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  • A photo illustration shows a Yahoo logo on smartphone in front of a displayed cyber code and keyboard
    SEC probing Yahoo over previously disclosed cyber breach: filing Reuters

    The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating …

    A photo illustration shows a Yahoo logo on smartphone in front of a displayed cyber code and keyboard

    The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating with federal, state and foreign” agencies, including the SEC, that were seeking information and documents about …

  • Dollar drops as investors await details of Trump's policies Reuters

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President …

    A man walks past a currency exchange bureau advertisement showing an image of the U.S. dollar in Cairo

    The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a month as investors locked in gains on the greenback's recent rise as they waited for U.S. President Donald Trump to offer details of his promised stimulus. "It seems to be driven by uncertainty right now, and Trump's inauguration …

  • Japan Inc believes Abe, Trump don't want to see excessive yen weakness: Reuters poll Reuters

    By Tetsushi Kajimoto TOKYO (Reuters) - Japanese companies believe that neither U.S. President Donald Trump nor Japan Prime Minister Shinzo Abe want to see the yen weaken significantly, a Reuters poll …

    FILE PHOTO-Employee of a foreign exchange trading company wears a jacket near monitors showing U.S. President-elect Donald Trump speaking on TV news, and the Japanese yen's exchange rate against the U.S. dollar (top R) in Tokyo

    By Tetsushi Kajimoto TOKYO (Reuters) - Japanese companies believe that neither U.S. President Donald Trump nor Japan Prime Minister Shinzo Abe want to see the yen weaken significantly, a Reuters poll showed, a development they worry could spark an unwelcome political backlash. The Reuters Corporate Survey, conducted Jan. …

  • Russia's Novak says sees oil price at $50-$60 in 2017: TASS Reuters

    MOSCOW (Reuters) - Russian Energy Minister Alexander Novak sees global oil prices at between $50 and $60 per barrel in 2017, TASS news agency quoted him as saying on Sunday. According to Interfax news …

    Russia's Energy Minister Novak addresses a news conference after an OPEC meeting in Vienna

    MOSCOW (Reuters) - Russian Energy Minister Alexander Novak sees global oil prices at between $50 and $60 per barrel in 2017, TASS news agency quoted him as saying on Sunday. According to Interfax news agency, Novak also said that countries involved in a deal between OPEC and non-OPEC oil producers could reduce their output …

  • Saudi's Falih says output cuts set to lower oil inventories Reuters

    VIENNA (Reuters) - Saudi Arabian Energy Minister Khalid al-Falih said on Sunday that OPEC and non-OPEC oil producers were complying with their pledge to lower oil output and that global oil inventories …

    al-Falih Saudi energy minister attends the WEF annual meeting in Davos

    VIENNA (Reuters) - Saudi Arabian Energy Minister Khalid al-Falih said on Sunday that OPEC and non-OPEC oil producers were complying with their pledge to lower oil output and that global oil inventories could be taken back to their five-year average by mid-year with full compliance. "There is no reason for us to suddenly …

  • Chief of Taiwan's Foxconn says rise of protectionism unavoidable Reuters

    The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable. Terry Gou, chairman of …

    The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in New Taipei City, Taiwan

    The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable. Terry Gou, chairman of Foxconn, formally known as Hon Hai Precision Industry Co, warned that uncertainties for this year make it tough to have …

  • Morgan Stanley, Citi plan Brexit job moves: sources Reuters

    By Pamela Barbaglia and Arno Schuetze LONDON/FRANKFURT (Reuters) - U.S. banks Morgan Stanley and Citigroup have identified many of the roles that will need to be moved from Britain following its exit …

    FILE PHOTO -  Corporate logo of financial firm Morgan Stanley in New York, New York

    By Pamela Barbaglia and Arno Schuetze LONDON/FRANKFURT (Reuters) - U.S. banks Morgan Stanley and Citigroup have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters. Morgan Stanley, which bases the bulk of its …

  • Nasdaq backs trading illiquid stocks only on listing exchange Reuters

    By John McCrank NEW YORK (Reuters) - Nasdaq Inc will ask U.S. regulators under the Trump administration to limit the trading of shares of small companies and illiquid exchange-traded funds to the exchanges …

    The Nasdaq logo is displayed at the Nasdaq Market site in New York

    By John McCrank NEW YORK (Reuters) - Nasdaq Inc will ask U.S. regulators under the Trump administration to limit the trading of shares of small companies and illiquid exchange-traded funds to the exchanges on which they are listed, the market operator said in a note to clients. Such a move would make it cheaper for investors …

  • ECB probed by watchdog over ties with bankers in G30 group Reuters

    By Francesco Canepa FRANKFURT (Reuters) - The European Union's ethics watchdog has opened an inquiry into the participation of European Central Bank President Mario Draghi and senior ECB officials in …

    FILE PHOTO: European Central Bank President Mario Draghi addresses the European Parliament's Economic and Monetary Affairs Committee in Brussels

    By Francesco Canepa FRANKFURT (Reuters) - The European Union's ethics watchdog has opened an inquiry into the participation of European Central Bank President Mario Draghi and senior ECB officials in the work of an exclusive group that includes bankers and fund managers. The European Ombudsman's probe relates to ties …

  • Nissan to review UK investment stance once Brexit terms clear Reuters

    Nissan <7201.T> will review the case for future investment in Britain when the terms of the country's departure from the European Union finally become clear, the Japanese carmaker's Chief Executive Carlos …

    Ghosn CEO of Renault-Nissan Alliance attends the WEF annual meeting in Davos

    Nissan <7201.T> will review the case for future investment in Britain when the terms of the country's departure from the European Union finally become clear, the Japanese carmaker's Chief Executive Carlos Ghosn said on Friday. Nissan said in October it was going ahead with plans to build the next X-Trail and Qashqai SUVs …

  • U.S. bankers tell Europeans to think positively on Trump Reuters

    By Carmel Crimmins and Pamela Barbaglia DAVOS, Switzerland (Reuters) - U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration …

    U.S. President-elect Donald Trump listens to questions from reporters while appearing with Alibaba Executive Chairman Jack Ma after their meeting at Trump Tower in New York, U.S.

    By Carmel Crimmins and Pamela Barbaglia DAVOS, Switzerland (Reuters) - U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump. At the annual gathering of the world's political and business elites in …

  • Volvo Cars CEO says IPO is an option: manager magazin Reuters

    Hakan Samuelsson, Chief Executive of Volvo Cars, said a stock market listing is an option for the Swedish carmaker, Germany's Manager Magazin said on Friday. "A stock market listing is an option," Samuelsson …

    Samuelsson of  Volvo introduces the XC90T8 Inscription autonomous car during  the North American International Auto Show in Detroit,

    Hakan Samuelsson, Chief Executive of Volvo Cars, said a stock market listing is an option for the Swedish carmaker, Germany's Manager Magazin said on Friday. "A stock market listing is an option," Samuelsson told the magazine, adding that there are no current plans for such a move and that it would be up to parent company …

  • Trading house says Samsung seeks $429 million in LCD panel supply dispute Reuters

    A Japanese electronics trading house said Samsung Electronics Co has filed a request for arbitration with the International Chamber of Commerce (ICC) over an LCD panel maker's decision to stop supplies …

    A file photo shows employees walking in the main office building of Samsung Electronics in Seoul

    A Japanese electronics trading house said Samsung Electronics Co has filed a request for arbitration with the International Chamber of Commerce (ICC) over an LCD panel maker's decision to stop supplies to the South Korean company. In a statement, Kuroda Electric Co said Samsung filed the request for ICC arbitration in …

  • George Soros says Trump will fail and market's dream will end Reuters

    The billionaire investor George Soros said on Thursday that global markets will falter given the uncertainty of incoming U.S. President Donald Trump's policies. "Right now uncertainty is at the peak," …

    FILE PHOTO --  Business magnate George Soros arrives to speak at the Open Russia Club in London

    The billionaire investor George Soros said on Thursday that global markets will falter given the uncertainty of incoming U.S. President Donald Trump's policies. "Right now uncertainty is at the peak," Soros told Bloomberg News at his annual media dinner held at the World Economic Forum in Davos, Switzerland. "I don't …

  • Tech firm creates Trump monitor for stock markets Reuters

    Just in time for his inauguration, London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on comments made on social media by Donald Trump. Trump …

    U.S. President-elect Donald Trump is broadcast on a screen on the floor at the NYSE in Manhattan, New York City

    Just in time for his inauguration, London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on comments made on social media by Donald Trump. Trump knocked several billion off the value of pharmaceutical stocks a week ago by saying they were "getting away with murder" …

  • Indian central bank working on plan to reduce online charges: sources Reuters

    The Reserve Bank of India is working on a plan to reduce online transaction costs as it tries to encourage more digital banking, two parliamentary panel members quoted central bank governor Urjit Patel …

    The Reserve Bank of India (RBI) Governor Urjit Patel smiles while attending a seminar during the Vibrant Gujarat investor summit in Gandhinagar

    The Reserve Bank of India is working on a plan to reduce online transaction costs as it tries to encourage more digital banking, two parliamentary panel members quoted central bank governor Urjit Patel as saying on Friday. "We are working on a mechanism to bring down transaction costs," one member of the public accounts …

  • ChemChina seeks U.S. anti-trust approval for Syngenta deal Reuters

    China National Chemical Corp [CNNCC.UL], or ChemChina, said on Friday it has sought the U.S. anti-trust regulator's approval for its planned $43 billion acquisition of Swiss crop protection and seed group …

    People use an escalator outside the headquarters of ChemChina (China National Chemical Corporation) in Beijing, China

    China National Chemical Corp [CNNCC.UL], or ChemChina, said on Friday it has sought the U.S. anti-trust regulator's approval for its planned $43 billion acquisition of Swiss crop protection and seed group Syngenta AG . "ChemChina and Syngenta remain fully committed to the transaction and are confident of its closure," …

  • Indonesia watchdog says former CEO of airline Garuda a bribery suspect Reuters

    By Cindy Silviana and Fransiska Nangoy JAKARTA (Reuters) - Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk as a suspect …

    FILE PHOTO Former CEO PT Garuda Indonesia Emirsyah Satar talks to reporters during a news confrence at Garuda Indonesia's head office in Tangerang

    By Cindy Silviana and Fransiska Nangoy JAKARTA (Reuters) - Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk as a suspect in a bribery case. Indonesia's Corruption Eradication Commission (KPK) said in a statement the CEO of Garuda from 2005 …

  • Samsung Electronics says to hold Galaxy Note 7 briefing on January 23 Reuters

    Samsung Electronics Co Ltd said it will announce on Jan. 23 the results of a probe on what caused some Galaxy Note 7 smartphones to catch fire, as the firm seeks to recover from one of the biggest product …

    Shoppers walk near a Galaxy Note 7 advertisement at a Samsung store in Jakarta

    Samsung Electronics Co Ltd said it will announce on Jan. 23 the results of a probe on what caused some Galaxy Note 7 smartphones to catch fire, as the firm seeks to recover from one of the biggest product safety failures in tech history. Samsung said its executives and independent experts will disclose their findings in …

  • George Soros says Trump will fail and market's dream will end Reuters

    The billionaire investor George Soros said on Thursday that global markets will falter given the uncertainty of incoming U.S. President Donald Trump's policies. "Right now uncertainty is at the peak," …

    FILE PHOTO --  Business magnate George Soros arrives to speak at the Open Russia Club in London

    The billionaire investor George Soros said on Thursday that global markets will falter given the uncertainty of incoming U.S. President Donald Trump's policies. "Right now uncertainty is at the peak," Soros told Bloomberg News at his annual media dinner held at the World Economic Forum in Davos, Switzerland. "I don't …