FINANCIAL NEWS

Erdogan accused of electioneering over jobs pledge

FINANCIAL TIMES - Thu, 01/18/2018 - 06:00
Move to bring subcontracted workers on to government payroll criticised by opposition
Categories: FINANCIAL NEWS

Germany coalition set to turn on the spending taps

FINANCIAL TIMES - Thu, 01/18/2018 - 05:00
Proposals from Merkel’s CDU and SPD would use up surplus accumulated over years
Categories: FINANCIAL NEWS

Nestlé hopes pink KitKat will be big in Japan

FINANCIAL TIMES - Thu, 01/18/2018 - 04:00
Swiss group first to use ruby chocolate in effort to woo millennials and lift growth
Categories: FINANCIAL NEWS

First Chinese takeover of US group under Trump cleared

FINANCIAL TIMES - Thu, 01/18/2018 - 03:29
Regulatory green light for Beijing-controlled semiconductor group’s Akrion purchase
Categories: FINANCIAL NEWS

Politics weighs heavily on foreign businesses in China

AP Business - Thu, 01/18/2018 - 02:22
BEIJING (AP) -- Politics weighs more heavily on foreign companies in China than it has in nearly three decades....
Categories: FINANCIAL NEWS

Tillerson signals US diplomatic push for Syria solution

FINANCIAL TIMES - Thu, 01/18/2018 - 01:36
Secretary of state calls on Russia to use ‘unique leverage’ over Assad
Categories: FINANCIAL NEWS

Macron and May strive to mask Brexit fallout

FINANCIAL TIMES - Thu, 01/18/2018 - 01:04
Defence, economic and cultural collaboration to be announced as they meet near London
Categories: FINANCIAL NEWS

DOE staffer claims retaliation over photos of secret meeting

AP Business - Thu, 01/18/2018 - 00:51
WASHINGTON (AP) -- A former photographer at the Department of Energy says he lost his job in retaliation for making public photos of a meeting between Secretary Rick Perry and Robert "Bob" Murray during which the coal baron provided a wish list of policy initiatives that would directly benefit his company....
Categories: FINANCIAL NEWS

Judge rules for McClatchy officials accused of mismanagement

AP Business - Thu, 01/18/2018 - 00:51
SAN FRANCISCO (AP) -- A California judge sided with the former chief executive of the McClatchy newspaper chain and other company officials in a lawsuit alleging they mismanaged funds by buying a rival newspaper publisher and failing to diversify investments....
Categories: FINANCIAL NEWS

Hancock reports higher profit despite energy exposure, tax reform hit

AMERICAN BANKER - Thu, 01/18/2018 - 00:51
The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio.
Categories: FINANCIAL NEWS

FHFA breaks silence on housing finance reform

AMERICAN BANKER - Thu, 01/18/2018 - 00:04
FHFA Director Mel Watt said Fannie Mae and Freddie Mac should be reincorporated as private entities and the government must provide an explicit guarantee for catastrophic losses in the secondary mortgage market.
Categories: FINANCIAL NEWS

Not so fast: CFPB effort to reopen payday rule faces hurdles

AMERICAN BANKER - Wed, 01/17/2018 - 23:33
The Consumer Financial Protection Bureau faces significant obstacles in reopening the payday lending rule including likely legal challenges and a lengthy compliance process with the Administrative Procedure Act.
Categories: FINANCIAL NEWS

GOP Senator to Block Two Trump Nominees Over Trade Concerns

WALL STREET JOURNAL - US. BUSINESS NEWS - Wed, 01/17/2018 - 23:17
A GOP senator with concerns about President Trump’s trade policy said Wednesday he would block two of the president’s nominees, saying the Trump administration hasn’t been responsive to his concerns on the issue.
Categories: FINANCIAL NEWS

Rupert Murdoch suffered back injury during sailing accident

AP Business - Wed, 01/17/2018 - 23:17
NEW YORK (AP) -- Media mogul Rupert Murdoch hurt his back in a recent sailing accident, according to a note provided to The Associated Press....
Categories: FINANCIAL NEWS

Reg relief may have to get in line behind other issues: Trump official

AMERICAN BANKER - Wed, 01/17/2018 - 23:17
Mark Calabria, chief economist to Vice President Mike Pence, said passage of the regulatory relief bill could be delayed as policymakers deal with other items such as budget deadlines and an infrastructure bill.
Categories: FINANCIAL NEWS

Wells Fargo's longtime chief risk officer announces retirement

AMERICAN BANKER - Wed, 01/17/2018 - 23:02
The San Francisco bank said that Michael Loughlin's departure is unrelated to the sales scandal that has dogged the company for the last 16 months.
Categories: FINANCIAL NEWS

Economy expanding, 2018 outlook positive, Fed says

AMERICAN BANKER - Wed, 01/17/2018 - 23:02
The Federal Reserve’s beige book economic survey indicates economy expanding as household loan demand declines
Categories: FINANCIAL NEWS

China-Russia rocket talks spark US disquiet

FINANCIAL TIMES - Wed, 01/17/2018 - 23:00
Energomash-Great Wall negotiations confirm predicted ‘challenge to US air superiority’
Categories: FINANCIAL NEWS

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