Corporate Events

ECB seeks greater power over clearing supervision

ECB seeks greater power over clearing supervision

Published 23/06/2017

FILE PHOTO: The European Central Bank (ECB) headquarters in Frankfurt, Germany, July 29, 2016. REUTERS/Ralph Orlowski/File Photo

The European Central Bank has requested enhanced powers to supervise clearing activities, it said on Friday, a move to shore up its authority over London-based euro clearing once Britain leaves the European Union.

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Toshiba stock listing status downgraded, deeper losses flagged

Toshiba stock listing status downgraded, deeper losses flagged

Published 23/06/2017

The logo of Toshiba Corp is seen behind cherry blossoms at the company's headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai

Crisis-wracked Toshiba Corp suffered further indignities on Friday, estimating bigger losses for the past financial year and getting demoted to the second section of the Tokyo Stock Exchange.

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Three killed in gun attack on bank in Kenyan northeast: police

Three killed in gun attack on bank in Kenyan northeast: police

Published 23/06/2017

Attackers shot and killed three people in a raid on a commercial bank in northeast Kenya's on Friday, police said.

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Dollar dips as traders await signals on more Fed hikes

Dollar dips as traders await signals on more Fed hikes

Published 23/06/2017

FILE PHOTO: A picture illustration of U.S. dollar, Swiss franc, British pound and Euro bank notes January 26, 2011. REUTERS/Kacper Pempel/Illustration/File Photo

The dollar dipped to a four-day low against major currencies on Friday and the euro rose on the recent raft of robust data.

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Facebook launches UK initiative to counter online extremist material

Facebook launches UK initiative to counter online extremist material

Published 23/06/2017

The logo of the social network Facebook is seen on a beach during the Cannes Lions in Cannes, France, June 21, 2017. REUTERS/Eric Gaillard

Facebook Inc is launching a UK program to train and fund local organizations to combat extremist material online, as internet companies attempt to clamp down on hate speech and violent content on their services.

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As Modi prepares for Trump meeting, U.S. expected to OK India drone purchase

As Modi prepares for Trump meeting, U.S. expected to OK India drone purchase

Published 23/06/2017

FILE PHOTO: India's Prime Minister Narendra Modi addresses a gathering after he inaugurated Kochi Metro at a stadium in Kochi, India, June 17, 2017. REUTERS/Sivaram V/File Photo

The United States is expected to authorize India's purchase of a naval variant of the Predator drone, two sources familiar with the situation said, ahead of a visit next week by Indian Prime Minister Narendra Modi to try to revitalize ties in his first meeting with President Donald Trump.

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VW waives appeal against German dieselgate compensation cases

VW waives appeal against German dieselgate compensation cases

Published 23/06/2017

FILE PHOTO: A Volkswagen VW car is seen at a car dealer in Bochum, Germany March 16,2016. REUTERS/Ina Fassbender/File Photo

German carmaker Volkswagen (VOWG_p.DE) has agreed to buy back diesel cars equipped with illicit emissions control software after deciding not to appeal a German court ruling backing plaintiffs' calls for compensation.

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Baghdadi death near 100 percent certain: Ifax quotes Russian senator

Baghdadi death near 100 percent certain: Ifax quotes Russian senator

Published 23/06/2017

It was from this medieval mosque that the militants' leader Abu Bakr al-Baghdadi declared a self-styled ''caliphate'' spanning parts of Syria and Iraq three years ago. Al-Baghdadi proclaimed himself ''caliph,'' or ruler of all Muslims, from the pulpit of the mosque on July... REUTERS/Social Media Website via Reuters TV

The likelihood that Islamic State leader Abu Bakr al-Baghdadi has been killed is close to 100 percent, Interfax news agency quoted Viktor Ozerov, the head of the defense committee in the Russian upper house of parliament, as saying on Friday.

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U.S. bans fresh Brazil beef imports over safety concerns

U.S. bans fresh Brazil beef imports over safety concerns

Published 23/06/2017

A man cools cattle on a beached boat in the Amazon river, in the city of Manaus, Brazil, October 26, 2015. REUTERS/Bruno Kelly

The United States halted imports of fresh Brazilian beef on Thursday, the U.S. Department of Agriculture (USDA) said, after a high percentage of shipments failed to pass safety checks.

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BOJ June Tankan set to show improved business confidence- CPI seen rising

BOJ June Tankan set to show improved business confidence- CPI seen rising

Published 23/06/2017

A man looks at a mobile phone in front of the Bank of Japan building in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai

Japanese big manufacturers' confidence is expected to have improved for a third straight quarter in June to match the peak seen two years ago, but may recede in the coming quarter on uncertainty around conditions overseas.

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