[ad_1] NEW YORK (Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Tuesday it expects to face rising costs for deposits, a key part of its business, and slowing global
Embraer shareholders OK sale of commercial jet division to Boeing
[ad_1] SAO PAULO (Reuters) – Shareholders of Brazil’s Embraer SA approved a deal on Tuesday to sell 80 percent of the company’s commercial plane division to Boeing Co, enabling Boeing to compete with Airbus SE
AT&T defeats U.S. in merger fight to buy Time Warner
[ad_1] WASHINGTON (Reuters) – A U.S. appeals court approved wireless carrier AT&T Inc’s deal to buy media company Time Warner on Tuesday, a defeat for the U.S. Justice Department which had argued the $85.4 billion
Standard Chartered resets growth targets with cost cuts, divestment plans
[ad_1] HONG KONG/LONDON (Reuters) – Standard Chartered PLC has unveiled plans to double returns and dividends in three years by cutting $700 million in costs and boosting income, even though the bank missed its previous
India delays levying retaliatory tariff on U.S. goods to April 1
[ad_1] NEW DELHI (Reuters) – India has once again delayed implementation of higher tariffs on some goods imported from the United States to April 1, according to a government order issued on Tuesday. The new
Pound leaps on Brexit hopes, world shares take breather
[ad_1] LONDON (Reuters) – Britain’s pound hit a 21-month high against the euro on Tuesday on hopes for a delay to Brexit, while world shares took a breather after scaling a five-month peak. A broker
Vedanta sells down Sterlite copper concentrate stockpiles: sources
[ad_1] A general view shows Sterlite Industries Ltd’s copper plant in Tuticorin, in Tamil Nadu April 5, 2013. REUTERS/Stringer/Files NEW DELHI/BEIJING (Reuters) – Vedanta Ltd is selling down copper concentrate stocks from its Sterlite smelter
Chinese firm behind the ‘Amazon Coat’ hits jackpot in U.S., eschews China
[ad_1] JIAXING, China/NEW YORK (Reuters) – When Kevin Chiu left his job in 2012 to try his luck at starting an online apparel business in a rural Chinese city, his main goal was to carve
PSA picks Peugeot brand for U.S. return after profit record
[ad_1] PARIS (Reuters) – PSA Group’s Peugeot lineup will lead a return to the United States after an absence of almost three decades, as part of a drive to address the group’s dependence on Europe.
Hard Brexit could wipe at least 0.5 percent off German GDP – BDI
[ad_1] Construction workers are silhouetted while standing on scaffolding at the construction site of the new headquarters of the European Central Bank (ECB) during a guided media tour in Frankfurt, October 31, 2013. REUTERS/Kai Pfaffenbach/File