are-preparing

Asia’s factories stay sluggish, stimulus lacks traction

Japanese manufacturing activity shrank in April at the fastest pace in more than three years as deadly earthquakes disrupted production, while output in China and the rest of Asia remained lukewarm at best. “The backdrop remains one of sub-trend growth, inflation that is below target, difficulty …

View post:
Asia’s factories stay sluggish, stimulus lacks traction

are-preparing

As oil plows through $45 a barrel, U.S. producers rush to lock in prices

The flurry of dealing kicked off when prices pierced $45 per barrel earlier in April. While it was not clear if oil prices will remain at current levels, it may also be a sign producers are preparing to add rigs and ramp up output. This

More here: 
As oil plows through $45 a barrel, U.S. producers rush to lock in prices

are-preparing

Jailed Libor trader Tom Hayes appeals 14-year sentence, conviction

Tom Hayes, the first trader convicted by a jury of manipulating Libor benchmark interest rates, on Tuesday begins a two-day, appeal against his conviction and a 14-year jail sentence, one of the toughest to date for white collar crime. The London case is being heard by Lord Chief Justice John Thomas — the head…

See the rest here:
Jailed Libor trader Tom Hayes appeals 14-year sentence, conviction

are-preparing

Fed approves curb to future ‘too big to fail’ lending

The Federal Reserve Board on Monday approved a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial decision to aid AIG , Citigroup and others in 2008. The rule, unanimously approved by the Fed's Washington-based board in an open meeting, requires that any future emergency lending be only “broad-based” to address larger financial market…

Read the original here:
Fed approves curb to future ‘too big to fail’ lending

are-preparing

FTC preparing to block Staples-Office Depot deal: NY Post

(Reuters) – U.S. antitrust regulators are preparing to block Staples Inc's acquisition of smaller rival Office Depot Inc , the New York Post reported. The Federal Trade Commission (FTC) may again delay its decision on the deal, seeking more concessions from Staples, NY Post reported, citing two people familiar with the matter. Two of the four FTC commissioners looking into the deal are believed to oppose it, the

Read more from the original source:
FTC preparing to block Staples-Office Depot deal: NY Post