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Ex-Barclays trio 'cheated global financial system', Euribor trial told

6 days ago DieselGasoil Comments Off on Ex-Barclays trio 'cheated global financial system', Euribor trial told
LONDON (Reuters) – Three former Barclays (BARC.L) bankers cheated the global financial system to gain an unfair edge over counterparties in a five-year plot to rig Euribor interest rates, a London prosecutor alleged on Tuesday. FILE PHOTO: Banker, Colin Bermingham leaves Westminster Magistrates court in London, Britain, January 11, 2016. REUTERS/Peter Nicholls James Waddington, a Read More

US pullout from Syria starts amid confusion over timetable

1 week ago DieselGasoil Comments Off on US pullout from Syria starts amid confusion over timetable
Colonel Sean Ryan, spokesman for the US-led coalition fighting Islamic State, said the process of removing troops for the country had started. But the Baghdad-based official did not give details and it is unclear how many vehicles or troop units had been withdrawn. “Out of concern for operational security, we will not discuss specific timelines, Read More

Are age-based funds protecting U.S. investors close to retirement?

1 week ago DieselGasoil Comments Off on Are age-based funds protecting U.S. investors close to retirement?
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) One of the biggest trends in retirement saving over the past decade has been the shift to target date funds – broadly diversified mutual fund products that automatically adjust the blend of stocks and bonds as your retirement date Read More

Trump says China to cut tariffs on U.S.-made autos after trade war truce

2 months ago DieselGasoil Comments Off on Trump says China to cut tariffs on U.S.-made autos after trade war truce
WASHINGTON/BEIJING (Reuters) – China has agreed to “reduce and remove” tariffs below the 40 percent level that Beijing is currently charging on U.S.-made vehicles, U.S. President Donald Trump said, as a trade war truce between the two countries gathers pace, cheering markets. FILE PHOTO : A woman looks at Ford cars at a dealer shop Read More

China media welcomes U.S. trade truce, markets surge

2 months ago DieselGasoil Comments Off on China media welcomes U.S. trade truce, markets surge
BEIJING/SHANGHAI (Reuters) – Chinese state media gave a cautious welcome on Monday to the trade war truce agreed by China and the United States at the weekend, as Chinese shares, commodities and the yuan currency surged even as uncertainly remains about the deal. U.S. President Donald Trump and Chinese President Xi Jinping attend a working Read More

Unilever CEO retires after headquarters row, replaced by insider Jope

2 months ago DieselGasoil Comments Off on Unilever CEO retires after headquarters row, replaced by insider Jope
LONDON (Reuters) – Unilever’s (ULVR.L) Chief Executive Paul Polman will step down next month after 10 years in the job, leaving insider Alan Jope to step into his shoes after the Anglo-Dutch group’s failed attempt to shift its headquarters. A UK investor revolt forced Polman and the Unilever board to scrap a plan in October Read More

Unilever CEO retires after investor row, replaced by insider Jope

2 months ago DieselGasoil Comments Off on Unilever CEO retires after investor row, replaced by insider Jope
LONDON (Reuters) – Unilever (ULVR.L) Chief Executive Paul Polman is retiring less than two months after a damaging row with shareholders and will be succeeded in January by Alan Jope, the head of the Anglo-Dutch group’s beauty business. FILE PHOTO: Paul Polman, chief executive officer of Unilever Plc, attends the MEDEF union summer forum on Read More