News Trends, News Analysis, News Archive.



Hot Topics Related To `finance`

In Internet Explorer versions up to 8, things inside the canvas are inaccessible!

News Timeline

100 Articles About finance

businessNews reuters.com

Bangladesh minister says wants to 'wipe out' Manila bank for heist role

DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.

worldNews reuters.com

Germany's Gabriel denies report he is eyeing finance minister post

BERLIN (Reuters) - German Foreign Minister Sigmar Gabriel on Saturday denied a report that said the Social Democrat, whose party has agreed to enter talks with Chancellor Angela Merkel's conservatives on forming a coalition, was eyeing the post of finance minister.

worldNews reuters.com

Poland's PM designate says will continue fighting tax evasion

WARSAW (Reuters) - Poland will continue fighting tax evasion, allowing the government to keep public debt in check and finance its public spending agenda, Prime Minister-designate Mateusz Morawiecki said on Friday.

businessNews reuters.com

Deutsche Bank can cope with Basel III outcome: CFO in paper

BERLIN (Reuters) - Deutsche Bank is able to cope with the stricter capital rules on banks that were agreed this week, its finance chief told a German paper.

companyNews reuters.com

UPDATE 1-China imposes record fine on Guangfa Bank over guarantees for defaulted bonds

BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.

worldNews reuters.com

Vatican should bring money-laundering cases to trial, watchdog agency says

VATICAN CITY (Reuters) - The Vatican needs to bring cases of suspected money laundering to trial, a European finance watchdog urged on Friday, saying the good progress made by its financial regulators needed to be matched by judicial muscle.

cnn.com

Economist: Brexit fair deal is an illusion

Former Greek Minister of Finance, Yanis Varoufakis, said the notion that Britain can negotiate a mutually advantageous deal with the European Union is an illusion.

businessNews reuters.com

Hilton says tax cut would finance share buybacks

NEW YORK (Reuters) - Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican tax plan.

businessNews reuters.com

Exclusive: Wells Fargo sanctions are on ice under Trump official - sources

WASHINGTON (Reuters) - The new acting head of the U.S. consumer finance watchdog is reviewing whether Wells Fargo & Co should pay tens of millions of dollars over alleged mortgage lending abuse, according to three sources familiar with the dispute.

worldNews reuters.com

Polish ruling party replaces PM ahead of elections

WARSAW (Reuters) - Poland's ruling conservatives named Finance Minister Mateusz Morawiecki as the country's new prime minister on Thursday as they gear up for a series of elections in the coming years.

worldNews reuters.com

Hungary's Jobbik party says fine risks making it insolvent ahead of 2018 vote

BUDAPEST (Reuters) - Hungary's main opposition party would be unable to compete at an election next April if state auditors impose a heavy fine in a campaign finance case, a vice chairman for the nationalist Jobbik party told Reuters on Thursday.

Deferred Action for Childhood Arrivals nytimes.com

Futures in Jeopardy, ‘Dreamers’ Get Backing of Big Names and Businesses

A well-financed advertising and lobbying campaign for DACA beneficiaries is pushing Congress for a deal.

sportsNews reuters.com

IOC stops payments to boxing federation AIBA

LAUSANNE, Switzerland, (Reuters) - The International Olympic Committee (IOC) on Wednesday said it would not make any payments to the international boxing federation AIBA until problems over governance and finances are sorted out.

businessNews reuters.com

Deutsche Boerse chairman considering early departure: Handelsblatt

BERLIN (Reuters) - Deutsche Boerse Chairman Joachim Faber is considering quitting as head of the exchange operator's supervisory board as early as in 2019, Handelsblatt reported, citing sources in the finance industry.

worldNews reuters.com

Britain has not yet decided on final Brexit aims: Hammond

LONDON (Reuters) - British finance minister Philip Hammond said on Wednesday that the government had not yet decided what it wants from a final Brexit agreement with the European Union because it is still waiting to clear preliminary negotiations with Brussels.

technologyNews reuters.com

High tech, high finance and high times for U.S. pot industry

(Reuters) - Two years ago, Alan Gertner was head of Google's Asia-Pacific sales team in Singapore, handling more than $100 million in business.

worldNews reuters.com

Zimbabwe court again postpones former finance minister's bail hearing

ZIMBABWE (Reuters) - A Zimbabwean court has postponed to Thursday the bail hearing of former finance minister Ignatius Chombo, who is facing charges of corruption dating back two decades.

companyNews reuters.com

Nigerian lawmakers vote to investigate suspension of SEC boss

ABUJA, Dec 5 (Reuters) - Nigeria's lower house of parliament passed a motion on Tuesday to investigate the suspension of the Securities and Exchange Commission's chief by the finance minister.

topNews reuters.com

EU adopts tax haven blacklist, British territories spared

BRUSSELS (Reuters) - European Union finance ministers adopted a blacklist of 17 jurisdictions deemed as tax havens on Tuesday, in an unprecedented step to counter worldwide tax avoidance, although they did not agree on financial levies for the listed countries.

topNews reuters.com

Poland's PiS may sack PM Szydlo, replace with finance minister: sources

WARSAW (Reuters) - Poland's ruling Law and Justice (PiS) party may replace Prime Minister Beata Szydlo next week with Finance Minister Mateusz Morawiecki as part of a long-expected government reshuffle, four sources told Reuters on Tuesday.

companyNews reuters.com

UPDATE 1-Qatar says 2018 budget will focus on resisting economic boycott

* Finance minister pledges never to leave Qatar vulnerable again

companyNews reuters.com

EU to decide on tax haven blacklist, assess U.S. tax reform

BRUSSELS, Dec 5 (Reuters) - European Union finance ministers plan to adopt a blacklist of tax havens and assess the impact of the United States' planned tax overhaul in a meeting on Tuesday in Brussels.

technologyNews reuters.com

Micro-lender China Rapid Finance spots opportunity in new rules

BEIJING (Reuters) - China Rapid Finance will make any adjustments needed to its business practices and the fees it charges in response to Bejing's new requirements to clean up fast-growing online micro-lenders, its chief executive Zane Wang said on Monday.

businessNews reuters.com

Ireland expects Apple back tax in escrow account in first quarter, 2018: minister

BRUSSELS (Reuters) - Ireland expects iPhone maker Apple to start paying up to 13 billion euros ($15.4 billion) in back taxes into an escrow account in the first quarter of 2018, the finance minister said on Monday.

companyNews reuters.com

Dubai’s GEMS Education says it secured $1.25 billion loan

DUBAI, Dec 4 (Reuters) - GEMS Education, an international private education provider based in Dubai, has secured a $1.25 billion loan to refinance existing borrowings and to support future growth, it said on Monday.

businessNews reuters.com

Greece, lenders reach deal on reforms under bailout review

ATHENS (Reuters) - Greece and official creditors on Saturday concluded talks on the review of its bailout progress, reaching agreement on fiscal issues, energy and labor market reforms, bad loans and privatizations, the country's finance minister said.

businessNews reuters.com

Israel may adjust corporate tax after U.S. slash - finance minister

JERUSALEM (Reuters) - Israel may have to make adjustments to its corporate tax rate, Finance Minister Moshe Kahlon said on Saturday in response to a tax slash approved by the U.S. Senate.

politicsNews reuters.com

U.S. states gird for fight as Trump targets consumer finance watchdog

WASHINGTON (Reuters) - Pennsylvania's Attorney General is leading the charge among his Democratic peers preparing to shore up protections for borrowers and savers while President Donald Trump follows through on a pledge to defang a powerful consumer finance watchdog.

companyNews reuters.com

US states gird for fight as Trump targets consumer finance watchdog

WASHINGTON, Dec 1 (Reuters) - Pennsylvania's Attorney General is leading the charge among his Democratic peers preparing to shore up protections for borrowers and savers while President Donald Trump follows through on a pledge to defang a powerful consumer finance watchdog.

companyNews reuters.com

BRIEF-Wins Finance Holdings To Resume Trading On Nasdaq

* WINS FINANCE HOLDINGS INC - ‍EXPECTS THAT ITS ORDINARY SHARES WILL RESUME TRADING ON NASDAQ STOCK MARKET ON DECEMBER 4, 2017​ Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 1-Nippon Life to buy 25 pct of U.S. asset manager TCW from Carlyle

* Comes as Japan finance firms seek asset manager deals (Adds deal details, context on Japan finance sector deals)

worldNews reuters.com

Zimbabwe's Mnangagwa names senior military officials to cabinet posts

HARARE (Reuters) - Zimbabwe's new president, Emmerson Mnangagwa, appointed senior military officials to top posts in his new cabinet and chose a veteran cabinet minister to head the finance ministry.

cnn.com

GOP lawmakers huddle on Senate floor

Lawmakers vote on the Senate floor to determine whether the GOP tax reform bill will be sent back to the finance committee. CNN's Phil Mattingly reports as the voting continues.

worldNews reuters.com

Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair

BRUSSELS (Reuters) - Finance ministers from Latvia, Luxembourg, Portugal and Slovakia bid on Thursday to replace Jeroen Dijsselbloem as the head of the euro zone finance ministers, the Eurogroup, before a vote next week among the 19 countries sharing the euro.

businessNews reuters.com

Australia bows to years of pressure, announces inquiry into finance sector

SYDNEY (Reuters) - The Australian government said on Thursday it will hold a wide-ranging inquiry into the finance sector, reversing its long-held opposition amid mounting political pressure and wiping billions of dollars off bank stocks.

companyNews reuters.com

UPDATE 1-Nigeria suspends SEC chief during misconduct investigation

LAGOS, Nov 29 (Reuters) - Nigeria's finance minister has suspended the director of the Securities and Exchange Commission while it investigates allegations of financial impropriety against him, a ministry statement said on Wednesday.

worldNews reuters.com

Joining NATO would help Finland's security but unlikely for now: finance minister

HELSINKI (Reuters) - Joining NATO would improve Finland's security but is unlikely to happen any time soon because of a lack of wider support, Finance Minister Petteri Orpo said on Wednesday.

companyNews reuters.com

UPDATE 1-S.African state airline's losses set to widen, CFO says

CAPE TOWN, Nov 29 (Reuters) - Losses at South African Airways (SAA) are set to widen to 4 billion rand ($292.86 million) in 2017/18 from a previous estimate of 2.8 billion, the state airline's chief financial officer said, piling further pressure on government finances.

companyNews reuters.com

S.Africa national airline's debt at 13.8 bln rand, losses to widen-executives

CAPE TOWN, Nov 29 (Reuters) - South African Airways (SAA) has outstanding debt of 13.8 billion rand ($1.01 billion) as of this month, the chief executive of the state-run national airline, Vuyani Jarana, told parliament's finance committee on Wednesday.

worldNews reuters.com

Islamic State claims responsibility for Aden car bomb: Amaq

CAIRO (Reuters) - Militant group Islamic State claimed responsibility for a car bomb attack outside the offices of the Yemeni finance ministry in the southern port city of Aden, the group's news agency Amaq said on Wednesday.

worldNews reuters.com

Yemen car bomb attack kills at least two people in Aden: residents

ADEN (Reuters) - Assailants detonated a car bomb outside the Yemeni Finance Ministry offices in the southern city of Aden on Wednesday, killing at least two people, hospital officials and residents said.

politicsNews reuters.com

U.S. court backs Trump in battle over interim consumer watchdog head

WASHINGTON (Reuters) - A U.S. District Court judge on Tuesday sided with President Donald Trump in a legal battle over who should be in charge of the U.S. consumer finance watchdog, allowing White House budget director Mick Mulvaney to serve as acting head.

politicsNews reuters.com

Trump administration warns of CFPB disruptions in court filing

WASHINGTON (Reuters) - The Trump administration warned that granting a temporary restraining order to prevent the president from naming an interim director of the U.S. consumer finance watchdog would be an extraordinary intrusion into the executive branch and harm the agency.

companyNews reuters.com

U.S. judge clears Avaya Inc to exit bankruptcy

Nov 28 (Reuters) - The judge overseeing the bankruptcy of Avaya Inc said on Tuesday he would confirm the telecommunication company's Chapter 11 plan, bringing its nearly year-long effort to reorganize its finances effectively to a close.

businessNews reuters.com

Fitch cuts GE rating, outlook negative

(Reuters) - Fitch Ratings on Tuesday downgraded General Electric Co and its finance arm, GE Capital, citing deterioration in the industrial conglomerate's operating and financial performance.

cnn.com

The Senate tax bill would affect your household's finances. Here's how

technologyNews reuters.com

Google adds 'finance' tab to search filters, revamps Google Finance

(Reuters) - Alphabet Inc said on Tuesday users doing a Google search would now be able to filter results with a new "finance" tab, which works in the same way that its "images" or "news" tab does.

worldNews reuters.com

Mexico finance minister resigns to seek presidency for ruling party

MEXICO CITY (Reuters) - Mexico's finance minister resigned on Monday to seek the 2018 presidential nomination of the ruling party, anticipating a major break with tradition as it seeks outside help to clean up its tarnished image and stay in office for another six years.

United States Politics and Government nytimes.com

Right and Left React to the Turmoil at the Consumer Finance Watchdog

Writers from across the political spectrum on the conflict over the leadership of the Consumer Financial Protection Bureau.

worldNews reuters.com

Mexico finance minister Meade resigns to run for presidency

MEXICO CITY (Reuters) - Mexico's finance minister Jose Antonio Meade stepped down on Monday to seek the 2018 presidential nomination for the ruling party, which hopes his honest reputation will help counter the taint of corruption that has blighted its record in power.

worldNews reuters.com

Former Zimbabwe finance minister Chombo to be held in custody until trial

HARARE (Reuters) - Ousted Zimbabwe finance minister Ignatius Chombo, charged with three counts of corruption in offences that allegedly took place two decades ago, was denied bail on Monday and will be detained in custody until his case is heard on Dec 8.

worldNews reuters.com

Mexico's finance minister Meade resigns as presidential race looms

MEXICO CITY (Reuters) - Mexico's finance minister, Jose Antonio Meade, stepped down on Monday amid speculation the veteran technocrat will run for president in next year's election under the ruling Institutional Revolutionary Party (PRI) banner.

businessNews reuters.com

BMW to spend 6.5-7 percent of sales on R&D in 2018: CFO in Handelsblatt

FRANKFURT (Reuters) - German carmaker BMW will further raise its spending on research and development next year, to 6.5 to 7 percent of sales, its finance chief Nicolas Peter told German daily Handelsblatt.

politicsNews reuters.com

Rival sides square off over succession at U.S. consumer finance agency

WASHINGTON (Reuters) - A battle over who should run the U.S. Consumer Financial Protection Bureau (CFPB) in the coming months was set for court as Obama-era holdovers sought to maintain their control over a powerful watchdog which President Donald Trump is seeking to curb.

worldNews reuters.com

Mexico finance minister to resign as presidency race looms: sources

MEXICO CITY (Reuters) - Mexican finance minister Jose Antonio Meade will step down on Monday, two people familiar with the matter said on Sunday, as the ruling Institutional Revolutionary Party (PRI) gears up to pick its candidate for the 2018 presidential election.

politicsNews reuters.com

U.S. consumer finance agency official sues to stop Trump appointment

WASHINGTON (Reuters) - The deputy director of the U.S. Consumer Financial Protection Bureau late on Sunday filed a lawsuit seeking to halt President Donald Trump from naming an official to run the watchdog agency on an interim basis.

politicsNews reuters.com

Exclusive: U.S. consumer finance agency lawyer sides with Trump over succession - sources

WASHINGTON (Reuters) - The top lawyer for the U.S. Consumer Financial Protection Bureau (CFPB) has concluded that President Donald Trump has the authority to name its acting director, three sources familiar with the matter said on Sunday, rejecting an effort by her former boss at the agency to name his immediate successor.

politicsNews reuters.com

Sparring escalates over interim leader of U.S. consumer finance agency

WASHINGTON (Reuters) - The White House's plan to appoint an interim leader for the top U.S. regulator for consumer finance came under further scrutiny on Sunday as a senior Democratic senator said the move would violate the Dodd-Frank Wall Street reform law.

politicsNews reuters.com

Succession battle at U.S. financial agency seen headed to courts

WEST PALM BEACH, Fla./WASHINGTON (Reuters) - A battle between the White House and Democrats over warring appointments to head up the top U.S. regulator for consumer finance is likely headed for the courts, opening any interim actions by the agency to legal challenges, lawyers said on Saturday.

topNews reuters.com

Ousted Zimbabwe finance minister Chombo faces corruption charges

HARARE (Reuters) - Former Zimbabwe finance minister Ignatius Chombo, among those detained by the military before Robert Mugabe resigned as president, was charged on Saturday with corruption, including trying to defraud the central bank in 2004.

topNews reuters.com

Ousted Zimbabwe finance minister Chombo in court over corruption charges

HARARE (Reuters) - Former Zimbabwe finance minister Ignatius Chombo, among those detained by the military when it seized power before Robert Mugabe resigned, was charged on Saturday with three counts of corruption in offences that allegedly occurred more than a decade ago.

businessNews reuters.com

French minister 'shocked' by job cuts at Nestle's Galderma unit

PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Saturday he was particularly "shocked" by Nestle's plans to cut up to 450 jobs at its Galderma skin-health research plant in the south of France as the plant benefited from a research tax credit.

topNews reuters.com

French minister believes banks had 'good reasons' to close National Front accounts

PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Saturday he believed the banks that closed the accounts of far-right National Front leader Marine Le Pen and her party had good reasons to do so.

worldNews reuters.com

Ousted Zimbabwe finance minister Chombo in court to face corruption charges

HARARE (Reuters) - Former Zimbabwe finance minister Ignatius Chombo, who was among those detained by the military when they seized power before Robert Mugabe resigned this week, appeared in court on Saturday to face corruption charges, his lawyer said.

companyNews reuters.com

China online finance regulator tells unqualified micro-lenders to stop lending

BEIJING, Nov 25 (Reuters) - The National Internet Finance Association of China issued a risk warning letter late on Friday telling "unqualified institutions" to immediately stop offering loans as Beijing steps up a crackdown on the micro-loan sector to fend off financial risks.

topNews reuters.com

S&P downgrades South Africa's local currency debt to 'junk' status

JOHANNESBURG (Reuters) - S&P Global Ratings downgraded South African local currency debt to "junk" territory on Friday, citing a further deterioration in the country's economic outlook and public finances, sending the rand tumbling.

companyNews reuters.com

UPDATE 1-Chad's President Deby sacks finance minister - decree

N'DJAMENA, Nov 23 (Reuters) - Chad's President Idriss Deby has sacked Finance Minister Christian Georges Diguimbaye, a government decree showed.

companyNews reuters.com

Chad's President Deby sacks finance minister - decree

N'DJAMENA, Nov 23 (Reuters) - Chad's President Idriss Deby has sacked Finance Minister Christian Georges Diguimbaye, a government decree showed.

Soccer nytimes.com

At UEFA, Mounting Concern About A.C. Milan’s Murky Finances

UEFA will decide early next month whether A.C. Milan, a seven-time European champion, has the financial resources to re-enter its continental championships should it play its way back in.

companyNews reuters.com

BRIEF-Integrated Media Technology says Marvel Finance enters share swap agreement

* Notified by shareholder, Marvel Finance that it has entered conditional share swap agreement with Vantage Ultimate Ltd

worldNews reuters.com

Pakistan's Finance Minister Dar relieved after taking sick leave: media

ISLAMABAD (Reuters) - Pakistan's Finance Minister Ishaq Dar has been relieved of his portfolio as he is taking time off with sick leave, local media reported on Wednesday, following weeks of speculation about Dar's future in the wake of corruption proceedings against him.

Great Britain Withdrawal from EU (Brexit) nytimes.com

U.K. Finance Minister Seeks to Placate Angry Young Voters

With Brexit looming large, more-affordable housing featured prominently as Philip Hammond presented his budget to Parliament.

businessNews reuters.com

UK's 15 billion pound RBS sale to boost government coffers

LONDON (Reuters) - Britain will reprivatise bailed-out lender Royal Bank of Scotland by selling 15 billion pounds ($20 billion) of shares, according to budget documents released on Wednesday, in a boost to finance minister Philip Hammond's coffers.

environmentNews reuters.com

Britain to hike levy on most polluting diesel cars

LONDON (Reuters) - Britain will increase the amount of taxation paid by those driving diesel cars that do not meet more stringent emissions standards, finance minister Philip Hammond said on Wednesday.

environmentNews reuters.com

UK to seek to cut plastic waste through tax system, charges: Hammond

LONDON (Reuters) - The British government will look into ways to reduce plastic waste through the tax system and charges on single-use plastic items, finance minister Philip Hammond said on Wednesday during his budget speech to parliament.

companyNews reuters.com

BRIEF-CLEANTECH SOLUTIONS INTERNATIONAL'S UNIT ENTERS SHARE SWAP AGREEMENT WITH MARVEL FINANCE

* CLEANTECH SOLUTIONS INTERNATIONAL - UNIT VANTAGE ULTIMATE LTD ENTERED INTO CONDITIONAL SHARE SWAP AGREEMENT WITH MARVEL FINANCE LIMITED​

worldNews reuters.com

Turkey orders detention of 216 people in post-coup probe: Anadolu

ANKARA (Reuters) - Turkish authorities have issued detention warrants for 216 people, including former finance ministry personnel, suspected of having links to last year's failed coup attempt, the state-run Anadolu news agency said on Wednesday.

businessNews reuters.com

Uniper to cut 2,000 jobs in cost-cutting drive: paper

FRANKFURT (Reuters) - German energy group Uniper is cutting a total of around 2,000 jobs, or 14 percent of its workforce, by the end of next year as part of a cost-cutting program it announced a year ago, its finance chief told daily Rheinische Post.

topNews reuters.com

Russia moves to shelter banks funding arms makers from sanctions

MOSCOW (Reuters) - Russia has proposed ending the publication of the names of banks which finance Russian state-controlled arms producers, in a possible sign that Moscow is preparing for new U.S. sanctions.

companyNews reuters.com

REFILE-UPDATE 4-China widens foreign access to its giant financial sector

BEIJING, Nov 10 (Reuters) - China will raise foreign ownership limits in financial firms in a step granting access to a tantalizing multi-trillion dollar financial services market, as the world's second-biggest economy seeks to position itself as a major global finance hub.

companyNews reuters.com

U.S. business borrowing for equipment rises 2 pct in Oct - ELFA

Nov 20 (Reuters) - U.S. companies' borrowing to spend on capital investment rose 2 percent in October from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday, citing increased confidence in the economy.

companyNews reuters.com

BRIEF-Emerald Health Therapeutics says Sandy Pratt resigned as CFO

* Emerald Health Therapeutics appoints Robert C. Hill, CPA, CA as chief financial officer and promotes Cheryl Evans, CPA, CA to vice president finance

technologyNews reuters.com

Toshiba gains breathing room with $5.4 billion share issue to overseas investors

TOKYO/HONG KONG (Reuters) - Toshiba Corp's planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting - a quickly arranged deal that underscores both the weakness of its finances and the allure of its chips unit.

worldNews reuters.com

Britain to submit 'Brexit bill' proposal before December EU meeting

LONDON (Reuters) - Britain will submit its proposals on how to settle its financial obligations to the European Union before an EU Council meeting next month, finance minister Philip Hammond said on Sunday.

technologyNews reuters.com

Driverless cars set for UK budget boost: finance ministry

LONDON (Reuters) - British finance minister Philip Hammond's budget statement this week will include measures to encourage the development of driverless and electric cars, artificial intelligence and telecommunications, the finance ministry said on Sunday.

cnn.com

GOP promising tax cuts now, but not forever

The Senate Finance Committee has approved the $1.5 trillion GOP tax overhaul proposal, but many deficit hawks say the proposal may not be fiscally responsible.

companyNews reuters.com

BRIEF-CVR Refining LP says co, Coffeyville Finance, CVR Refining LLC among others entered amendment no. 1 to amended and restated ABL credit agreement​

* CVR Refining LP-‍on Nov 14, co,Coffeyville Finance, CVR Refining LLC among others entered amendment no. 1 to amended and restated ABL credit agreement​

businessNews reuters.com

Tesla's unfettered ambition will drain finances: analysts

(Reuters) - Tesla Inc shares rose on Friday as analysts questioned how soon Chief Executive Elon Musk will have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan.

technologyNews reuters.com

Tesla's unfettered ambition to drain finances: analysts

(Reuters) - Tesla Inc will face further questions about how fast it is burning through its cash pile and how soon it will have to ask creditors and shareholders for more after it unveiled its latest electric vehicles.

cnn.com

Republican calls 'bullcrap' on Democrat during tax debate

The Senate finance committee advanced Republicans' plans to overhaul the tax system on Thursday night, but not without a fiery argument between senators just minutes before the vote.

businessNews reuters.com

Tesla's unfettered ambition to strain finances but investors unfazed

(Reuters) - Investors shrugged off any concern over Tesla Inc over-stretching its production and financial resources with the unveiling of new futuristic semi-trucks and a pricey sports car, pushing its shares up almost 4 percent on Friday.

businessNews reuters.com

Exclusive: Germany's top banks step up efforts to offload toxic shipping debt

LONDON/FRANKFURT (Reuters) - Top national lenders Deutsche Bank <DBK Gn.DE> and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system grapples with $100 billion in toxic debt from the sector.

worldNews reuters.com

German coalition talks miss deadline; parties still at odds

BERLIN (Reuters) - Chancellor Angela Merkel's efforts to forge a three-way ruling coalition could stretch into the weekend after the parties missed Merkel's Thursday deadline and failed to reach agreement on key issues such as migration and finances.

cnn.com

Senate tax reform bill advances out of committee

The Senate Finance Committee approved the $1.5 trillion Republican tax overhaul proposal late Thursday night after four days of markup.

worldNews reuters.com

German coalition talks flounder as disagreements persist

BERLIN (Reuters) - Chancellor Angela Merkel's efforts to forge a three-way ruling coalition dragged into the wee hours of Friday, with some participants warning that differences on climate, migration and finances could still cause the talks to collapse.

companyNews reuters.com

Britain's WPP planning for flat net sales in 2018 - CFO

BARCELONA, Nov 16 (Reuters) - WPP, the world's biggest advertising company, is working on an assumption that its 2018 organic net sales will be flat following a sharp slowdown in 2017, its chief finance officer said on Thursday.

businessNews reuters.com

T-Mobile US to propose significant share buyback: CFO

BARCELONA (Reuters) - U.S. No.3 carrier T-Mobile US will propose a "significant" share buyback that could start in December, finance chief Braxton Carter said on Thursday, a sign of confidence after the collapse of its merger with Sprint Corp.

companyNews reuters.com

T-Mobile US to propose significant share buyback - CFO

BARCELONA, Nov 16 (Reuters) - U.S. No.3 carrier T-Mobile US will propose a "significant" share buyback that could start in December, finance chief Braxton Carter said on Thursday, a sign of confidence after the collapse of its merger with Sprint Corp.

businessNews reuters.com

Few banks seen queuing for China's red carpet invite

HONG KONG (Reuters) - China stunned the finance world last week when it unveiled plans to allow foreign control of its financial institutions. Few bankers thought their long-held dream of better access to the world's largest banking market was within reach.

technologyNews reuters.com

ASML expects to announce new share buyback plan in January: CFO

BARCELONA (Reuters) - Dutch semiconductor equipment supplier ASML is currently buying back its own shares and expects to announce a new buyback program in January, its finance chief said on Thursday