SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the country’s first major lender to change business practices in response to a powerful inquiry that has unmasked widespread misconduct in the sector.
Nokia last week said that it was selling off its digital health business, …read more […]
PARIS (Reuters) – Air France KLM shares slumped on Monday after the company’s chief executive said he would resign following the rejection of a pay deal by the airline’s staff.
LONDON/ZURICH (Reuters) – Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain’s products around the world in a global alliance aimed at reinvigorating their coffee empires.
LONDON (Reuters) – A resurgent dollar and higher borrowing costs are smashing through Argentina and Turkey’s currencies like a wrecking ball and raising the likelihood more broadly that emerging markets’ three-year long interest rate cutting cycle is at an end.
SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply.
SYDNEY (Reuters) – Most Asia markets firmed on Monday after a tame reading on U.S. wages lessened the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for an Iranian nuclear deal lurked in the background.
NORTH BETHESDA, Md. (AP) — Chelsea Manning is no longer living as a transgender woman in a male military prison, serving the lengthiest sentence ever for revealing U.S. government secrets. She’s free to grow out her hair, travel the world, and spend time with whomever she likes. …read more […]
House Democratic leader Nancy Pelosi said Sunday that House Democrats have the fundraising, the issues and the political atmosphere on their side to win back the majority in November. A stream of Republican House retirements, including House Speaker Paul Ryan, and the GOP-passed tax cut’s shaky popularity, underscored by President Trump’s low approval, are fueling increased Democratic hopes of retaking the House for the first time since 2010. …read more […]
ZURICH (Reuters) – Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the U.S. coffee company’s products around the world outside Starbucks’ coffee shops.
WASHINGTON (AP) — Britain’s ambassador to the U.S. said Sunday his country believes it’s still possible to address President Donald Trump’s concerns about the Iran nuclear deal in time to prevent him from pulling out of the agreement. …read more […]
SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 while Brent crude prices climbed to fresh highs, as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supplies.
Officials say 31 homes have now been destroyed in Hawaii by lava flowing from Kilauea volcano. The update came as a window for residents of Leilani Estates to briefly return to their homes to gather essential items was about to end. Officials said molten rock, toxic gas and steam have been bursting through openings in the ground created by the volcano. …read more […]
SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd said it would stop paying financial planners bonuses for selling its products, the first of the country’s top lenders to change business practices amid a powerful inquiry into misconduct in the sector.
SYDNEY (Reuters) – Asian shares crept higher on Monday after a tame reading on U.S. wages lowered the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for the Iranian nuclear deal argued for caution.
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