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worldNews reuters.com

Japan opposition lawmakers look to pressure PM over school scandal

TOKYO (Reuters) - Japanese opposition lawmakers on Friday urged a former finance official to testify in parliament about a suspected cronyism scandal that could pose a risk to Prime Minister Shinzo Abe's support and hurt his push to revise the pacifist constitution.

businessNews reuters.com

Caterpillar expects no material impact of tax case on finances

(Reuters) - Caterpillar Inc said on Thursday it was vigorously contesting the $2.3 billion tax and penalties for certain years proposed by the U.S. Internal Revenue Service and that the case would not have a material impact on its finances and operations.

United States Politics and Government nytimes.com

Trump’s Inaugural Committee Paid $26 Million to Firm of First Lady’s Adviser

The committee, which raised a record $107 million, detailed its finances in a tax filing, revealing that it donated less than expected to charity.

politicsNews reuters.com

Trump budget chief says he would oppose budget if he were in Congress

WASHINGTON (Reuters) - The White House budget chief said on Tuesday that, if he were still a member of Congress, he "probably" would vote against a deficit-financed budget plan he and Trump are proposing.

cnn.com

Senator wants to see records on Trump's sale of Palm Beach mansion to Russian

A senator is asking the Treasury Department to turn over records of a lucrative real estate sale Donald Trump made to a Russian billionaire as the Senate Finance Committee looks into Trump's ties to Russians.

cnn.com

Woodward and Bernstein: Trump's response to Russia investigation is eerily familiar

We're here again. A powerful and determined President is squaring off against an independent investigator operating inside the Justice Department. Special counsel Robert Mueller's mission is a comprehensive look at Russian meddling in the 2016 election -- and any other crimes he uncovers in the process. President Donald Trump insists it's all a "witch hunt" and an unfair examination of his family's personal finances. He constantly complains about the investigation in private and reportedly asked his White House counsel to have Mueller fired. No wonder many people are making comparisons to the Saturday Night Massacre of 1973, when President Richard Nixon fired special prosecutor Archibald Cox, and Attorney General Elliot Richardson and Deputy Attorney General William Ruckelshaus resigned.

worldNews reuters.com

Colombia wants to build Venezuela financial rescue plan

NEW YORK (Reuters) - Colombia has contacted international lending agencies about devising a financial rescue plan worth up to $60 billion for neighboring Venezuela if President Nicholas Maduro leaves power, Colombia's finance minister said in an interview on Friday.

businessNews reuters.com

L'Oreal ready to buy shareholder Nestle's stake in the firm: CEO

PARIS (Reuters) - L'Oreal stands ready to buy Nestle's 23 percent stake in the firm should its Swiss shareholder choose to sell, and it could finance a purchase through cash, by selling its Sanofi stake or by borrowing, L'Oreal's CEO said.

businessNews reuters.com

South Korea weighs options for GM Korea: finance minister

SEOUL (Reuters) - South Korea is considering several options regarding General Motors Co's operations in the country, the finance minister said on Friday after the U.S. automaker called for cooperation over its restructuring efforts.

companyNews reuters.com

UPDATE 1-Brazilian steelmaker CSN mulls asset sales, but 'not under pressure'

SAO PAULO, Feb 7 (Reuters) - Brazilian steelmaker Cia Siderúrgica Nacional is considering selling assets to reduce debt but is not "under pressure" to do so as it expects to conclude talks to refinance its debt with state banks, a senior executive told Reuters on Wednesday.

technologyNews reuters.com

Goldman in talks with Apple to finance iPhone sales: WSJ

(Reuters) - Goldman Sachs is in talks to offer financing to shoppers buying Apple products including iPhones, the Wall Street Journal reported on Wednesday.

PersonalFinance reuters.com

Emerging markets suffer $4 billion outflows, biggest since U.S. election, IIF says

LONDON (Reuters) - Investors have pulled nearly $4 billion out of emerging markets since Jan. 30, according to data from the Institute of International Finance (IIF) - the biggest slump since the...

technologyNews reuters.com

Seattle says Facebook is violating city campaign finance law

SAN FRANCISCO (Reuters) - Seattle's election authority said on Monday that Facebook Inc is in violation of a city law that requires disclosure of who buys election ads, the first attempt of its kind to regulate U.S. political ads on the internet.

technologyNews reuters.com

Two UK investors eye $80 million in token sale for VC platform

NEW YORK (Reuters) - Scottish entrepreneurs Doug Barrowman and Michelle Mone are seeking to raise about $80 million in a token offering next month to finance an investment platform that they say should open up venture capital investing to a wider audience.

technologyNews reuters.com

Seattle finds Facebook in violation of city campaign finance law

SAN FRANCISCO (Reuters) - Seattle's election authority said on Monday that Facebook Inc is in violation of a city law that requires disclosure of who buys election ads, the first attempt of its kind to regulate U.S. political ads on the internet.

technologyNews reuters.com

India to bar cryptocurrencies from its payments system: finance ministry official

NEW DELHI (Reuters) - India is planning steps to ensure cryptocurrencies are illegal within its payments system, while at the same time appointing a regulator to oversee unregulated exchanges that trade in "crypto assets," a finance ministry official said on Monday.

sportsNews reuters.com

Boxing could face expulsion from Games, IOC warns

PYEONGCHANG, South Korea (Reuters) - Boxing could be knocked out of the next Olympic Games if the International Olympic Committee is not satisfied problems with the sport's finances and governance are sorted out, IOC President Thomas Bach warned on Sunday.

technologyNews reuters.com

Sony CEO Hirai to step down, turnaround ally Yoshida to take helm

TOKYO (Reuters) - Japan's Sony Corp said CEO Kazuo Hirai would be handing over the reins to finance chief Kenichiro Yoshida, while at the same time forecast a record annual profit that highlights the revival in fortune that they have both engineered.

technologyNews reuters.com

Japan regulator conducting on-site inspection of Coincheck: Aso

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Friday that financial regulators were conducting an on-site inspection of Coincheck, after hackers last week stole more than $500 million from the cryptocurrency exchange.

domesticNews reuters.com

Detroit expects to end state oversight this spring

(Reuters) - Detroit expects to emerge soon from three years of state supervision of its post-bankruptcy finances after the city ended its last fiscal year with a budget surplus, a city official said on Thursday.

worldNews reuters.com

France to finance exports to Iran, aims to sidestep U.S. sanctions

PARIS (Reuters) - France will start offering euro-denominated credits to Iranian buyers of its goods later this year, a move to bolster trade while keeping it outside the reach of U.S. sanctions, the head of state-owned investment bank Bpifrance said.

technologyNews reuters.com

India vows to eliminate use of cryptocurrencies

NEW DELHI (Reuters) - India will move to stamp out use of cryptocurrencies, which it considers illegal, Finance Minister Arun Jaitley said on Thursday, launching a no-holds-barred attack on virtual currencies such as Bitcoin.

Infrastructure (Public Works) nytimes.com

Trump’s $1.5 Trillion Infrastructure Plan Is Light on Federal Funds, and Details

The proposal received a cool reception from Democrats, who disagree with the president over how to finance the nation’s ailing roads, bridges and other infrastructure.

politicsNews reuters.com

Illinois governor pitches bipartisanship to aid state finances

CHICAGO (Reuters) - Illinois' Republican Governor Bruce Rauner on Wednesday called for a collaborative effort with Democrats to tackle rising pension costs and restore the state's "financial integrity."

cnn.com

CDC head resigns over 'complex' finances

Dr. Brenda Fitzgerald, director of the US Centers for Disease Control and Prevention resigned from her position on Wednesday. The move comes one day after POLITICO reported Fitzgerald's purchase of tobacco stock after she assumed the position of the nation's public health agency. Such an investment is an obvious conflict with the mission of the CDC.

businessNews reuters.com

South Korea says no plans to ban cryptocurrency exchanges, uncovers $600 million illegal trades

SEOUL (Reuters) - South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

technologyNews reuters.com

Japan's Aso tells cryptocurrency exchanges to strengthen controls after $530 million theft

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that management systems at cryptocurrency exchanges needed to be strengthened after hackers stole $530 million of digital money from Tokyo-based Coincheck.

#MeToo Movement nytimes.com

How the Finance Industry Is Trying to Cash In on #MeToo

Small financial firms, backed by hedge funds, are angling for business from sexual harassment victims. The industry has a checkered history.

companyNews reuters.com

UPDATE 4-Wynn resigns as RNC finance chair after sexual misconduct allegations

WASHINGTON, Jan 27 (Reuters) - Las Vegas casino mogul Steve Wynn resigned as finance chairman of the Republican Party's fundraising arm on Saturday, a day after a newspaper reported that he routinely subjected women who worked for him to unwanted sexual advances.

companyNews reuters.com

UPDATE 3-Wynn resigns as RNC finance chair after sexual misconduct allegations

WASHINGTON, Jan 27 (Reuters) - Las Vegas casino mogul Steve Wynn resigned as finance chairman of the Republican Party's fundraising arm on Saturday, a day after a newspaper reported that he routinely subjected women who worked for him to unwanted sexual advances.

#MeToo Movement nytimes.com

Stephen Wynn Steps Down From R.N.C. Post After Sexual Misconduct Claims

Mr. Wynn, who had been selected for the committee finance position by President Trump, was facing growing calls to step aside.

businessNews reuters.com

Wynn resigns as RNC finance chair after sexual misconduct allegations

WASHINGTON (Reuters) - Las Vegas casino mogul Steve Wynn resigned as finance chairman of the Republican National Committee on Saturday, a day after the Wall Street Journal reported he routinely subjected women who worked for him to unwanted sexual advances.

companyNews reuters.com

UPDATE 2-Wynn resigns as RNC finance chair after sexual misconduct allegations

WASHINGTON, Jan 27 (Reuters) - Las Vegas casino mogul Steve Wynn resigned as finance chairman of the Republican National Committee on Saturday, a day after the Wall Street Journal reported he routinely subjected women who worked for him to unwanted sexual advances.

cnn.com

Casino mogul and Republican National Committee finance chairman faces sexual misconduct allegations

Steve Wynn is resigning from his position as RNC finance chairman, according to two Republican officials.

businessNews reuters.com

Wynn resigns from RNC finance chair post: Politico

WASHINGTON (Reuters) - Las Vegas casino mogul Steve Wynn has resigned from his position as Republican National Committee finance chair amid allegations of sexual misconduct, Politico reported on Saturday, citing three Republicans familiar with the decision.

companyNews reuters.com

UPDATE 1-Wynn resigns from RNC finance chair post -Politico

WASHINGTON, Jan 27 (Reuters) - Las Vegas casino mogul Steve Wynn has resigned from his position as Republican National Committee finance chair amid allegations of sexual misconduct, Politico reported on Saturday, citing three Republicans familiar with the decision.

cnn.com

Wynn spoke at Mar-a-Lago last week

Steve Wynn resigned Saturday from his role as the Republican National Commitee's finance chair a day after several allegations of sexual misconduct surfaced.

companyNews reuters.com

Wynn to resign from RNC finance chair post - Politico

WASHINGTON, Jan 27 (Reuters) - Las Vegas casino mogul Steve Wynn is resigning from his position as Republican National Committee finance chair amid allegations of sexual misconduct, Politico reported on Saturday, citing three Republicans familiar with the decision.

cnn.com

Hear Trump thank Steve Wynn last week

The Wall Street Journal reports that casino magnate and RNC finance chairman Steve Wynn is accused of decades of sexual misconduct. Wynn denies the allegations.

companyNews reuters.com

BRIEF-China Investment Corp Reports 15.75 Pct Passive Stake In TPG RE Finance Trust

* CHINA INVESTMENT CORP REPORTS 15.75 PCT PASSIVE STAKE IN TPG RE FINANCE TRUST INC AS OF DEC 31, 2017 - SEC FILING Source text: (http://bit.ly/2FjrPfX) Further company coverage:

companyNews reuters.com

Global air finance titans ponder whether boom will ever end

DUBLIN, Jan 26 (Reuters) - As the titans of the $140-billion a year aircraft financing industry gathered in Dublin this week to celebrate an unprecedented boom, a few were casting a cold eye on mistakes of the past - and whether they could happen again.

worldNews reuters.com

Swiss finance minister dashes hopes for new EU treaty: NZZ

ZURICH (Reuters) - It is politically impossible for neutral Switzerland to sign in the foreseeable future a new treaty binding it closer to the European Union despite pressure from Brussels, Finance Minister Ueli Maurer said in a newspaper interview.

Fuel Emissions (Transportation) nytimes.com

10 Monkeys and a Beetle: Inside VW’s Campaign for ‘Clean Diesel’

An experiment that produced false data sheds light on how German automakers financed scientific research to promote their political agenda.

technologyNews reuters.com

Russia's finance ministry ready to regulate, not ban crypto-FX

MOSCOW (Reuters) - Russia's finance ministry said on Thursday it was working on legislation that would regulate crypto-currency transactions without fully banning them, although it would not let digital FX be used as a mean of payment in Russia.

companyNews reuters.com

UPDATE 1-Mexico's Congress approves first woman on central bank board

MEXICO CITY, Jan 24 (Reuters) - Former finance ministry official Irene Espinosa was on Wednesday confirmed by Congress as the first woman to serve on the board of the Mexican central bank, taking the seat previously occupied by the bank's new governor.

PersonalFinance reuters.com

U.S. business borrowing for equipment rises about 6 percent in December: ELFA

(Reuters) - U.S. companies' borrowing to spend on capital investment rose about 6 percent in December from a year earlier, the Equipment Leasing and Finance Association (ELFA) said.

technologyNews reuters.com

Baidu seeks new investors for finance unit in up to $2 billion deal: sources

HONG KONG (Reuters) - Chinese search engine Baidu Inc is seeking new investors for its wholly-owned finance unit, in a deal that could fetch up to $2 billion and deepen its push into financial services, people with knowledge of the matter said.

companyNews reuters.com

GECAS' Burger says GE break-up not on cards

DUBLIN, Jan 24 (Reuters) - General Electric Co is looking at alternative structuring arrangements, not a break-up of the company, the head of its aircraft finance unit, GECAS, Alec Burger said on Wednesday.

companyNews reuters.com

Russia's VTB agrees to 5 bln euro loan to China's CEFC - RIA

MOSCOW, Jan 24 (Reuters) - Russian state bank VTB said on Wednesday it had agreed to loan 5 billion euros ($6.15 billion) to China's CEFC to finance the purchase of shares in Rosneft, the RIA news agency reported.

companyNews reuters.com

Morning News Call - India, January 24

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01242018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 8:15 am: PNB Housing Finance post-earnings analyst conference call in Mumbai. 11:00 am: Bank of Baroda CEO P.S. Jayakumar and Bank of Baroda Executive Director Ashok Kumar at launch of 5x rewards

worldNews reuters.com

U.S. stresses Lebanon must cut Hezbollah from financial system

BEIRUT (Reuters) - Lebanon must cut Iran-backed Hezbollah from the financial sector, a U.S. official on combating illicit finance said on Tuesday, two weeks after Washington began a new push to disrupt the militant group's global financing routes.

businessNews reuters.com

Online lender SoFi nabs Twitter executive Noto as CEO

(Reuters) - Wall Street banker turned Silicon Valley executive Anthony Noto has left Twitter Inc to become chief executive officer of online lender Social Finance Inc, the companies said on Tuesday.

companyNews reuters.com

UPDATE 2-Twitter COO Noto jumps ship to head online lender SoFi

Jan 23 (Reuters) - Twitter Inc's Chief Operating Officer Anthony Noto has resigned to join online lender Social Finance Inc (SoFi) as its chief executive officer.

technologyNews reuters.com

Twitter COO Noto jumps ship to head online lender SoFi

(Reuters) - Twitter Inc's Chief Operating Officer Anthony Noto resigned to join online lender Social Finance Inc (SoFi) as its chief executive officer, sending the microblogging site's shares down more than 3 percent in early trading on Tuesday.

technologyNews reuters.com

Twitter COO Anthony Noto resigns to join online lender SoFi

(Reuters) - Twitter Inc's Chief Operating Officer Anthony Noto resigned to join online lender Social Finance Inc (SoFi) as its chief executive officer.

companyNews reuters.com

UK Stocks-Factors to watch on Jan 23

Jan 23 (Reuters) - Britain's FTSE 100 index is seen opening 18 points higher at 7,733.1 on Tuesday, according to financial bookmakers. * PRUDENTIAL: Britain's largest insurer Prudential said on Tuesday it had agreed to sell its consumer finance business in Vietnam to a unit of South Korea's Shinhan Financial Group 055550.KS for $151 million. * SHELL: Anglo-Dutch oil company Shell has hired a former executive of U.S.-based First Solar to lead its solar energy business in Latin Am

companyNews reuters.com

Toshiba completes sale of Westinghouse claims, replenishes finances

TOKYO, Jan 23 (Reuters) - Toshiba Corp said on Tuesday it has completed the sale of its claims against bankrupt U.S. nuclear unit Westinghouse Electric Co LLC, a move that allows the Japanese conglomerate to replenish its depleted capital base and remain listed.

companyNews reuters.com

Morning News Call - India, January 23

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01232018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 11:00 am: Telecom CEOs meeting with TRAI Chairman R.S. Sharma in New Delhi. 12:00 pm: United Spirits post-earnings analyst conference call in Mumbai. 12:30 pm: Finance Minister Arun Jaitley,

cnn.com

Campaign complaint filed over reported Trump porn star payment

The group Common Cause has lodged complaints alleging that a reported hush payment for a porn star to stay quiet about an alleged affair with Donald Trump in 2006, before he was elected President, constitutes a campaign finance violation.

companyNews reuters.com

UPDATE 1-UK Stocks-Factors to watch on Jan 19

(Adds company news items, futures) Jan 19 (Reuters) - Britain's FTSE 100 futures were up 0.15 percent ahead of the cash market open on Friday. * ESURE: British insurer esure Group Plc said on Friday Stuart Vann, its chief executive since 2012, would step down immediately by mutual consent and its finance head Darren Ogden would take over as interim CEO. * CARPETRIGHT: Britain's biggest floor coverings retailer Carpetright warned on full-ye

companyNews reuters.com

BRIEF-CWB Franchise Finance Partners With Lone Star Texas Grill On Development Line Facility

* CWB FRANCHISE FINANCE PARTNERS WITH LONE STAR TEXAS GRILL ON DEVELOPMENT LINE FACILITY

technologyNews reuters.com

France, Germany to make joint bitcoin regulation proposal at G20 summit

PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.

companyNews reuters.com

UPDATE 2-S.Africa's Ramaphosa piles pressure on Zuma with anti-graft call

* Anti-graft push puts global firms under scrutiny (Recasts, adds finance minister, details)

companyNews reuters.com

BRIEF-Axis Auto Finance announces upsize of previously announced financing

* AXIS AUTO FINANCE ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED FINANCING

companyNews reuters.com

UPDATE 1-Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

* Toshiba to sell claims in Westinghouse to group led by Baupost

companyNews reuters.com

After FT's Interserve report, Britain says none of its suppliers are comparable to Carillion

LONDON, Jan 17 (Reuters) - Britain said that it does not believe any of its suppliers are in a comparable position to failed outsourcer Carillion after the Financial Times reported that the government was monitoring peer Interserve due to concern over its finances.

businessNews reuters.com

Bitcoin falls 25 percent to $10,200 on Bitstamp exchange

SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.

companyNews reuters.com

BRIEF-Freddie Mac Financed $73.2 Billion In Loan Purchase & Guarantee Volume For 2017​

* FREDDIE MAC - ‍ FINANCED $73.2 BILLION IN LOAN PURCHASE & GUARANTEE VOLUME FOR 2017​ Source text for Eikon: Further company coverage:

sportsNews reuters.com

AC Milan's owner says nothing illegal in deal with Berlusconi

MILAN (Reuters) - AC Milan's president said on Tuesday his purchase of the soccer club from former Italian premier Silvio Berlusconi was conducted legally and transparently after a finance police report indicated potentially suspicious elements in the deal.

businessNews reuters.com

GE to take $6.2 billion charge in its finance arm

(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said.

companyNews reuters.com

GE to take $6.2 bln charge in its finance arm in fourth quarter

Jan 16 (Reuters) - U.S. industrial conglomerate General Electric Co said on Tuesday it would record an after-tax charge of $6.2 billion for the fourth quarter related to its finance arm's run-off insurance portfolio.

businessNews reuters.com

Exclusive: Saudi Aramco snubs UBS and Bank of America for listing roles - sources

LONDON (Reuters) - Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they have not lent money to the state oil giant in recent years, according to five finance sources.

businessNews reuters.com

Bitcoin slides 14 percent on crackdown fears, hits four-week low

LONDON (Reuters) - Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.

companyNews reuters.com

UPDATE 1-HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources

SHANGHAI/SINGAPORE, Jan 15 (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

companyNews reuters.com

MOVES-HSBC's Ramesh switches to Jefferies

LONDON, Jan 15 (IFR) - Jefferies has appointed Bala Ramesh as European co-head of leveraged finance alongside Nick Rodolakis. He joins from HSBC, where he was a senior member of the European leveraged credit syndicate.

businessNews reuters.com

HNA's problems mount as airlines delay payments, bank sets up team to handle debt: sources

SHANGHAI/SINGAPORE (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

companyNews reuters.com

HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources

SHANGHAI/SINGAPORE, Jan 15 (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

worldNews reuters.com

Spanish, Dutch deny joint plan to seek softer Brexit

AMSTERDAM (Reuters) - The Netherlands and Spain have not reached an agreement about how Britain should leave the European Union, a Dutch Finance Ministry official said on Friday, denying an earlier report of a deal that drove sterling sharply higher.

healthNews reuters.com

France's Lactalis forced into new recall in baby milk scare

PARIS (Reuters) - French dairy group Lactalis is widening a product recall to cover all baby milk manufactured by a factory at the center of a salmonella contamination, Finance minister Bruno Le Maire said on Friday.

healthNews reuters.com

Lactalis to widen baby milk recall to all products from plant: minister

PARIS (Reuters) - Dairy group Lactalis is to widen a product recall to cover all baby milk manufactured at its Craon factory in northwest France, after a salmonella contamination, Finance minister Bruno Le Maire said on Friday.

technologyNews reuters.com

France to vet takeovers of firms in data and artificial intelligence

PARIS (Reuters) - The French government aims to broaden its powers to block foreign takeovers of French companies deemed as strategic, to also include firms involved in data protection and artificial intelligence ('AI'), the finance minister said on Friday.

worldNews reuters.com

Head of Mexico's financial crimes unit resigns: sources

MEXICO CITY (Reuters) - The head of the Mexico's Financial Intelligence Unit, a part of the finance ministry tasked with combating and preventing money laundering, resigned on Wednesday, two sources with direct knowledge of the matter told Reuters.

companyNews reuters.com

UPDATE 2-British PM May to meet finance bosses on Brexit

LONDON, Jan 10 (Reuters) - Britain's Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain's European Union exit will mean for them.

companyNews reuters.com

UK's PM May to meet finance bosses to discuss Brexit-sources

LONDON, Jan 10 (Reuters) - Britain's Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain's divorce from the European Union will mean for the industry, two sources familiar with the matter said.

companyNews reuters.com

Israel's El Al to get $135 mln in loans from foreign banks

* El Al Israel Airlines said on Wednesday it signed a memorandum of understanding for loans of $135 million from foreign banks to finance the purchase of a 787-900 jet from Boeing.

businessNews reuters.com

Continental to flesh out possible overhaul by the summer: CFO

BERLIN/HAMBURG (Reuters) - Germany's Continental is in talks with banks about a possible structural overhaul of the auto parts and tire maker and aims to flesh out its plans within six months, its finance chief said.

worldNews reuters.com

Mexico governor says federal funding withheld in graft probe dispute

MEXICO CITY (Reuters) - A Mexican state governor on Monday accused the finance ministry of withholding federal funds to punish his administration for launching an investigation into alleged corruption that has embarrassed the ruling Institutional Revolutionary Party (PRI).

worldNews reuters.com

Pension crisis looms as Afghanistan grapples to fix public finances

KABUL (Reuters) - In a country not short of problems, a looming pensions crisis that could cripple Afghanistan's budget in coming years is a new headache for a government dependent on increasingly war-weary foreign donors.

companyNews reuters.com

Fresenius CFO backs acquisition course -Boersen-Zeitung

FRANKFURT, Jan 7 (Reuters) - German healthcare group Fresenius will continue to look for acquisitions even if that leads to a temporary rise in debt, Boersen-Zeitung quoted the company's finance chief as saying.

worldNews reuters.com

Britain's May to change government ministers soon, senior figures reported to be safe

LONDON (Reuters) - British Prime Minister Theresa May said on Sunday she would announce changes to her ministerial team soon, with media reports saying her foreign, finance, interior and Brexit ministers would keep their jobs in a reshuffle starting on Monday.

worldNews reuters.com

UK's May to rejig cabinet on Monday, senior ministers safe: report

LONDON (Reuters) - British Prime Minister Theresa May will announce changes to her ministerial cabinet on Monday but her foreign, finance, interior and Brexit ministers will keep their jobs, the Sunday Times newspaper reported.

Alcoholic Beverages nytimes.com

Yukon Government Gives In to Liquor Industry on Warning Label Experiment

As part of a government-financed study, warning labels of the health risks of alcohol were put on liquor bottles to test their effectiveness. The industry was not happy.

companyNews reuters.com

UPDATE 1-Banking crisis adviser named as head of Britain's finance watchdog

* New chair faces navigating watchdog through Brexit (Adds reaction, background)

companyNews reuters.com

EXPLAINER-Toshiba after the Westinghouse sale

TOKYO, Jan 5 (Reuters) - A $4.6 billion deal announced on Thursday to sell bankrupt U.S. nuclear plant maker Westinghouse Electric Co LLC will help its owner Toshiba Corp move a step closer to rebuilding its finances and focusing on smaller but more stable businesses.

businessNews reuters.com

China central bank can tell local governments to regulate bitcoin miners' power use: source

BEIJING (Reuters) - China's central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production, a source said.

companyNews reuters.com

BRIEF-Bio-Techne Acquires Atlanta Biologicals Inc

* BIO-TECHNE CORP - ‍TRANSACTION IS FINANCED THROUGH AVAILABLE CASH ON HAND​

politicsNews reuters.com

Republican Senator Hatch says will retire at end of current term

WASHINGTON (Reuters) - Republican Senator Orrin Hatch, the chairman of the tax-writing Senate Finance Committee, said on Tuesday he would retire at the end of his current term, opening the door to a potential Senate bid by former Massachusetts Governor Mitt Romney, the party's 2012 presidential nominee.

Teeth and Dentistry nytimes.com

Taiwan Dentist Is Ordered to Pay Mother, Who Financed His Education, Nearly $1 Million

He has already her paid $1 million, but was told to pay a lot more, under a contract he signed when he was 20.

companyNews reuters.com

BRIEF-Caxton Corp Reports A 5.3 Pct Passive Stake In CM Finance As Of Dec 20

* CAXTON CORP REPORTS A 5.3 PCT PASSIVE STAKE IN CM FINANCE INC AS OF DEC 20 - SEC FILING Source text: (http://bit.ly/2DTuMDg) Further company coverage:

worldNews reuters.com

Previously detained ex-finance minister Assaf seen at Saudi cabinet meeting

RIYADH (Reuters) - Saudi state minister Ibrahim al-Assaf was seen attending a cabinet meeting on Tuesday, according to a photograph published on official media, almost two months after the veteran official was reported detained in a crackdown on corruption.