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VW CEO Mueller had no knowledge of diesel scandal: Bild am Sonntag

October 9, 2016 by · Leave a Comment 

FRANKFURT (Reuters) – Volkswagen Chief Executive Matthias Mueller had no knowledge of the carmaker's diesel emissions cheating scandal, Germany's Bild am Sonntag newspaper said, citing a report by Jones Day, the lawfirm tasked with investigating the scandal.

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VW CEO Mueller had no knowledge of diesel scandal: Bild am Sonntag

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IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

October 9, 2016 by · Leave a Comment 

International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery. Lipton also shrugged off the view that monetary policy was nearing its limit as a means to revive economies across the globe, stressing that central banks must be open to new ideas to help spur growth. “Central banks have to always be ready to…

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IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

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Banks ponder the meaning of life as Deutsche agonizes

October 9, 2016 by · Leave a Comment 

By Carmel Crimmins and Olivia Oran WASHINGTON (Reuters) – It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week. “This new world of low interest rates and even negative …

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Banks ponder the meaning of life as Deutsche agonizes

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Russia expects OPEC to ask non members to consider joining output curb

October 9, 2016 by · Leave a Comment 

MOSCOW (Reuters) – Russian Energy Minister Alexander Novak said he expected the Organization of Petroleum Exporting Countries (OPEC) to propose that non-OPEC nations consider joining the group in limiting output. “We are waiting for the proposals

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Russia expects OPEC to ask non members to consider joining output curb

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OPEC stands aloof of oil price regulation: Russian energy minister

April 20, 2016 by · Leave a Comment 

MOSCOW (Reuters) – Decision-making within the OPEC has become more complicated and since 2008 the international oil cartel has taken no action to regulate the global oil market, Russian Energy Minister Alexander Novak said on Wednesday. Novak, in remarks at an energy forum, said he

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OPEC stands aloof of oil price regulation: Russian energy minister