just how comfortable he was being himself....
15:52, 06/22/2019

GM says Warriors' outlook on Klay, KD unaffected General manager Bob Myers says the Warriors are going to do everything in their power to re-sign Klay Thompson and Kevin Durant, despite their injuries....
02:26, 06/15/2019

Microsoft Outlook is getting a much-needed facelift At last year's Ignite conference Microsoft announced an opt-in experience that would allow users to try out the new Outlook on the web and now after eight months of testing, the updated version is beginning to roll out.With its new release, the ...
22:39, 07/05/2019

Outlook for Second-Quarter Growth Firms American shoppers increased their spending in June and factories picked up production, adding to evidence the U.S. economy is wrapping up a solid second quarter despite challenges from abroad....
21:52, 07/16/2019

Tips to improve posture People can improve their posture by practicing certain exercises and making some lifestyle changes, such as maintaining a healthful weight. Learn more about how to improve posture here....
03:52, 06/04/2019

Five ways to improve your 5km run time Whether you want to beat you PB at Parkrun or merely speed up a little on your morning jog, here’s how to do itCharlotte Arter, the British 10,000-metre champion and Saucony ambassador, clocked the fastest female Parkrun time in the world in Cardiff ...
16:00, 06/23/2019

How Microsoft is using AI to improve accessibility Microsoft sees AI as the key that'll unlock new and innovative accessibility technologies. Here's how it's applying it both within and outside of its teams.Read More...
22:26, 05/06/2019

Want to improve your life? Just learn to say no We are used to saying yes to please others but it can be harmful not to be more assertive. And imagine what you can do with all that free timeWhen you ask someone how they are, 95% of the time they will answer with some version of “busy”, “good, but ...
16:39, 06/02/2019

Learn to say ‘no’ and ‘yes’ for better sex… and to improve your whole life Conveying our deepest desires, likes and dislikes, to our most intimate partner is essential. Here’s how…“Yes,” I say, surprisingly firmly, to the man I have never met before, whose name I do not even know, who is massaging my back and shoulders. “Ye...
16:26, 05/04/2019

10 ways to improve gut health The gut is home to billions of microorganisms. Many of these are beneficial to overall health. In this article, learn how to promote the growth of beneficial bacteria and balance the gut microbiome....
22:00, 05/28/2019

How 5G could improve augmented reality We all know by now that 5G is going to be a big deal. The next generation mobile network will provide ubiquitous gigabit connection speeds, extremely low latency and unrestricted capacity.In fact, it’s rather difficult to imagine a modern indu...
15:39, 06/01/2019

Use MSG to Improve Airplane Food Mentally, flying is not an issue for me. It’s the physical aspects of being hurled through the air at many miles per hour that I find upsetting. Even if you don’t experience sinus pressure or motion sickness, sitting in a loud plane can alter the way...
22:39, 07/16/2019

What’s a Bad Bank and How Can It Help Deutsche Bank? When a lender is in trouble and decides to switch strategy, the solution can be what’s commonly referred to as a “bad bank.” It’s a plan that Deutsche Bank AG is said to be studying to help it return to profit by reducing its focus on investment bank...
14:01, 07/06/2019

Trump's Latest Tariffs Likely to Have Only Modest Impact on Inflation The latest tariff increases on Chinese imports will likely deliver a modest and temporary boost to U.S. inflation,reflecting the relatively small portion of American spending that goes to goods rather than services....
22:52, 05/16/2019

Slowing inflation may lead Fed to cut interest rates: Kudlow Slowing inflation may lead the Federal Reserve to cut interest rates, White House economic adviser Larry Kudlow said in a television interview on Monday....
21:26, 04/29/2019

Inflation remains weak in eurozone as ECB mulls stimulus FRANKFURT, Germany (AP) — Annual inflation in the 19 countries that use the euro remained stuck at 1.2% in June, well below their central bank’s goal despite years of stimulus policies. The official figure released Friday by the EU statistics a...
13:13, 06/28/2019

U.S. producer prices up slightly, point to moderate inflation U.S. producer prices rose slightly in June as the cost of energy and other goods dropped for a second straight month, resulting in the smallest annual increase in producer inflation in nearly 2-1/2 years....
16:26, 07/12/2019

U.S. Producer Prices Up Slightly in May, Showing Little Inflation Pressure The producer-price index, a measure of the prices businesses receive for their goods and services, advanced a seasonally adjusted 0.1% in May from a month earlier, the Labor Department said....
19:39, 06/11/2019

Fed Officials Reveal More Doubts About Inflation Dynamics, but See Few Solutions Federal Reserve officials thought inflation would be running solidly at their 2% target this year. It isn’t. And they are puzzled over why and what they should do about it...
02:13, 05/17/2019

Fed officials face weak inflation, but split over what it means U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was "close" to its inflation target and three others warning the weak price increases posed major risks the F...
12:39, 06/22/2019

Crest Nicholson profits down as build inflation bites Crest Nicholson has reported an 11% drop in pre-tax profits to £64.4m for the six months to April 30 as the housebuilder came faced stagnant prices and rising build costs....
14:13, 06/11/2019

Consumer Inflation Likely Rose In June, But Below RBI Target: Poll Another reading below the inflation target will likely support the RBI's decision last month to cut interest rates to boost economic growth that slowed to more than a four-year low in the......
13:00, 07/09/2019

Government Economists Turn to Big Data in Estimating Inflation The government is trying to incorporate insights from the massive amounts of information that firms collect, as part of doing business, into official economic indicators....
16:52, 04/30/2019

U.S. core inflation in June saw largest rise in 18 months Core inflation in the United States -- the change in the costs of most goods and services -- rose during the month of June by the largest amount in one and a half years, government figures showed Thursday....
22:26, 07/11/2019

U.S. inflation picks up; slowing economy likely to curb rise U.S. consumer prices increased by the most in 15 months in April, which could support the Federal Reserve's contention that recent low inflation readings were transitory and allow the central bank to keep interest rates unchanged for a while....
16:52, 05/31/2019

U.S. underlying inflation stirring; labor market tightening U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that did not change expectations the Federal Reserve would cut interest rates this month....
00:13, 07/12/2019

Why former fed chair Alan Greenspan is wrong about inflation estimates Alan Greenspan, who used to be an important person, says the government’s inflation figures are wrong. Esther George, who is still important — as the head of the Kansas City Federal Reserve, — also says the inflation numbers are wrong. But George thi...
11:00, 05/16/2019

Shares snap seven-day hot streak; U.S. inflation feeds Fed bets World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while a barely visible rise in U.S. inflation kept up talk of an early cut in interest rates there....
16:39, 06/12/2019

Fed's Bostic Untroubled by Inflation, Demurs on Rate-Cut Prospects Atlanta Fed leader Raphael Bostic declined to say what he wants to see the U.S. central bank do with its short-term rate target at the end of the month but indicated he isn’t currently worried about inflation levels....
01:39, 07/12/2019

The Market's Inflation Expectations Aren't Making Sense Inflation expectations implied by the price of financial assets are a key guide for central bankers and investors alike. Seeing how they have behaved of late, their credibility should be questioned....
17:00, 06/14/2019

Record Low Inflation Expectations Bolster U.S. Government Bonds Treasury prices are rising again Friday, with the 10-year yield briefly falling below 2.08% amid an inflation sentiment reading that touched a record low....
18:26, 06/14/2019

Fed officials see past misses as trouble for any new inflation approach The Federal Reserve is discussing whether a better way to get the U.S. economy to hit the central bank's inflation target is to tolerate much higher price increases in some years to counter the weaker ones....
22:13, 05/21/2019

Fed's Williams Says It's 'Good' Economy Can Have Strong Job Market Without Inflation New York Fed leader John Williams said Monday the central bank’s views on how low the unemployment rate can go without sparking inflation have evolved....
00:26, 05/21/2019

U.S. underlying inflation firming; labor market tightening U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in the costs of a range of goods and services, but that will likely not change expectations the Federal Reserve will cut interest rates this month....
18:13, 07/11/2019

Stronger Inflation Data Lift Treasury Yields U.S. government bonds pulled back after new data showed consumer prices rose more than expected in June. The 10-year note’s yield rose to its highest in four weeks....
11:39, 07/12/2019

Fed officials see risks in weaker inflation expectations, trade row A drop in the consumer outlook for inflation and intensifying trade tensions drew caution from Federal Reserve officials on Monday as policymakers faced fresh market volatility and a renewed set of risks....
22:13, 05/13/2019

U.S. Government Bonds Rise On Weak Inflation Data U.S. government bond prices rose after a Commerce Department report showed that a key measure of inflation fell in the first quarter, even as the economy grew faster than expected....
22:52, 04/28/2019

Dollar Edges Lower Following Soft Inflation Data The dollar slipped Friday after a measure of first-quarter inflation came in below expectations despite surprisingly strong economic growth in the first three months of the year....
22:52, 04/28/2019

Bail-reform poster boy Pedro Hernandez wanted by cops yet again Bail-reform poster boy Pedro Hernandez is a wanted man once again, this time for allegedly smashing the window of a car he and a pal traded paint with in The Bronx, according to cops and police sources. Hernandez and an unidentified pal were cruising...
03:39, 07/11/2019

Alaska and Amazon vie to hire 2,200 to be freed under Trump prison reform President Trump's criminal justice reform law will release some 2,200 federal inmates next week, and reform supporters are finding broad interest among employers, including Alaska's seafood industry and retail giant Amazon....
06:39, 07/12/2019

Bail reform would turn NYC into ‘The Purge’: police union boss New York City will descend into lawless free-for-all for criminals — similar to the movie “The Purge” — when the new bail reform goes into effect, a police union official said. “New York state is becoming a revolving door for criminals,” ...
23:52, 06/02/2019

Several clubs declare opposition to proposed Champions League reform "Several European clubs from Switzerland, Germany, Italy, France and Portugal have publicly declared their opposition to a proposed creation of a nearly closed Champions League, saying that other clubs are also concerned."...
20:39, 06/07/2019

Rebel Bramson defeated in bid for board seat to reform Barclays Activist investor Edward Bramson lost his battle for a seat on the board at Barclays after shareholders voted against his bid to overhaul the under-fire investment bank from within....
17:26, 05/02/2019

2,200 inmates to be freed from U.S. jails in accordance with drug offender reform act The measure, known as the First Step Act, gives judges more discretion when sentencing some drug offenders, eases mandatory minimum sentences and encourages inmates to participate in programs designed to reduce the risk of recidivism, with credits th...
00:52, 07/14/2019

U.S. government report on housing finance reform is 'essentially done' -regulator The Trump administration's report on overhauling the country's housing market is "essentially done" and could be released in late August or September, the head of the U.S. housing finance regulator told Reuters in an interview Wednesday....
00:00, 07/18/2019

Boris Johnson filmed telling Tory members NHS 'needs reform' Frontrunner to be PM gives rabble-rousing speech at private garden partyToday’s political developments - live updatesBoris Johnson has been filmed at a private garden party telling Conservative members that the NHS absolutely needs to be reformed, as...
20:00, 06/25/2019

Economic Survey To Chart Out Reform Road Map Of PM Modi Government The survey prepared by Chief Economic Adviser Krishnamurthy Subramanian is likely to flag headwinds that the economy might face in its pursuit to become the world's fifth largest economy....
11:13, 07/04/2019

Germany's grand coalition to present bill on property tax reform German lawmakers in the ruling coalition have settled a dispute over property tax reform. A bill is expected to be presented to parliament before the summer break....
18:00, 06/17/2019

Ukraine parliament takes aim at president's election reform plan Parliament dealt an early blow to President Volodymyr Zelenskiy on Wednesday by rejecting proposed changes to Ukraine's voting system before a snap national election, which the speaker said lawmakers would seek to annul....
19:52, 05/22/2019

Kim Kardashian West locks arms with prison reform warriors Brittany K. Barnett and MiAngel Cody are warrior attorneys with a mission as they lock arms with Kim Kardashian West to free nonviolent drug offenders serving federal life terms...
21:13, 05/23/2019

Russian official: G20 disagreements focus at WTO reform, climate change Work on the final G20 documents is not going easy, the group's Russia sherpa Svetlana Lukash said on Friday, naming World Trade Organisation reform, information security, climate change and migration as among issues members were struggling to agree....
10:52, 06/28/2019

Economic Survey To Chart Out Reform Road Map Of Modi 2.0 Government Ahead of the Modi government's maiden Budget in the second term, an economic survey projecting the state of health of the country's economy and outlining the challenges will be tabled in Parliament on......
22:00, 07/03/2019

Bill to overturn education reform fails in Mexico's Senate A measure to roll back part of a contentious education reform in Mexico is on hold after the country's Senate rejected legislation previously passed in the lower house....
01:39, 05/02/2019

Amsterdam sex workers lukewarm about plans to reform Red Light District Mayor Femke Halsema is seeking to place new restrictions on the neighborhood to combat the excesses of mass tourism. The women of De Wallen, however, are concerned about their livelihood and their safety....
03:26, 07/05/2019

Hunt and Johnson rule out abortion reform in Northern Ireland Tory leadership rivals accused of neglecting women’s rights in order to keep DUP supportPro-choice campaigners in Northern Ireland have accused Boris Johnson and Jeremy Hunt of pandering to religious fundamentalists in the Democratic Unionist party b...
02:52, 07/03/2019

State GOP blast Dems over backing controversial bail reform law ALBANY — Democratic lawmakers are having buyers remorse after voting for a law that allows many criminal defendants to be released without bail pending trial, Republicans charge. On Monday, a contingency headed by Long Island state Senators Jim Gaugh...
07:39, 06/11/2019

India’s Economy Needs Tougher Reform. How Will Modi Use His Election Mandate? Prime Minister Narendra Modi delivered a historic second five-year term — with a single-party majority — for the Bharatiya Janata Party this week. He campaigned in 2014 promising economic growth and job creation, and prioritized business-...
00:00, 05/26/2019

Official over Puerto Rico police reform resigns in protest Federal official overseeing a court-ordered reform of Puerto Rico’s police department accused of corruption, illegal killings and civil rights violations resigns, says he has lost trust in the process...
20:00, 05/14/2019

U.S. EPA asked to consider small business impact of E15, credit reform proposal The U.S. EPA needs to look more closely at how small businesses would be affected by its proposed rule to lift the summer ban on higher ethanol blends of gasoline and make changes to the biofuel credit market, the Small Business Administration's Offi...
10:52, 04/30/2019

Texas House OKs school finance bill, property tax reform AUSTIN, Texas (AP) — The Texas House has overwhelmingly approved a sweeping, bipartisan school finance bill that brings an extra $4.5 billion into Texas classrooms in an attempt to overhaul the state’s troubled school finance system. The plan a...
09:00, 05/26/2019

Renault may block Nissan reform over boardroom dispute: source Renault has signaled it will block reforms launched by alliance partner Nissan in the wake of the Carlos Ghosn scandal unless it is granted representation on new board committees, a source close to the French carmaker said....
22:00, 06/09/2019

Exclusive: EPA to unveil less ambitious U.S. biofuel credit reform - sources The U.S. Environmental Protection Agency plans to unveil a narrowed-down version of its proposed biofuel credit market reform this month after regulators concluded many of the agency’s initial ideas required more time to study, according to four peop...
22:39, 05/23/2019

Symantec Plunges After CEO Exit, Tepid Outlook Symantec Corp. Chief Executive Greg Clark abruptly resigned, sending shares of the antivirus software provider tumbling 13% in after-market trading. Sales guidance for the fiscal year also came in below analysts’ forecasts....
16:13, 05/10/2019

Outlook not so good: why we really don't need a Magic 8 ball movie Mega-producer Jason Blum, whose credits include Get Out and Whiplash, is making a film based on a mysterious toy, an idea that isn’t worth playing withJason Blum is on a hell of a roll right now. More or less everything he touches turns to gold. In P...
09:39, 06/05/2019

Why the Dow can keep rally going, even with weakest earnings outlook since 2006 Stocks surged in the first half of 2019, and the Dow ended June with its best monthly gain since 1938. The earnings outlook for the July quarter is weak, but market history suggests that the rally in the S&P 500 and Dow can continue....
05:00, 07/04/2019

Airbus keeps outlook as Q1 core earnings rise European planemaker Airbus maintained its outlook for a rise in its annual, underlying results as it posted an increase in first quarter turnover and core earnings....
09:13, 04/30/2019

Nissan's credit rating hit by negative outlook S&P Global Ratings placed the automaker’s rating on negative watch after it issued a weaker earnings outlook and said there is a more than one-in-three chance of a further delay in Nissan’s profit recovery....
16:13, 05/20/2019

Daimler cuts outlook over Dieselgate costs The German automaker says its 2019 operating profit will be the same as last year, due to a huge vehicle recall bill. Authorities have ordered the recall of 770,000 diesel cars installed with emitting-cheating software....
01:13, 06/24/2019

NYC business outlook tumbles to decade-low in June: ISM-NY The six-month business outlook among New York City's purchasing managers dropped to the lowest level in a decade in June, signaling a further deterioration in future business activity in the area, a report released on Tuesday showed....
17:00, 07/02/2019

2019 Atlantic Hurricane Season Outlook Leading up to the official start of hurricane season next week NOAA released the 2019 Atlantic Hurricane Season Outlook today. Meteorologists predict this will be a near-normal hurricane season across the Atlantic Basin. The outlook expects nine to ...
03:00, 05/24/2019

Using a meditation app each day may improve your memory and attention Short bursts of app-guided meditation several times a day has been found to improve performance on memory and attention tasks in a study involving 40 adults...
17:13, 06/03/2019

6 ways to improve your email campaigns Want to communicate about a new product to your customer or, want them to opt for your services? An email is not just an excellent way to communicate with your customers, but also a medium of conversion for most companies. If designed well, the email...
13:00, 05/07/2019

Improve Your Oatmeal by Treating It Like Risotto I am a staunch savory breakfast eater. Though I love sugar, starting my day with it leads to all sorts of issues, and I just never crave sweets upon waking. For this reason, I’ve always avoided oatmeal, a bland gruel that’s usually doctored with butt...
22:39, 07/11/2019

Microsoft Word uses AI to improve your writing Microsoft is about to challenge Grammarly (not to mention Google) on its home turf. The company is developing an Ideas feature for Word's online version that uses AI to suggest grammar changes, among other assists. In addition to catching basi...
07:13, 05/07/2019

Bucks, Raptors both looking to improve in Game 2 The Raptors led most of the way Wednesday in the opener of the best-of-seven series, but the better-rested Bucks won 108-100 by outscoring Toronto 32-17 in the fourth quarter -- 10-0 in the final 3:31....
22:39, 05/16/2019

The Best Ways to Improve Your Communication Skills We learn to talk at an early age, but most of us don’t have formal training on how to effectively communicate with others. That’s unfortunate, because it’s one of the most important life skills there is, and one you use your entire life. Whether you ...
18:13, 07/10/2019

How to easily improve your app performance with an ASO audit If your app store listing page is not optimized, it’s unlikely that you will get any organic downloads. In fact many won’t be able to even find your app.Read More...
14:00, 06/11/2019

How bacteria could improve soft robots E. coli is bad when it contaminates your food, but it can actually be good for robots. Scientists say synthetic bacteria could eventually repair a robot, generate energy, or detect chemicals in the environment....
22:52, 06/27/2019

Improve Your Favorite Gadgets With This $10 Sugru Kit Sugru is right up there with binder clips and the Raspberry Pi in Lifehacker’s pantheon of must-have gear, and you can pick up their Rebel Tech Kit for an all-time low $10 today. That includes four packs in four different colors, a remover tool, and ...
23:26, 05/08/2019

Group 1 F&I upgrades improve profits The retailing giant has revamped its finance and insurance operations with new technology and training to help sustain consistently high performance....
07:00, 07/08/2019

U.S. Inflation Expectations Decline to Lowest Level Since Late 2017, N.Y. Fed Says Inflation expectations are continuing to fall, in what is likely to be a worrisome development for the Federal Reserve as it contemplates whether to lower its short-term rate target....
14:26, 06/11/2019

WRAPUP 2-U.S. inflation perks ups; slowing economy may limit gains U.S. consumer prices increased by the most in 15 months in April, but a cooling in spending pointed to a slowdown in economic growth that could keep inflation pressures moderate....
19:13, 05/31/2019