european-union

Fed’s Lockhart: Two rate hikes this year ‘certainly possible’, flags Brexit risk

The United States could see two further interest rate rises this year but uncertainties abound including the impact on the U.S. economy should Britain vote to leave the European Union, Atlanta Fed President Dennis Lockhart said on Tuesday. On that front, Lockhart said that incoming data between now and the Fed's next meeting on June 14-15 “is not comprehensive by any stretch of the imagination” and that the upcoming Brexit vote in Britain raised risks. “It is…

Read more from the original source: 
Fed’s Lockhart: Two rate hikes this year ‘certainly possible’, flags Brexit risk

european-union

Fed may need more powers to support securities firms during crises: Dudley

By Lindsay Dunsmuir AMELIA ISLAND, Fla (Reuters) – The U.S. Federal Reserve may need more powers to provide emergency funding to securities firms in times of extreme stress in order to deal with a liquidity crunch, New York Federal Reserve President William Dudley said on Sunday. “Providing these firms with access to the discount window might be worth exploring,” Dudley said in prepared remarks at a financial markets conference in Amelia Island, Florida organized by the Atlanta Fed. The discount window is a credit facility through which…

Here is the original post:
Fed may need more powers to support securities firms during crises: Dudley

european-union

ICE may have more time to consider bid for London bourse

By Sophie Sassard and Huw Jones LONDON (Reuters) – London Stock Exchange Group and Deutsche Boerse may have to delay a vote on their proposed merger until after Britain's EU referendum, handing more time to Intercontinental Exchange to decide whether to make a counter-bid for the British bourse. LSEG had been expected to hold a special shareholder meeting to approve the merger with Deutsche Boerse before Britain votes on June 23 on whether to quit the EU. …

Read the original:
ICE may have more time to consider bid for London bourse

european-union

U.S., EU officials say they will not settle for limited trade deal

By David Lawder NEW YORK (Reuters) – U.S. and European Union trade officials said on Thursday they would not settle for a limited trans-Atlantic free trade deal that ignores deep divisions on agricultural products, services, public procurement and dispute resolution. In separate briefings during the latest negotiating round in New York, the U.S. and EU officials said they would …

Read the original post: 
U.S., EU officials say they will not settle for limited trade deal

european-union

Uber says gave U.S. agencies data on more than 12 million users

Uber Technologies Inc [UBER.UL] on Tuesday released its first ever transparency report detailing the information requested by not only U.S. law enforcement agencies, but also by regulators. The ride-sharing company said that…

View post:
Uber says gave U.S. agencies data on more than 12 million users

european-union

IMF cuts global growth outlook again, warns of political risks

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday of the risk of political isolationism, notably Britain's possible exit from the European Union, and growing economic inequality as it cut its global growth forecast …

See original here: 
IMF cuts global growth outlook again, warns of political risks

european-union

France fines Google over ‘right to be forgotten’

By Julia Fioretti BRUSSELS (Reuters) – The French data protection authority said it has fined Google 100,000 euros ($111,720) for not scrubbing web search results widely enough in response to a European privacy ruling. The only way for Google to uphold the privacy ruling was by delisting results popping up under name searches and linking them instead to outdated information across all its websites, the Commission Nationale de l'Informatique et des…

Read more from the original source:
France fines Google over ‘right to be forgotten’

european-union

U.S. judge rejects motion to review GM ignition switch deal

The motion filed by Lance Cooper, a Georgia attorney who first publicly exposed the defect, accused a lawyer leading federal litigation over the switch, Robert Hilliard, of mismanaging the cases and negotiating a multimillion dollar settlement primarily to benefit his own clients, rather than all plaintiffs. Cooper had asked U.S. District Judge Jesse Furman in Manhattan, who oversees the federal switch litigation…

See original here:
U.S. judge rejects motion to review GM ignition switch deal

european-union

Google to scrub web search results more widely to soothe EU objections

By Julia Fioretti BRUSSELS (Reuters) – Google will start scrubbing search results across all its websites when accessed from a European country to soothe the objections of Europe's privacy regulators to its implementation of a landmark EU ruling, a person close to the company said. The U.S. company has been at loggerheads with several European Union data …

View post:
Google to scrub web search results more widely to soothe EU objections

« Previous Page