A healthy economy but questions over future policy for Fed A healthy economy but questions over future policy for Fed: U.S. Federal Reserve Governor Jerome Powell will inherit healthy economic growth and a consensus on monetary policy at least for the next few months, if he is confirmed by the […]
Dudley to retire early as Fed overhaul gains steam Dudley to retire early as Fed overhaul gains steam: According to two sources familiar with the plans, directors at the New York Fed have struck a committee to seek a successor to Dudley, who would leave some time next year, before […]
United weighs purchase of new Boeing 767 passenger jets United weighs purchase of new Boeing 767 passenger jets: The move would mark a reversal for Boeing Co (BA.N), which stopped making the passenger version of the jet three years ago. The aerospace company has been eyeing ways to restart production […]
Scandalhit Kobe Steel has a look the other way culture they say in hometown Scandalhit Kobe Steel has a look the other way culture they say in hometown: “I thought I was going to be fired,” recalled the former employee nearly 40 years later. But Shinzo Abe, now Japan’s prime […]
Kobe Steel executives to decide whether to resign after external probe Kobe Steel executives to decide whether to resign after external probe: The company is also planning to release an internal report on the falsification of product specifications around Friday, said one of the sources, who has been briefed on […]
Saudi Arabia detains princes ministers in anti-corruption probe Saudi Arabia detains princes ministers in anti-corruption probe: According to a senior Saudi official who declined to be identified under briefing rules, those detained include: – Prince Alwaleed bin Talal, chairman of Kingdom Holding 4280.SE – Prince Miteb bin Abdullah, minister of […]
Future Saudi king tightens grip on power with arrests including Prince Alwaleed Future Saudi king tightens grip on power with arrests including Prince Alwaleed: Prince Alwaleed, a nephew of the king and owner of investment firm Kingdom Holding 4280.SE, invests in firms such as Citigroup (C.N) and Twitter (TWTR.N). He […]
IMF warns Venezuela over gaps in economic data transparency IMF warns Venezuela over gaps in economic data transparency: The International Monetary Fund issued a warning to Venezuela on Friday for failing to provide the institution with economic data on time and gave it six months to address the lack of […]
Anthem CEO Joseph Swedish to step down Gail Boudreaux to succeed Anthem CEO Joseph Swedish to step down, Gail Boudreaux to succeed: It is unclear how quickly the transition will occur, but the plan is expected to be announced as soon as next week, the publication reported. Anthem, the nation’s […]
BMW recalling 1 million vehicles in North America BMW recalling 1 million vehicles in North America: One recall covers 670,000 2006-2011 U.S. 3-Series vehicles to address a wiring issue for heating and air conditioning systems that may overheat and could increase the risk of a fire. The second recall covers […]
