By Tom Finn LONDON (Reuters) - The dollar rose on Wednesday, attracting safe-haven bids after reports of further tension in U.S.-China trade negotiations, but its gains were slight, with caution expected from the Federal Reserve at its policy meeting later in the day. Volatility in foreign exchange markets has plummeted due...
By Sinead Cruise and Simon Jessop LONDON (Reuters) - Standard Life Aberdeen said it has won a legal battle to stop Lloyds cancelling a 100 billion pound ($133 billion) investment management contract early, a decision which could cost the bank hundreds of millions of pounds in extra fees. Lloyds (L:LLOY) had...
By John O'Donnell and Arno Schuetze BERLIN/FRANKFURT (Reuters) - German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank . Kukies, who was formerly co-head of Goldman Sachs...
Stuttgart (Reuters) - Porsche SE, the holding company controlling Germany's Volkswagen (DE:VOWG_p), on Tuesday said it raised its voting rights share in the carmaker to 53.1 percent from 52.2 percent. "We continue to believe that Volkswagen group has a significant potential to increase its value and that its current capital...
By Tom Finn LONDON (Reuters) - The Japanese yen rose on Tuesday, benefiting from a U.S. dollar hit by concern over the U.S. economy and expectations that the Federal Reserve will prove accommodative at a meeting this week. The euro also profited from the weaker dollar, adding 0.2 percent to $1.1348...
Investing.com -- The euro hit a two-week high against the dollar in early trading in Europe Monday, as the greenback continues to suffer from weak economic data out of the U.S. on Friday that strengthened expectations for a Federal Reserve interest rate cut later this year. Futures contracts on dollar...
By Stephen Nellis and Jan Wolfe (Reuters) - Mobile phone chip supplier Qualcomm (NASDAQ:QCOM) Inc on Friday won a legal victory against iPhone maker Apple Inc (NASDAQ:AAPL), with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Qualcomm...
By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks advanced on Friday as sentiment improved on a report that U.S.-China trade talks were making progress and after UK lawmakers voted to delay a potentially chaotic exit from the European Union. Spreadbetters expected a higher open for European stocks, with Britain's FTSE gaining...
By Richard Lough and Aaron Maasho PARIS/ADDIS ABABA (Reuters) - Two black boxes from the Boeing (NYSE:BA) 737 MAX airplane that crashed in Ethiopia arrived on Thursday in Paris for expert analysis, officials said, as regulators around the world awaited word on whether it was safe to resume flying the...
Investing.com - Here are the top five things you need to know in financial markets on Thursday, March 14: 1. British Parliament Votes on Delaying Brexit British lawmakers rejected the prospect of leaving the European Union without a deal in place on March 29, paving the way for another vote later...