authority

U.S. authorities subpoena Goldman in 1MDB probe: WSJ

Goldman received the subpoenas earlier this year from the U.S. Department of Justice (DoJ) and the Securities and Exchange Commission (SEC), the Journal reported, citing a person familiar with the matter. The authorities also want to interview current and former Goldman employees in connection with the inquiries, but none of those meetings had occurred by Friday, WSJ said. The Department of Justice and the SEC

Go here to read the rest: 
U.S. authorities subpoena Goldman in 1MDB probe: WSJ

authority

UK and China regulators discuss framework for financial projects

British and Chinese securities watchdogs are discussing an agreement that will pave the way for landmark financial services projects between the countries, sources said, easing fears that Britain could be a less attractive partner for such deals after last month's vote to…

Read the original post: 
UK and China regulators discuss framework for financial projects

authority

United Airlines cuts COO Hart’s pay by $1 million over Port Authority probe

The 2015 annual incentive pay of Chief Operations Officer Greg Hart was reduced by $1 million in connection with a probe into the No.3 U.S. airline's relationship with the Port Authority of New York and New Jersey. The internal probe focused on whether United added flights to Columbia, South Carolina

More here: 
United Airlines cuts COO Hart’s pay by $1 million over Port Authority probe

authority

China’s PBOC flags stimulus restraint but says policy should be flexible

By Xiaoyi Shao and Kevin Yao BEIJING (Reuters) – China's central bank won't resort to excessive stimulus to bolster growth but will keep a flexible stance in the event of an economic shock – domestic or global, Governor Zhou Xiaochuan said while reiterating the authority's prudent monetary policy. Under the banner of prudent policy, the Chinese central bank has cut interest rates six times since November 2014 and has also reduced the amount of …

Originally posted here:
China’s PBOC flags stimulus restraint but says policy should be flexible

authority

Greek parliament approves austere budget for 2016

By Karolina Tagaris ATHENS (Reuters) – The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the country's international lenders at a time of growing…

See original here: 
Greek parliament approves austere budget for 2016

authority

Qatar urges VW to reduce labor influence: Bild

Qatar, the third-largest shareholder in Volkswagen , is urging the German carmaker to reduce the influence of its powerful trade unions as it battles to overcome its emissions scandal, a German

See the original post:
Qatar urges VW to reduce labor influence: Bild