Business

Union votes for strike mandate in Canadian auto talks

Union votes for strike mandate in Canadian auto talks

Published 28/08/2016

General Motors auto workers prepare rows of the new Chevrolet Camaro for delivery, at the company's Oshawa Ontario facility April 8, 2009. REUTERS/Fred Thornhill/File Photo

The union representing most Canadian autoworkers has voted for a strike mandate, it said on Sunday, bolstering its position in contract negotiations with the Big Three U.S. carmakers.

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U.S. SEC paid $3.75 million to BHP Billiton whistleblower: report

U.S. SEC paid $3.75 million to BHP Billiton whistleblower: report

Published 28/08/2016

A logo for mining company BHP Billiton adorns a sign outside the Perth Convention Centre where their annual general meeting was being held in Perth, Western Australia, November 19, 2015. REUTERS/David Gray/File Photo

The U.S. Securities and Exchange Commission paid a BHP Billiton (BHP.AX) (BLT.L) insider $3.75 million for detailed information in an investigation into alleged bribery of Asian and African officials, the Australian Financial Review reported on Monday.

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Herbalife may have misled investors, SEC on impact of FTC deal, one short-seller says

Herbalife may have misled investors, SEC on impact of FTC deal, one short-seller says

Published 28/08/2016

An Herbalife logo is shown on a poster at a clinic in the Mission District in San Francisco, California April 29, 2013. REUTERS/Robert Galbraith/File Photo

Bayliss

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Germany’s Gabriel says poorly handled Brexit would see Europe go down the drain

Germany’s Gabriel says poorly handled Brexit would see Europe go down the drain

Published 28/08/2016

A British flag and an EU flag are seen in front of a monitor displaying a graph of the Japanese yen's exchange rate against the U.S. dollar at a foreign exchange trading company in Tokyo, Japan, June 27, 2016. REUTERS/Toru Hanai

German Economy Minister Sigmar Gabriel said on Sunday that if Britain's exit from the European Union was badly handled and other member countries followed its lead, Europe would go "down the drain".

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Global central bankers, stuck at zero, unite in plea for help from governments

Global central bankers, stuck at zero, unite in plea for help from governments

Published 28/08/2016

A picture illustration of crumpled kuna, Dollar and euro banknotes, taken in Zagreb January 18, 2011. REUTERS/Nikola Solic

Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to their colleagues in the rest of government: please help.

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Nasdaq plan market for trading stakes in buyout funds: WSJ

Nasdaq plan market for trading stakes in buyout funds: WSJ

Published 25/04/2014

Pedestrians walk past the NASDAQ MarketSite in New York's Times Square in this June 4, 2012 file photo. REUTERS/Eric Thayer/Files

Private equity firm KKR & Co LP (KKR.N) plans to allow investors to sell parts of their stake in buyout funds through a new private market run by Nasdaq OMX Group Inc (NDAQ.O), the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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Spanish banks face tough rivalry in small companies bet

Spanish banks face tough rivalry in small companies bet

Published 21/04/2014

The logo of Spanish bank Santander is seen outside a building in Madrid October 27, 2011. REUTERS/Andrea Comas

Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again.

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