Publication: Reuters: Business News

First reported 1 hour ago - Updated 13 mins ago - 1 reports

Eric Cantor to join investment bank Moelis as vice chairman

(Reuters) - Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said, adding that Cantor will also be elected to its board. ... [Published Reuters: Business News - 1 hour ago]
First reported 2 hours ago - Updated 57 mins ago - 1 reports

Burger King has maneuvered to cut U.S. tax bill for years

LONDON (Reuters) - Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain’s aggressive tax-reduction strategies in recent years. ... [Published Reuters: Business News - 2 hours ago]
First reported 2 hours ago - Updated 57 mins ago - 1 reports

Insider traders in U.S. face longer prison terms, Reuters analysis shows

NEW YORK (Reuters) - U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said. ... [Published Reuters: Business News - 2 hours ago]
First reported Sep 01 2014 - Updated 1 hour ago - 2 reports

China anti-trust probes not protectionist, regulator says

SHANGHAI (Reuters) - China's latest antitrust probes, which have hit firms such as Microsoft and Volkswagen AG , are not protectionist tools that favor domestic firms, an official of the country's price regulator told the official China Daily. ... [Published Reuters: Business News - 5 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

China won't force foreign auto parts makers to form local JVs: EU trade body

SHANGHAI (Reuters) - The European trade body in China said Beijing is not planning to force foreign auto parts suppliers operating in the country to form local joint ventures, dismissing a report last week that had stirred concern among European firms. ... [Published Reuters: Business News - 3 hours ago]
First reported 19 hours ago - Updated 4 hours ago - 2 reports

U.S. inflation bonds back in vogue

NEW YORK (Reuters) - U.S. investors are back in the hunt for inflation protection for the first time in two years as rising housing costs - particularly for rent - suggest inflation may finally be waking from its post-recession slumber. ... [Published Reuters: Business News - 4 hours ago]
First reported 6 hours ago - Updated 5 hours ago - 1 reports

Asian stocks dip, euro stuck near one-year lows

TOKYO (Reuters) - Asian shares drifted lower on Tuesday, with momentum from prior gains fading as investors were left short of cues with the U.S. markets closed on Monday, while the euro continued to probe one-year lows in the uncertainty over the European ... [Published Reuters: Business News - 6 hours ago]
Entities: Tokyo, United States
First reported 9 hours ago - Updated 9 hours ago - 1 reports

China's Li Ning stumbles from gold medal position to no man's land

HONG KONG (Reuters) - In 2010, former Chinese gymnast Li Ning led a surging $4 billion sportswear business, a gold-medal pinnacle echoing his victories at the 1984 Olympic Games. ... [Published Reuters: Business News - 9 hours ago]
Entities: Li Ning, China, Hong Kong
First reported Aug 31 2014 - Updated 12 hours ago - 2 reports

Tantrums, concubines, hotpot burns and smog: China insurers have it covered

HONG KONG (Reuters) - Your child throws a tantrum and smashes something? Take out "naughty child insurance". Similarly, buy cover against your bride becoming pregnant before the honeymoon, your team being knocked out of the soccer World Cup, burning your ... [Published Reuters: Business News - Sep 01 2014]
Entities: Smog, Courtesan, China
First reported Aug 31 2014 - Updated 14 hours ago - 2 reports

Britain's Barclays to sell Spanish assets to Caixabank

MADRID (Reuters) - Barclays is selling its Spanish retail and corporate banking operations to Caixabank, the two companies said on Sunday, as the British bank starts shrinking its struggling European divisions as part of a major overhaul. ... [Published Reuters: Business News - Sep 01 2014]
First reported Aug 31 2014 - Updated Sep 01 2014 - 2 reports

Weak data to test BOJ's rosy economic view, policy on hold

TOKYO (Reuters) - The Bank of Japan will maintain its existing stimulus policy and optimistic economic view when it meets on Thursday, sources say, preferring to take more time to gauge whether a run of weak data is sufficient to threaten a fragile recovery. ... [Published Reuters: Business News - Sep 01 2014]
Entities: Bank of Japan, Tokyo
First reported Aug 31 2014 - Updated Sep 01 2014 - 2 reports

Merkel unhappy with Draghi's apparent new fiscal focus: Spiegel

BERLIN (Reuters) - A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth ... [Published Reuters: Business News - Aug 31 2014]

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Eric Cantor to join investment bank Moelis as v... [Published Reuters: Business News - 1 hour ago]
Burger King has maneuvered to cut U.S. tax bill... [Published Reuters: Business News - 2 hours ago]
Insider traders in U.S. face longer prison term... [Published Reuters: Business News - 2 hours ago]
China won't force foreign auto parts makers to ... [Published Reuters: Business News - 3 hours ago]
U.S. inflation bonds back in vogue [Published Reuters: Business News - 4 hours ago]
China anti-trust probes not protectionist, regu... [Published Reuters: Business News - 5 hours ago]
Asian stocks dip, euro stuck near one-year lows [Published Reuters: Business News - 6 hours ago]
China's Li Ning stumbles from gold medal positi... [Published Reuters: Business News - 9 hours ago]
Hollande, Draghi agree on threat of deflation: ... [Published Reuters: Business News - 12 hours ago]
Imperial Tobacco closes $13 billion of loans [Published Reuters: Business News - 14 hours ago]
France's Moscovici likely to get EC economic af... [Published Reuters: Business News - 17 hours ago]
U.S. inflation bonds back in vogue [Published Reuters: Business News - 19 hours ago]
Factory activity in Europe, Asia cools; demand ... [Published Reuters: Business News - 19 hours ago]
KPMG refuses to approve BES accounts, warns of ... [Published Reuters: Business News - 19 hours ago]
Central European PMIs point to slowdown as sanc... [Published Reuters: Business News - 20 hours ago]
Twenty years on, Schaeuble pleads again for cor... [Published Reuters: Business News - 21 hours ago]
Euro zone factory growth slows in August amid U... [Published Reuters: Business News - 23 hours ago]
Weak data to test BOJ's rosy economic view, pol... [Published Reuters: Business News - Sep 01 2014]
Weak investment, trade drive second quarter con... [Published Reuters: Business News - Sep 01 2014]
China gives Microsoft 20 days to provide explan... [Published Reuters: Business News - Sep 01 2014]
China manufacturing slowdown ripples through re... [Published Reuters: Business News - Sep 01 2014]
Britain's Barclays to sell Spanish assets to Ca... [Published Reuters: Business News - Sep 01 2014]
Tantrums, concubines, hotpot burns and smog: Ch... [Published Reuters: Business News - Sep 01 2014]
China's official PMI slips to 51.1 in August [Published Reuters: Business News - Sep 01 2014]
Asian shares wobble in early trade, euro sinks [Published Reuters: Business News - Sep 01 2014]
Citi to pay allowance to compensate for limited... [Published Reuters: Business News - Sep 01 2014]
UK manufacturing growth cools as export orders ... [Published Reuters: Business News - Sep 01 2014]
Qantas stays loyal to its frequent flyer 'cash ... [Published Reuters: Business News - Aug 31 2014]
China banks seek new lending horizons as bad de... [Published Reuters: Business News - Aug 31 2014]
Virgin Money eyes 2 billion pound stock market ... [Published Reuters: Business News - Aug 31 2014]
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