UK's Labour says to launch "radical review" of economic institutions

[Buzz_Burner_Fresh_Updates] UK's Labour says to launch "radical review" of economic institutions – reuters.com BRIGHTON, England, Sept 28 (Reuters) – Britain’s opposition Labour Party will launch a “radical review” of the national institutions that manage the economy, including the Bank of England, its finance spokesman will say on Monday. Continue Reading On reuters.com »  

Puerto Rico skips $1.4 mln Sept. 1 payment

[Buzz_Burner_Fresh_Updates] Puerto Rico skips $1.4 mln Sept. 1 payment – reuters.com NEW YORK, Sept 4 (Reuters) – Puerto Rico’s Public Finance Corp, the government agency that defaulted on its bonds in August by paying a fraction of what was owed, did not make a $1.4 million interest payment due Sept. 1, according to a filing […]

RPT-Eurogroup confirms received assessment of Greek bailout request + MORE

[Buzz_Burner_Fresh_Updates] Eurogroup confirms received assessment of Greek bailout request – reuters.com BRUSSELS, July 11 (Reuters) – The Eurogroup of euro zone finance ministers has received an assessment from EU and IMF experts of Greece’s request for a bailout and its reform proposals, a spokesman for the group confirmed on Saturday. Continue Reading On reuters.com » […]

BRIEF-China's Ministry of Finance pledges not to reduce holdings in Bank of Communications + MORE

[Buzz_Burner_Fresh_Updates] BRIEF-China's Ministry of Finance pledges not to reduce holdings in Bank of Communications – reuters.com * Says major shareholder, Ministry of Finance, pledges not to reduce holdings in the company Continue Reading On reuters.com » UK's Osborne to reduce bank levy, introduce new profits surcharge – reuters.com LONDON, July 8 (Reuters) – British finance […]

Germany says debt cuts are not Europe's favoured tool

[Buzz_Burner_Fresh_Updates] Germany says debt cuts are not Europe's favoured tool – reuters.com BERLIN, July 6 (Reuters) – A German finance ministry spokesman said on Monday that a debt cut was a classical instrument of the International Monetary Fund (IMF), but Europe had opted for economic reforms as the best way to achieve debt sustainability. Continue […]

Marriott, Universal Music Group form partnership for concerts, events with top acts + MORE

[Buzz_Burner_Fresh_Updates] Marriott, Universal Music Group form partnership for concerts, events with top acts – foxbusiness.com Marriott is getting into the music business, so to speak. Continue Reading On foxbusiness.com » McDonald's Shakes Up Taiwan, China Strategy – foxbusiness.com McDonald’s Corp. is aiming to sell its stores in Taiwan to a franchise operator and expand its […]

MOVES-Citigroup, London Capital + MORE

[Buzz_Burner_Fresh_Updates] MOVES-Citigroup, London Capital – reuters.com March 25 (Reuters) – The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. Continue Reading On reuters.com » Germany: Austrian special law could put some banks at disadvantage – reuters.com BERLIN, March 25 (Reuters) – The German finance ministry […]

ON THE MOVE-Merrill Lynch's top broker in Indiana leaves firm + MORE

[Buzz_Burner_Fresh_Updates] UK lawmakers tell regulator to review swaps compensation scheme – reuters.com LONDON, March 10 (Reuters) – Britain’s financial regulator should review a scheme it set up to enable customers mis-sold complex hedging products to seek compensation to ensure it didn’t favour banks, an influential committee of lawmakers said. Continue Reading On reuters.com » ON […]