Economia

The bipartisan effort to force Stumpf to testify may result in pressure to indict senior executives at the financial giant for fraud, and the Department of Justice has already begun to issue subpoenas, CNN reports . Republicans chided the embattled CEO as well, with Sen. At that time, Stumpf said, bank executives came to recognize a pattern of creating phony accounts could be used to boost unwarranted fees.
  • US Government Bonds Near Flat After Rally

    Economia

    Stocks were given a boost on Wednesday when the U.S. Federal Reserve made a decision to keep interest rates steady, leaving intact the low-rate environment that has helped fuel the bull market. USA crude oil futures settled $1.84 lower at $44.48 a barrel on signs Saudi Arabia and arch rival Iran were making little progress in achieving preliminary agreement ahead of talks by major crude exporters next week aimed at freezing production.
  • Gold Prices Supported by Dollar Frailty

    Gold Prices Supported by Dollar Frailty

    Economia

    High-dividend payers like real estate and phone companies rose Thursday, a day after the Federal Reserve said it would keep interest rate near their historic lows. A continuation of the defensive dollar tone over the past 24 hours, coupled with downward pressure on bond yields, has continued to provide underlying support to gold prices.
  • Russian Federation hits back at Johnson 'war crimes' slur

    Economia

    The security council meeting on Syria came as France, the United Kingdom and the U.S., among others, said their patience was not infinite. But both have accused the other of failing to adequately rein in forces under their influence on the ground - rebels, in the case of the United States, and the Syrian government, in Russia's case.
  • Ford Small-Car Production Mexico-Bound in a Move That Riles Trump

    Ford Small-Car Production Mexico-Bound in a Move That Riles Trump

    Economia

    Trump has also said he would charge a 35 percent tax on any vehicle coming over the border. "Now, cars are made in Mexico and you can't drink the water in Flint". Ford committed to build new vehicles at the Michigan Assembly Plant to take the place of the Focus and C-Max when it reached a new contract late a year ago with the United Auto Workers union, which represents 3,900 hourly workers at the plant.
  • Phoenix Holdings eyes Abbey Life deal

    Phoenix Holdings eyes Abbey Life deal

    Economia

    According to news agency Reuters , the United Kingdom firm is planning to raise £800million to fund the purchase which will be finalised in the next couple of weeks. The consolidator already said in its interim results on 25 August it was exploring further acquisition opportunities in the closed United Kingdom life sector.
  • Boss of Wells Fargo bank told to resign

    Economia

    If the big banks and their lobbyists think they'll go quietly back into the business of wretched excess and greed that helped bring the nation to the financial brink in 2008, Sen. Warren called on Stumpf to resign. Republicans chided the embattled CEO as well, with Sen. Until we hold financial institutions, their executives, and employees accountable to the same laws to which the general citizen is held accountable, we will not see the end to their greed and scamming.
  • Jio charges COAI with bias, association says internal matter

    Jio charges COAI with bias, association says internal matter

    Economia

    Reliance Jio is a member of COAI. "Despite repeated and grave provocations from Reliance Jio, the COAI wishes to state that Reliance Jio which entered the sector as a Back Door Operator (BDO) was welcomed by the COAI as a full member", the cellular operators' body said in a statement.
  • Oil rises as Venezuela's Maduro says production freeze deal is 'close'

    Economia

    The UAE was optimistic that the oil sector is continuing to recover in a healthy manner. Oil market still remains oversupplied as exporters around the world pump near record amounts. "A big part of the rally (on Monday) was the hope that a deal could be getting closer with agreement at the Algiers meeting potentially leading to another meeting", said Greg McKenna, chief market strategist at Australia-based retail forex broker AxiTrader.
  • Pensioni anticipate, le ultime novità

    Pensioni anticipate, le ultime novità

    Economia

    Dovrebbe, inoltre, esserci la soluzione di numerosi problemi da tempo in sospeso: il cumulo gratuito dei contributi, il blocco dell'aspettativa di vita per i lavori usuranti, la cancellazione definitiva delle penalizzazioni per i precoci, l'equiparazione della NO tax area dei pensionati con quella dei lavoratori dipendenti e la prosecuzione della sperimentazione di Opzione Donna ".
  • Second time's the charm for Noble Midstream IPO

    Second time's the charm for Noble Midstream IPO

    Economia

    Noble Midstream had delayed its IPO in November, citing unfavorable market conditions. Noble Midstream owns and develops midstream assets for its parent company. The MLP now provides crude oil, natural gas and water-related midstream services on 300,000 acres in the Denver-Julesburg basin in Colorado. Noble Midstream posted net income of $38 million in 2015 on revenue of $92.5 million.
  • Bayer-Monsanto merger: Indian players to feel the heat

    Bayer-Monsanto merger: Indian players to feel the heat

    Economia

    The deal, subject to regulatory approvals of both countries, is expected to create an agricultural powerhouse that would bring together both companies' innovation capabilities - Bayer's crop protection portfolio and Monsanto's expertise in seeds and traits and digital agriculture.