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New York nabs global property crown from London on Brexit fears

New York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a

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New York nabs global property crown from London on Brexit fears

JPMorgan ends WaMu disputes with FDIC, to receive $645 million

JPMorgan Chase & Co on Friday said it will receive $645 million in a settlement of litigation with the Federal Deposit Insurance Corp and Deutsche Bank AG arising from its purchase of Washington Mutual Inc's banking operations during the financial crisis in 2008. According to a regulatory filing, JPMorgan will collect the cash payment from the estate of Washington Mutual Bank, for which the FDIC acts as receiver.

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JPMorgan ends WaMu disputes with FDIC, to receive $645 million

VW says talks to end supplier dispute will resume on Monday

Volkswagen is seeking a negotiated settlement with suppliers in a dispute over contracts that is halting production at some of its plants and talks will resume on Monday, the German carmaker said. “Naturally, we remain in talks with the suppliers,” a VW spokesman said, adding that the negotiations had run late into the night

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VW says talks to end supplier dispute will resume on Monday

Viacom says CEO Dauman to resign post immediately; Dooley steps in

By Jessica Toonkel NEW YORK (Reuters) – Viacom Inc said on Saturday that Chief Executive Philippe Dauman will resign immediately, marking a victory for the family of controlling shareholder Sumner Redstone in the battle for the $40 billion media empire. The settlement with Dauman also ends the legal fight between members of the Viacom board and Redstone's National Amusements Inc, the privately held company that holds 80 …

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Viacom says CEO Dauman to resign post immediately; Dooley steps in

BOJ’s Kuroda says won’t rule out deepening negative rate cut-Sankei

The Bank of Japan will not rule out deepening a cut to negative rates it introduced in February, the Sankei newspaper quoted Governor Haruhiko Kuroda as saying, even as the controversial policy has failed to spur inflation or economic growth. In an interview with the daily, Kuroda said the BOJ's negative rate policy has not reached its limits. “The degree of negative rates introduced by European central banks is bigger than Japan.

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BOJ’s Kuroda says won’t rule out deepening negative rate cut-Sankei

Fed guessing game moves up a gear as Yellen takes stage

The debate over whether the U.S. Federal Reserve is readying an interest rate hike will get its umpteenth airing over the coming week, with all eyes on Chair Janet Yellen to provide some clarity. Amid conflicting signals from the Fed in recent days, central bankers from around the world will gather from Aug. 25 for an annual meeting in the mountains of Jackson Hole, Wyoming, with Yellen due to speak the following day. “Yellen could provide her current assessment of the outlook for job growth, …

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Fed guessing game moves up a gear as Yellen takes stage

Goldman seeks to force ex-employee in Fed leak case to arbitrate

Goldman Sachs Group Inc filed a lawsuit on Thursday seeking to force a former managing director to arbitrate his claim for legal fees stemming from probes into his alleged use of confidential …

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Goldman seeks to force ex-employee in Fed leak case to arbitrate

Monte dei Paschi CEO says probe ’emotionally difficult’

By Valentina Za and Stephen Jewkes MILAN (Reuters) – The latest judicial probe into Monte dei Paschi di Siena is a procedural necessity but it could still damage Italy's third-largest bank as it seeks to solve its

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Monte dei Paschi CEO says probe ’emotionally difficult’

Pokemon Go spurs lifestyle changes, business boom as it rolls out in Asia

By Eveline Danubrata and Glenys Kirana JAKARTA (Reuters) – Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network signals in …

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Pokemon Go spurs lifestyle changes, business boom as it rolls out in Asia

Viacom and controlling shareholder Sumner Redstone agree on settlement: sources

By Jessica Toonkel NEW YORK (Reuters) – – Viacom Inc and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman, two sources familiar with the situation told Reuters on Thursday. The settlement would end the battle for control over Redstone's $40 billion empire that includes Viacom and CBS, and which has been …

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Viacom and controlling shareholder Sumner Redstone agree on settlement: sources

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