Volkswagen boss says U.S. tariffs could cost up to 2.5 billion euros: Financial Times

FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, poses during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt FRANKFURT (Reuters) – The biggest threat... Read more »

Johnson & Johnson receives federal subpoenas related to baby powder litigation

(Reuters) – Johnson & Johnson said Wednesday it has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged asbestos... Read more »

Standard Chartered sets aside $900 million to cover U.S., British fines

(Reuters) – Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from investigations by regulators in Britain and the United States, it said on Thursday,... Read more »

RPT-UPDATE 1-Managers hired for Toshiba Memory IPO, possibly Japan’s biggest in 2019-sources

(Repeats story that first ran late on Wednesday.) * Nomura, Mitsubishi UFJ Morgan Stanley picked * Bain-led consortium bought Toshiba Memory last year for $18 bln * Toshiba Corp... Read more »

Fed minutes leave questions on balance sheet, patience

(Reuters) – Federal Reserve policymakers on Wednesday gave little sense of how long their “patient” stance on U.S. interest rate policy would last, and while promising “before too long”... Read more »

Viacom keeps cutting cord, will stream programs on fuboTV

FILE PHOTO: The Viacom logo is displayed on the doors of a building in midtown Manhattan in New York, U.S., February 27, 2018. REUTERS/Lucas Jackson/File Photo (Reuters) – Viacom... Read more »

Estonian prosecutor looking into alleged Swedbank links to money laundering scandal

TALLINN, Feb 20 (Reuters) – Estonia’s state prosecutor is investigating allegations in a Swedish television report that Swedbank was linked to suspicious transactions with Danske Bank, a spokeswoman for... Read more »

U.S. ambassador to Italy visits Telecom Italia headquarters

U.S. President Donald Trump’s nominee for ambassador to Italy Lewis Eisenberg testifies at the Senate Foreign Relations Committee hearing on his nomination on Capitol Hill in Washington, U.S. July... Read more »

UK regulator raises big objections to Sainsbury’s-Asda deal

LONDON (Reuters) – Britain’s competition regulator said on Wednesday Sainsbury’s planned $9.5 billion takeover of Walmart-owned Asda should either be blocked or require the sale of a significant number... Read more »

Lockheed unveils new F-21 fighter jet configured for India

The logo of Lockheed Martin is seen at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018. REUTERS/Benoit Tessier NEW DELHI (Reuters) –... Read more »