Finance news

• Hulk Hogan wins $115 million in sex-tape suit

  19-03-2016 15:27 via news.yahoo.com
  
  By Jared Leone ST. PETERSBURG, Fla. (Reuters) - A Florida jury on Friday awarded Hulk Hogan $115 million with the possibility of more after finding the Gawker website violated his privacy by publishing a sex tape of the celebrity wrestler. After deliberating six hours, the jury awarded Hogan $60 million for emotional distress and $55 million for economic damages. "This is a victory for everyone who has had their privacy violated," Hogan's attorney, David Houston, said.
  
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• Iran's Zarif to discuss with Turkey economic cooperation, Syria: state media

  19-03-2016 11:02 via news.yahoo.com
  
  Iran wants to discuss greater economic cooperation with neighboring Turkey and regional crisis in talks in Istanbul on Saturday, Tehran's Foreign Minister Mohammad Javad Zarif was quoted as saying by Iranian state media. Zarif arrived in Istanbul, where he is due to meet with President Tayyip Erdogan, Prime Minister Ahmet Davutoglu and Foreign Minister Mevlut Cavusoglu.
  
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• Iran to discuss economic cooperation in Turkey visit: Iranian foreign minister

  19-03-2016 09:30 via news.yahoo.com
  
  Iran wants to discuss greater economic cooperation with neighboring Turkey in talks in Istanbul on Saturday, Tehran's foreign minister, Mohammad Javad Zarif, said in comments broadcast by Iranian television. Zarif arrived in Istanbul, where he is due to meet with President Tayyip Erdogan, Prime Minister Ahmet Davutoglu and Foreign Minister Mevlut Cavusoglu.
  
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• Execs pay top dollar for audience with China's leaders

  19-03-2016 05:37 via news.yahoo.com
  
  The China Development Forum this weekend may be the most important economic summit you have never heard of. Proceeds go to "relevant research projects and administrative expenses of the conference", which is organised by the little-known China Development Research Foundation (CDRF), a proxy for one of the Communist government's planning agencies. The forum, which is in its 17th year, directly follows the annual meeting of the National People's Congress (NPC), China's rubber stamp legislature, an
  
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• U.S. wrestler Hulk Hogan wins $115 million in sex-tape suit

  19-03-2016 02:55 via news.yahoo.com
  
  By Jared Leone ST. PETERSBURG, Fla. (Reuters) - A Florida jury on Friday awarded Hulk Hogan $115 million with the possibility of more after finding the Gawker website violated his privacy by publishing a sex tape of the celebrity wrestler. After deliberating six hours, the jury awarded Hogan $60 million for emotional distress and $55 million for economic damages. "This is a victory for everyone who has had their privacy violated," Hogan's attorney, David Houston, said.
  
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• U.S. wrestler Hulk Hogan wins $115 mln in sex-tape suit

  19-03-2016 02:51 via news.yahoo.com
  
  (Adds quote from law professor) By Jared Leone ST. PETERSBURG, Fla., March 18 (Reuters) - A Florida jury on Friday awarded Hulk Hogan $115 million with the possibility of more after finding the Gawker website violated his privacy by publishing a sex tape of the celebrity wrestler. After deliberating six hours, the jury awarded Hogan $60 million for emotional distress and $55 million for economic damages. "This is a victory for everyone who has had their privacy violated," Hogan's attorney, David
  
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• Bundesbank boss criticises ECB 'bazooka'

  19-03-2016 01:27 via news.yahoo.com
  
  The president of Germany's Bundesbank on Saturday criticised the latest package of stimulus measures by the ECB including slashing rates still further, warning against "reckless" moves and unintended fallout. In an interview with German journalists Jens Weidmann indicated he was "not convinced" by the efficacy of an unprecedented barrage of stimulus measures to jumpstart the eurozone economy. "The package decided on did not convince me overall," said Weidmann.
  
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• Wrestler Hulk Hogan wins at least $115 million in sex-tape suit

  19-03-2016 01:12 via news.yahoo.com
  
  By Jared Leone ST. PETERSBURG, Fla. (Reuters) - A Florida jury on Friday awarded Hulk Hogan $115 million with the possibility of more after finding the Gawker website violated his privacy by publishing a sex tape of the celebrity wrestler. After deliberating six hours, the jury awarded Hogan $60 million for emotional distress and $55 million for economic damages. They remain sequestered until Monday when the jury will consider punitive damages and other matters. "This is a victory for everyone w
  
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• Lula says Brazil needs to resume growth rapidly

  19-03-2016 01:06 via news.yahoo.com
  
  Luiz Inacio Lula da Silva, the former Brazilian president under investigation in a sweeping corruption investigation, said on Friday that Latin America's largest economy needs to resume growth rapidly to avert job losses. In a speech at a Sao Paulo rally organized by the ruling Workers' Party and unions in support of President Dilma Rousseff, Lula said democracy is the only way to ensure diversity and growth in Brazil. Supporters of Rousseff and Lula joined street rallies on Friday to back her b
  
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• Activist hedge funds wounded by market turmoil

  19-03-2016 01:02
  
  (Reuters) - Hedge funds wounded by recent stock market gyrations may struggle to pressure companies and reap the benefits of their activist campaigns, lawyers and bankers at Tulane Law School's...
  
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