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Finance news Stories

Equities hit record highs, dollar weakens on gloomy data

By Rodrigo Campos and Herbert Lash NEW YORK (Reuters) – Equity markets worldwide climbed to record highs on Friday as solid corporate earnings and an all-time peak for the Nasdaq stock index stoked investor optimism, while the dollar eased on … Continue reading

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Collapse of Comcast cable deal may chasten Wall Street, for a while

By Diane Bartz WASHINGTON (Reuters) – Comcast Corp’s failed bid to buy Time Warner Cable Inc is the latest muscle flex by U.S. antitrust enforcers and will likely deter chief executives from pursuing aggressive transactions as a way to spend … Continue reading

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U.S. regulator says ‘flash crash’ manipulation hard to detect

By Suzanne Barlyn CHICAGO (Reuters) – The type of alleged market manipulation by the British trader accused of helping provoke the “flash crash” in 2010 is hard to detect, the chief of the Financial Industry Regulatory Authority said on Friday. … Continue reading

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Factbox

FRANKFURT (Reuters) – Deutsche Bank faces a tough task as it aims to pare its investment banking, dump its Postbank retail chain and slash costs in a restructuring plan designed to restore profitability. It will reveal details of the plan … Continue reading

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UBS chairman says Greek default increasingly seen by IMF as controllable

ZURICH (Reuters) – UBS’s (UBSG.VX) chairman said a default by Greece is seen by the International Monetary Fund as “systemically controllable” and he believed it would have a negligible impact on the Swiss bank itself, according to a newspaper interview … Continue reading

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Isolated in debt talks, Greek finance rebel gets the cold shoulder

By Robin Emmott and Ingrid Melander RIGA (Reuters) – As the buses carrying European finance ministers left for a gala dinner in the Latvian capital on Friday night, one of the party hung back at the hotel and then wandered … Continue reading

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Volkswagen Chairman Piech resigns amid leadership crisis

FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) supervisory board Chairman Ferdinand Piech unexpectedly resigned on Saturday after losing a showdown he provoked with Chief Executive Martin Winterkorn. Piech, a dominant figure at VW for more than two decades and the grandson of … Continue reading

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Flash crash charges garner increasing scepticism in high-speed world

By Douwe Miedema WASHINGTON (Reuters) – The notion that one man trading from his parents’ house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing scepticism from investors and … Continue reading

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Insight – Flash crash charges garner increasing scepticism in high

By Douwe Miedema WASHINGTON (Reuters) – The notion that one man trading from his parents’ house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing scepticism from investors and … Continue reading

Filed under Stock Market News | Tagged , , , , , |

Insight – Flash crash charges garner increasing skepticism in high

By Douwe Miedema WASHINGTON (Reuters) – The notion that one man trading from his parents’ house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing skepticism from investors and … Continue reading

Filed under Stock Market News | Tagged , , , , , |

 

Finance News

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