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BRUSSELS —Treasury Secretary Jack Lew, quickly embracing his role as the leading U.S. diplomat on the economy, pushed his counterparts in Europe on Monday to do more to drive economic growth and enact stronger and more unified defenses against financial … Continue reading
LONDON (Reuters) – With the prospect of a full takeover off the table for now, Vodafone investors switched focus on Wednesday to whether the British group might sell its best performing asset, its…
* Proceeds used to grow, cut debt, return money to investors
* Benchmark 7-day rate jumps 34 bps to 3.30 pct * Market players focus on quarter-end money demand By Chen Yixin and Pete Sweeney SHANGHAI, March 20 (Reuters) – China’s benchmark…
For three decades, the Federal Reserve has believed that the path to economic prosperity is in fighting inflation. But it is realizing that is no longer enough. The central bank for the first time is making an attempt to shape … Continue reading
For three decades, the Federal Reserve has believed that the path to economic prosperity is in fighting inflation. But it is realizing that is no longer enough. The central bank for the first time is making a concerted attempt to … Continue reading
(Reuters) – Oil and gas company Hess Corp will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder — activist investor Elliott…
NEW YORK (Reuters) – Prospects of Best Buy Co going private ended on Friday when the retailer’s founder failed to strike a buyout deal with management, leaving the fate of the world’s largest…