Finance news

• Clinton thinks regulators should scrutinize AT&T-Time Warner deal: spokesman

  23-10-2016 22:38
  
  WASHINGTON (Reuters) - Democratic presidential nominee Hillary Clinton thinks U.S. regulators should closely scrutinize AT&T'sacquisition of Time Warner, her spokesman said on Sunday.
  
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• Two Pakistan coast guard killed in Pakistan's key CPEC port district

  23-10-2016 19:19 via news.yahoo.com
  
  By Gul Yusufzai QUETTA, Pakistan (Reuters) - Two Pakistan Coast Guard officers were gunned down in the southwestern province of Balochistan on Sunday in a district that is key to a Chinese-funded transport and energy project opposed by separatist militants, police said. No one had claimed responsibility for the attack in the port district of Gwadar by late Sunday night. It was not clear whether the attack was connected to the port or the $46 billion China-Pakistan Economic Corridor (CPEC)project
  
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• Spain's Socialists clear way for minority conservative government

  23-10-2016 17:29 via news.yahoo.com
  
  By Inmaculada Sanz MADRID (Reuters) - Spain's conservative leader Mariano Rajoy was on course to secure a second term in power for his People's Party (PP) on Sunday after his Socialist rivals agreed to abstain in a looming confidence vote, ending 10 months of political deadlock. Spain has been stuck in political limbo following national elections in December and June which left no single party with a majority, paralyzing institutions and threatening to derail an economic recovery. With a third b
  
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• Spain's Socialists agree to abstain in prime minister confidence vote

  23-10-2016 15:12 via news.yahoo.com
  
  MADRID (Reuters) - Spain's Socialists cleared the way on Sunday for the conservative People's Party (PP) to be sworn in to government, ending a 10-month political deadlock that has paralyzed institutions and threatened to derail an economic recovery. Senior members of the center-left party voted 139 in favor, versus 96 against, of abstaining in a new confidence vote due this coming week which would grant conservative acting Prime Minister Mariano Rajoy a second term in office. (Reporting by Inma
  
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• EU sets Belgium Monday deadline to back Canada trade deal

  23-10-2016 14:11 via news.yahoo.com
  
  By Alastair Macdonald and Philip Blenkinsop BRUSSELS (Reuters) - The European Union has given Belgium until late on Monday to overcome opposition to a free trade deal with Canada from its French-speaking region or a summit to sign the pact that could boost both economies is off, EU sources said on Sunday. EU trade negotiators are rushing to assuage the Walloon government's concerns before the Monday deadline set by Canadian Prime Minister Justin Trudeau to decide whether to fly to Brussels, acco
  
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• Senior politician in South Africa's ANC urges party leaders to quit

  23-10-2016 13:34 via news.yahoo.com
  
  A senior member of South Africa's ruling ANC urged its top leaders including President Jacob Zuma to quit on Sunday, saying fraud charges against Finance Minister Pravin Gordhan reflected an abuse of power to settle political scores within the party. ANC parliamentary chief whip Jackson Mthembu's comments come a week after Deputy President Cyril Ramaphosa publicly expressed support for Gordhan, saying the case against him should not be allowed to undermine his efforts to revive the economy. Pros
  
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• Spain's Socialists seen clearing the way for end to political deadlock

  23-10-2016 11:10 via news.yahoo.com
  
  Spain's Socialists on Sunday were expected to clear the way for the conservative People's Party (PP) to be sworn in for a second term, ending a 10-month political deadlock that has paralyzed institutions and threatened to derail an economic recovery. In an unprecedented move in Spain's modern politics, more than 250 members of the Socialists are meeting to consider abstaining in a new confidence vote due next week which would grant acting Prime Minister Mariano Rajoy a second term. Spain has had
  
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• Indonesian nationalism takes a bite out of Apple

  23-10-2016 06:08 via news.yahoo.com
  
  Apple is battling to gain a foothold in Indonesia after nationalistic regulations hit the US tech giant's efforts to compete in the booming emerging market against Samsung and other rivals. The iPhone 6S and 7 are yet to be released in Southeast Asia's largest economy as Apple struggles to fulfil requirements that phone makers must have 20 percent "local content" for 4G handsets sold in the country. South Korea's Samsung has been able to meet the demands and gain a share of the market in Indones
  
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• First State, Willis Towers Watson among backers for Godfrey's new trust

  23-10-2016 01:00
  
  Former Investment Association chief executive to launch vehicle to 'make investment work better'
  
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• Exclusive: Goldman Sachs' Latam investment bank chief to leave - source

  23-10-2016 00:37 via news.yahoo.com
  
  By Christine Murray and Olivia Oran MEXICO CITY/NEW YORK (Reuters) - Martin Werner, co-head of Goldman Sachs' investment banking business in Latin America, will depart the Wall Street bank at the end of this year, according to a person familiar with the situation. Werner, who also runs Goldman's investment banking business in Mexico, told the Mexico office last week he was retiring after 16 years at the bank. A spokesman for Goldman Sachs in New York declined to comment.
  
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• Goldman Sachs' Latam investment bank chief to leave-source

  23-10-2016 00:36 via news.yahoo.com
  
  By Christine Murray and Olivia Oran MEXICO CITY/NEW YORK (Reuters) - Martin Werner, co-head of Goldman Sachs' investment banking business in Latin America, will depart the Wall Street bank at the end of this year, according to a person familiar with the situation. Werner, who also runs Goldman's investment banking business in Mexico, told the Mexico office last week he was retiring after 16 years at the bank. A spokesman for Goldman Sachs in New York declined to comment.
  
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