Italy watchdog to summon Monte dei Paschi, Passera over dropped rescue plan: source

MILAN (Reuters) - Italy's market watchdog Consob plans to summon top executives of Monte dei Paschi and veteran banker Corrado Passera to explain the circumstances that led to Passera's dropping his rescue plan for the bank, a source close to the matter said.
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(Reuters) - U.S. stocks looked set to open higher on Tuesday, shrugging off a deadly bomb blast in Britain and ahead of U.S. President Donald Trump's first full budget plan that is aimed at slashing g
FRANKFURT (Reuters) - German carmaker Daimler on Tuesday said the Stuttgart public prosecutor’s office would search Daimler premises as part of a fraud probe related to the possible manipulation of e
While there's broad support for extending the effort to balance the market through production declines, Kuwait's oil minister said oil prices shouldn't spike.
Microsoft has added battery life and horsepower to its new Surface Pro line. The launch event, in Shanghai, is intended to signal a push to grab a slice of China’s fast-growing market for computing d
President Donald Trump's plan to sell off strategic oil reserves to balance the budget will take careful planning to avoid hurting oil prices, analysis finds.
Walgreens and Mental Health America say nearly 75% of visitors to the drugstore giant’s mental health site who completed screenings are moving toward follow-up behavioral health treatment.
BEIJING (Reuters) - China will further open its economy to foreign investors, through measures such as allowing investment in more industries, such as services, state television said on Tuesday, citin
Find out how well Regulation A+ suits your company as a way to raise $4 mill to $50 mill of growth capital, provide liquidity to founders and investors and optionally take your company public.
BRUSSELS (Reuters) - Germany's Finance Minister Wolfgang Schaeuble expressed some confidence on Tuesday that Greece's international creditors would overcome their differences and agree in three weeks
Bill Ford's decision to hire former Steelcase CEO Jim Hackett evokes similarities with the decision to hire Mulally in 2006. Both came from outside the industry, both were given a mandate to transform
HONG KONG/BEIJING (Reuters) - Chinese state-owned Sinochem and ChemChina are in merger talks to create the world's biggest industrial chemicals firm, to be headed by Sinochem chief Ning Gaoning, four
The Permian has undergone an 18-month transformation that has seen the region become the hottest basin on the planet. Since May '16, the rig count has increased from 116 to over 300; we expect it to e
LONDON (Reuters) - BHP has hired Barclays to divest its U.S. Fayetteville shale gas assets as the miner seeks to fend off an attack by activist funds, two sources close to the matter said on Tuesda
Apple already increasing capacity in India after just a week of local assembly?
PARIS (AP) — French President Emmanuel Macron is holding meetings with unions and business organizations to discuss reforming the country’s labor market, which many blame for France’s sub
The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm
There is no economic excuse for backing away from efforts to advance a low-carbon economy through collaborative efforts, the head of the OECD said from Berlin.
The modernized TACMS surface-to-surface missile system has completed its sixth flight test.
Pay checks have remained healthy for executives in the health care industry. A year after earning the highest compensation of any industry, health care remained close to the top in 2016. The typical
NEW YORK (AP) — The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by ex
NEW YORK (AP) — The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by ex
Here are the 10 highest-paid CEOs for 2016, as calculated by The Associated Press and Equilar, an executive data firm. ___ 1. Thomas Rutledge Charter Communications Inc. Most Read StoriesFamily of gi
For its annual study of CEO pay, The Associated Press used data provided by Equilar, an executive data firm. Equilar examined the regulatory filings detailing the pay packages of 346 executives. Equi
Here are the three CEOs who got the biggest pay raises last year, and the deepest pay cuts, as calculated by The Associated Press and Equilar, an executive data firm. ___ Top raises: ___ Most Read St
PARIS (Reuters) - France's consumer fraud watchdog believes Volkswagen made 22.78 billion euros ($25.65 billion) in sale proceeds on cars sold in the country with illegal defeat devices, Le Monde rep
HALIFAX - The leaders of Nova Scotia's three main political parties take their campaigns to Halifax City Hall today, a week before voters head to the polls. Each leader is scheduled ......
VIENNA (Reuters) - OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets this week to debate how to tackle a global glut o
Stronger expected demand moving into the long U.S. holiday weekend and higher crude oil prices means consumers are paying more for gas, AAA finds.
The possibility to tap geothermal resources in Mexico is what's drawing interest from global energy companies, French and Icelandic partners said.
WASHINGTON (Reuters) - The chief executive officers of two major American companies - retailer Target Corp and agribusiness Archer Daniels Midland Co - will offer countering views in a hearing befor
Optical component companies are a must own even now
LONDON (Reuters) - The euro set a new six-month month high on Tuesday and the region's shares made gains as the latest economic data made for some encouraging reading, especially in Germany.
Capitalism and innovative technology in the US still appears to be unbeatable. In 2014, OPEC refused to cut production in the face of low prices and surplus supply, hoping shale producers would cave.
Joyce Senfe was distraught when her husband walked out after 56 years of marriage. She was desperate to know if he’d return. So she went online and did a search for “Christian psychic.” That’s how

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