France and Germany have agreed that the banking sectors in each country should pay 15 billion euros ($19 billion) toward an EU fund designed to limit the fallout from a banking collapse, French Finance Minister Michel Sapin said on Tuesday.
Legal & Regulatory
Mexico could seek hefty damages against U.S. over meat laws: official
Mexico would seek "hundreds of millions" of dollars in trade retaliation against the United States if Washington does not change meat labeling laws, a Mexican official said, as Mexico and Canada kept up pressure on the United States to act.
U.S. money-laundering probe draws in Putin's inner circle: WSJ
U.S. prosecutors have launched a money-laundering investigation into a member of Russian President Vladimir Putin's inner circle, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Companies sign secret tax deals with Luxembourg: report
More than 300 companies, including PepsiCo Inc (PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn.DE), secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents.
Bank of Japan Governor Haruhiko Kuroda's speech in Tokyo Ensures Achievement of the Price Stability Target of 2 percent through QQE
Bank of Japan Governor Haruhiko Kuroda delivered a speech at the Kisaragi-kai Meeting in Tokyo on 5th November 2014. He mainly spoke about ensuring achievement of the price stability target of 2 percent.
Latest News
Venezuelan President Nicolas Maduro announced on Monday a 15 percent increase in the minimum wage starting in December to protect workers from inflation of more than 60 percent.
No American city has passed a ballot measure raising taxes on sugary drinks, and ahead of votes Tuesday in Berkeley and San Francisco, the U.S. soda industry has been working hard to keep it that way.
The ECB will not improve the terms of its ultra-cheap long-term loans for now, though this may change if it becomes clear that the euro zone economy is taking another turn for the worse, several sources familiar with the discussion told Reuters.
Takata Corp disclosed for the first time that it began making air bags with a recently discovered flaw as early as 2008, in a report to the U.S. National Highway Traffic Safety Administration that the agency released on Saturday.
The lone Federal Reserve policymaker to dissent against the U.S. central bank's decision this week to end its bond-buying stimulus said Friday that the Fed was risking its credibility by failing to take action against a worrisome drop in inflation.
A divided U.S. appeals court rejected UBS AG's (UBSN.VX) bid to force Nasdaq OMX Group Inc (NDAQ.O) to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's (FB.O) $16 billion initial public offering.
J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter.
Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong's South China Morning Post newspaper reported on Saturday.
The U.S. Air Force may miss its target of August 2016 to start using the Lockheed Martin Corp F-35 fighter jet in combat if Congress blocks the service's plan to retire its A-10 tank-killer aircraft, a top U.S. general said Thursday.
