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EU’s Dombrovskis says Greek pension payout ‘complicated’ review talks

December 18, 2016 by · Leave a Comment 

Greece's decision to give pensioners a one-off bonus has delayed the conclusion of its second bailout review but an agreement can still be reached in the coming months, EU Commission Vice-President Valdis Dombrovskis was quoted as saying on Saturday. Greece angered its lenders this month by announcing it would spend about 600 million euros on a Christmas…

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EU’s Dombrovskis says Greek pension payout ‘complicated’ review talks

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Scotland says to unveil single market Brexit plan this week

December 18, 2016 by · Leave a Comment 

Scotland will publish proposals this week for how it can remain in the European single market after Britain leaves the European Union in order to avoid the “national disaster” of a “hard Brexit”, the Scottish government said on Sunday. While the United Kingdom as a whole voted to leave the EU in the June 23 referendum, Scotland strongly backed remaining in the bloc. “In line with …

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Scotland says to unveil single market Brexit plan this week

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Coke CEO Muhtar Kent hands reins to Quincey in widely expected move

December 10, 2016 by · Leave a Comment 

Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. Quincey's ascension was widely expected since he became chief operating officer in August 2015 after jobs that included running Coke&#…

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Coke CEO Muhtar Kent hands reins to Quincey in widely expected move

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OPEC, non-OPEC agree to their first global oil pact since 2001

December 10, 2016 by · Leave a Comment 

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some …

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OPEC, non-OPEC agree to their first global oil pact since 2001

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Lawyers seek to launch fresh Brexit challenge in Irish courts

December 10, 2016 by · Leave a Comment 

A group of British and Irish lawyers are seeking to challenge Britain's decision to leave the European Union in the Irish High Court to try to establish if Brexit can be reversed once divorce talks have been triggered. The lawyers hope the court in Dublin will ask the European Court of Justice, the EU's highest court, to determine …

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Lawyers seek to launch fresh Brexit challenge in Irish courts

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Wife of billionaire Pimco co-founder Bill Gross files for divorce

December 9, 2016 by · Leave a Comment 

NEW YORK (Reuters) – The wife of Pacific Investment Management Co co-founder Bill Gross is seeking a divorce after 31 years of marriage.

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Wife of billionaire Pimco co-founder Bill Gross files for divorce

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Saudi Arabia tells oil buyers of cuts after OPEC deal, PIRA says

December 9, 2016 by · Leave a Comment 

NEW YORK (Reuters) – Saudi Arabia is informing its customers of cuts to their January crude oil supplies to comply with the latest OPEC agreement, according to a PIRA note late on Thursday. The note adds that cuts will be to varying degrees, but is likely to

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Saudi Arabia tells oil buyers of cuts after OPEC deal, PIRA says

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Asian shares flat but on track for weekly gains

December 9, 2016 by · Leave a Comment 

TOKYO/SYDNEY (Reuters) – Asian shares flatlined on Friday but were on track for robust weekly gains, while the euro caught its breath after sliding when the European Central Bank trimmed the size of its asset purchase program and also extended it for longer than many had…

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Asian shares flat but on track for weekly gains

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Toyota to recall 5.8 million cars in Japan, China, Europe over Takata airbags

October 26, 2016 by · Leave a Comment 

Japan's Toyota Motor Corp on Wednesday said it was recalling a total of about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp. The recall, which includes the Corolla and the Vitz subcompact hatchback model which is marketed overseas as the Yaris, covers models produced between May 2000 and November 2001, and April 2006 and December 2014, the company said…

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Toyota to recall 5.8 million cars in Japan, China, Europe over Takata airbags

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EU, Canada still hope to sign trade deal after Belgian ‘Non’

October 24, 2016 by · Leave a Comment 

Belgium declared on Monday that it could not formally back a free trade deal between the European Union and Canada because of an internal Belgian dispute, but the two sides still appeared to be holding out hopes of a summit to …

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EU, Canada still hope to sign trade deal after Belgian ‘Non’

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