Business

DHAKA (Reuters) – Bangladesh’s finance minister said late on Saturday he wanted to “wipe out” a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank’s account with the Federal Reserve Bank of New York last year. FILE PHOTO: A security guard stands guard outside a branch of Rizal Commercial
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SEOUL (Reuters) – South Korean automakers face a major headwind from a weakening Japanese yen, which will boost rivals like Toyota Motor Corp. (7203.T) next year, a Hyundai Motor (005380.KS) think tank said. The logo of Hyundai Motor is seen on wall at a event of Hyundai Motor Co’s new Accent in Mexico City, Mexico
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NEW YORK (Reuters) – Stocks that have been lackluster so far in 2017 are unlikely to see their fortunes reversed in the final month of the year, as investors engage in tax-harvesting practices before the new year. FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in
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NEW YORK (Reuters) – Wall Street indexes advanced on Friday on the heels of a solid payrolls report for November, locking in expectations for an interest rate hike from the U.S. Federal Reserve next week and boosting optimism about economic prospects for 2018. Traders work on the floor of the New York Stock Exchange shortly
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JOHANNESBURG (Reuters) – Steinhoff (SNHJ.J) (SNHG.DE) shares plunged another 50 percent on Friday, before recovering as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week. FILE PHOTO: A Poundland employee checks products in a store in London, Britain November 10, 2015. REUTERS/Stefan Wermuth/File Photo More
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WASHINGTON (Reuters) – The trial to determine if the U.S. Department of Justice can stop AT&T Inc’s $85 billion purchase of media company Time Warner Inc will begin on March 19. FILE PHOTO – The AT&T logo is pictured during the Forbes Forum 2017 in Mexico City, Mexico, September 18, 2017. REUTERS/Edgard Garrido The date
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(Reuters) – Uber Technologies Inc’s top European dealmaker is stepping down from his role, the latest in a series of management changes at the ride-hailing service. FILE PHOTO – The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay The U.S. company said on Wednesday that Fraser Robinson was
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BERLIN (Reuters) – Volkswagen AG (VOWG_p.DE) executive Oliver Schmidt, who is due to be sentenced this week in connection with the carmaker’s emissions scandal, has written to the judge to say he feels “misused” by the German company, a newspaper reported on Sunday. FILE PHOTO: Volkswagen’s logos are pictured at the 45th Tokyo Motor Show
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SAN FRANCISCO/WASHINGTON (Reuters) – Three senior managers in Uber Technologies Inc’s security unit resigned on Friday, an Uber spokesperson said, days after the company’s new chief executive officer disclosed a massive data breach and criticized past security practices. FILE PHOTO: The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White/File
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