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  • BERLIN (Reuters) - The head of Germany's Bundesbank said on Saturday he had misgivings about granting emergency funding to Greece as the liquidity situation at the country's banks has not improved. Jens ...

  • The chief executive of France's telecom leader Orange said on Saturday he believed the price war in the national telecoms sector was coming to a close. Stephane Richard also argued in a radio interview for consolidation in the French telecoms sector, saying a market with three operators would function better than with …

  • Rajan arrives for a news conference after the bi-monthly monetary policy review in Mumbai

    MUMBAI (Reuters) - Reserve Bank of India Governor Raghuram Rajan called for an urgent expansion of formal financing routes for farmers after a spate of suicides in the country, the Business Standard said ...

  • Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas. The phones, dubbed "Tianyi Taobao Shopping Handsets", will come installed with either an app for easy access to Alibaba's …

  • 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. Nonetheless, the alleged abuses were "somewhat surprising" given that his behavior was identified in 2009 but continued …

  • India has put the U.S.-based Ford Foundation, one of the world's largest charitable funds, onto a security watchlist as it probes its funding of a local organisation run by a prominent activist and critic of Prime Minister Narendra Modi. The home affairs ministry said it would "keep watch on all the activities" funded …

  • Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece's economy, which faces the prospect of running out of money if it cannot agree to new bailout terms with creditors. Kotzias is part of the leftist government that took over in January after …

  • Employees walk along a corridor in the Infosys campus in Bangalore

    Infosys Ltd (INFY.NS), India's second-largest software services exporter, on Friday posted quarterly net profit that lagged most analyst expectations, dampening hopes of a quick turnaround after top management changes. Bengaluru-based Infosys, once seen as the bellwether of India's $150 billion IT services industry, has …

  • Japanese consumer electronics firm Sony Corp <6758.T> has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday. Expectations for higher sales of display sensors used in mobile phones and the Playstation gaming console …

  • NEW YORK/TOKYO (Reuters) - The Apple Watch launched quietly around the world on Friday without the usual frenzy or fanfare for an Apple Inc rollout, as a handful of boutiques in major cities like Tokyo and Paris sold the timepiece - but not for purchase at its own stores. Shops included The Corner in Berlin, Colette in …

  • Software developers who tried on an Apple Watch for the first time on Friday predicted a rush of new apps over the next few months, particularly in areas including health and messaging. Ross Cohen, chief operating officer of BeenVerified.com, which makes a caller ID app for the watch, said he only realized on Friday that …

  • FRANKFURT (Reuters) - German trade union Verdi on Friday said that Deutsche Bank (DBKGn.DE) management has chosen to split off its Postbank (DPBGn.DE) division via the stock market. "The management ...

  • Barclays Plc failed to persuade a U.S. judge to dismiss a lawsuit accusing the British bank of defrauding shareholders about a private "dark pool" trading platform even as it was publicly pledging to clean up its corporate culture. U.S. District Judge Shira Scheindlin in Manhattan on Friday allowed most of the lawsuit …

  • The sun sets on the address where Nav Sarao Futures Limited is registered, in Hounslow

        The U.S. has asked UK authorities to hand over Navinder Singh Sarao, 36, after his arrest this week on charges that he manipulated markets over several years in a fraudulent scheme that helped cause the stock market rout.     The U.S. Department of Justice alleges that Sarao used souped-up, off-the-shelf software to …

  • U.S. has asked UK authorities to hand over Navinder Singh Sarao, 36, after his arrest this week on charges that he manipulated markets over several years in a fraudulent scheme that helped cause the stock market rout. The U.S. Department of Justice alleges that Sarao used souped-up, off-the-shelf software to trick other …

  • U.S. has asked UK authorities to hand over Navinder Singh Sarao, 36, after his arrest this week on charges that he manipulated markets over several years in a fraudulent scheme that helped cause the stock market rout. The U.S. Department of Justice alleges that Sarao used souped-up, off-the-shelf software to trick other …

  • Apple Inc (AAPL.O) aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources. Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market …

  • A man walks past a branch office of Deutsche Bank in Wiesbaden

    Deutsche Bank (DBKGn.DE) will cut back investment banking, sell its Postbank (DPBGn.DE) retail chain via a public share offering and reduce costs, the group said late on Friday, in a restructuring plan designed to boost profits. Splitting Postbank but keeping the group’s own-branded retail chain means Deutsche management …

  • View of the headquarters of Comcast on JFK Boulevard in Philadelphia

    Comcast Corp's (CMCSA.O) failed bid to buy Time Warner Cable Inc (TWC.N) 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 excess cash. Comcast, which had barely convinced regulators to allow it to buy NBC Universal four …

  • U.S. President Barack Obama addresses a news conference with Japanese Prime Minister Shinzo Abe at the Akasaka guesthouse in Tokyo

    The White House on Friday dashed hopes of a breakthrough on U.S.-Japan trade when President Barack Obama and Prime Minister Shinzo Abe meet in Washington next week, further delaying a major 12-nation Pacific trade pact. "We're not there yet," said Caroline Atkinson, Obama's deputy national security adviser. A deal between …

  • Jose Guimarães Monforte quit his position on the board of directors of Petroleo Brasileiro SA (PETR4.SA) on Friday, two days after he abstained from voting to approve the company's audited financial statements, the state-run oil company said on Friday. Petrobras, as the company is commonly known, gave no reason for the …

  • Four Petrobras oil platforms off the northeast coast of Brazil have halted production after a leak of about 7,000 liters of oil was detected coming from a pipeline linking them, a local oil workers union head said on Friday. Brazil's oil regulator, ANP, confirmed the leak in the Camorim field, 16 kilometres (10 miles) …

  • The Blackberry sign is pictured in Waterloo

    (Reuters) - BlackBerry Ltd (BB.TO) (BBRY.O) is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters. "At this time, ...

  • The headquarters of Deutsche Bank are pictured in Frankfurt

    Deutsche Bank (DBKGn.DE) will cut back investment banking, split off its Postbank (DPBGn.DE) retail chain and reduce costs, the group said late on Friday, in a restructuring plan designed to restore profitability.

  • Greece's parliament on Friday approved a decree forcing state entities to lend cash to the near-bankrupt state, defying protests by municipalities and labour unions. Just weeks away from running out of cash, Athens has been tapping into the cash reserves of public sector entities through so-called repo transactions to …

  • The headquarters of Deutsche Bank are pictured in Frankfurt

    FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) will cut back investment banking, split off its Postbank (DPBGn.DE) retail chain and slash costs, the group said late on Friday, in a restructuring plan designed ...

  • A logo is pictured at Google's European Engineering Center in Zurich

    BRUSSELS/BERLIN (Reuters) - The European Union's decision to take on Google (GOOGL.O) last week stems from offical complaints by 19 companies in Europe and the United States, including Microsoft (MSFT.O) and a number of small firms, people familiar with the matter said on Friday. The list of complainants in the European …

  • GE is working with Citigroup Inc (C.N) to sell the business, which is expected to be worth $10 billion, the face value of its outstanding loans, Bloomberg reported. GE is also working with Bank of America Corp (BAC.N) on a separate sale process for its European private equity-lending arm, which has about $6 billion in …

  • 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 gloomy U.S. economic data. Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O) and Google Inc (GOOGL.O) led Wall Street higher, pushing …

  • Trader Joseph Lawler works on the floor of the New York Stock Exchange

    By Noel Randewich (Reuters) - The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. The Nasdaq Composite ...

  • 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 gloomy U.S. economic data. Amazon.com Inc, Microsoft Corp and Google Inc led Wall Street higher, pushing the Nasdaq to a second straight …

  • nr_Xerox_Square_Building_with_New_Logo_2008Jan7

    The company is focusing on its services business, which offers business process outsourcing and document outsourcing, as sales of printers and copiers, its mainstay for over half a century, fall for over three years. The company will take more than two years to reach its goal of getting three-quarters of its revenue from …

  • All three companies own sports networks that Verizon is grouping in add-on tiers in its new offering. Verizon's Custom TV lets viewers sign up for 36 fixed channels through its FiOS TV with the ability to choose genre-specific packages such as kids, sports or news.

  • Pedestrians walk past the Time Warner Cable headquarters in New York

    Earlier Comcast Corp (CMCSA.O) abandoned a $45 billion offer for Time Warner Cable after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market. Charter contacted banks in recent weeks to begin preparations to arrange financing for the potential …

  • The front grill logo of a Ford F150 pick-up truck is shown in Carlsbad, California

    Ford Motor Co (F.N) said on Friday it is recalling about 390,000 Ford Fiesta and Fusion and Lincoln MKZ models in North America because of a potential door latch malfunction. The driver's door can become unlatched while the car is in motion, increasing the risk of injury, Ford said. Affected vehicles were produced at …

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