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TransCanada restarts Keystone pipeline at reduced pressure

The Canadian energy company said the U.S. Pipeline and Hazardous Materials Safety Administration approved the return to service plan for a controlled start Saturday evening. “As part of the return-to-service plan approved by PHMSA, TransCanada is operating the pipeline at reduced pressure,” the company said in

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TransCanada restarts Keystone pipeline at reduced pressure

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Bill Gross sees one or two Fed rate hikes in 2016: Barron’s

(Reuters) – Bond manager Bill Gross predicts that the U.S. Federal Reserve will raise interest rates once or twice in 2016, according to an interview in Barron's.

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Bill Gross sees one or two Fed rate hikes in 2016: Barron’s

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Tech start-ups snap at the heels of Asian private bankers

Scanning a bank statement into a computer may not sound particularly high-tech, but it's unsettling some of Asia's private bankers. By aggregating all the monthly statements mailed

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Tech start-ups snap at the heels of Asian private bankers

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Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

By Lisa Jucca HONG KONG (Reuters) – The Bank of Italy is carrying out an on-site inspection at the Italian offices of Bank of China Ltd , a Chinese state-owned bank already facing accusations of aiding illicit money flows from Italy to China, a source familiar with the situation said. Italian prosecutors are seeking to bring 297 people, mostly Chinese, as well as the Milan branch of Bank of China to trial on charges of allegedly smuggling more than 4.5 billion euros ($5.12 …

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Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

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IMF supports move to negative rates by some central banks

The International Monetary Fund said on Sunday that a move to negative rates by some of the world's central banks would help deliver extra monetary stimulus and ease lending conditions. Six of the world's central banks have introduced negative rates, most notably the Bank of Japan and the European Central Bank, and around a quarter of the world economy by output is now experiencing official rates that are less than zero.

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IMF supports move to negative rates by some central banks

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Greece demands IMF explanation over leaked debt transcript

By Lefteris Papadimas ATHENS (Reuters) – Greece demanded an explanation from the International Monetary Fund on Saturday after an apparent leaked transcript suggested the IMF may threaten to pull out of the country's bailout as a tactic to force European lenders to more offer debt relief. EU/IMF lenders will resume talks in Athens on Greece's…

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Greece demands IMF explanation over leaked debt transcript