Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.
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Latvia still faces unemployment following the entry of Euro
Entry of the Euro in Latvia had not made any positive effect on the country's economy. On January 1, Latvia had adopted the Euro, which would hopefully encourage lower costs for borrowing and investments.
October nonfarm payrolls to number at 100,000 - Moody's Analytics
Mark Zandi of Moody’s Analytics predicted that US nonfarm payrolls to be 100,000 and an unemployment rate to increase.
Rabobank pays hefty price after scandal
After thirty of its employees got involved in the manipulation of interest rates, Rabobank had paid a combined EUR774 million in fines.
First Fed rate hike eyed by traders on 2015
Traders kept bets for Feds rise in rates by the year 2015. According to CME Group's Fed Watch, futures prices suggested that no earlier than April 2015 the Federal Reserve would raise the rates.
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Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
On Reuters Instant View, analysts gave their take on Apple's disappointing quarterly sales. In Apple Inc's recently released quarterly results, it was able to sell 33.
Discussions for the formation of a grand coalition government in Germany had already begun. Talks had begun in Germany for a grand coalition government to be put in place by Christmas.
With the labor market down, private sector employers in the US had hired fewer workers for the past six months.
Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
A Reuters report said analysts did not see the US Federal Reserve making any dramatic policy changes any time soon.
Mobile advertising revenues would play a huge role in Facebook's continued favor with investors, a Reuters report said.
Despite its planned investment in Peugeot Citroen, General Motors Co said its relationship with the Shanghai Automotive Industry Corp or SAIC remained strong.
CSC agreed to buy Ignition Partners-backed enterprise cloud management company ServiceMesh. Next-generation information technology services and solutions leader CSC, originally called Computer Sciences Corporation, said it had agreed to purchase ServiceMesh.
