Business

(Reuters) – The U.S. Securities and Exchange Commission on Tuesday charged the former chief executive of Heartland Payment Systems Inc and his romantic partner with insider trading ahead of the payment processor’s $4.3 billion takeover by Global Payments Inc (GPN.N). FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall
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AIX-EN-PROVENCE, France (Reuters) – IMF Managing Director Christine Lagarde said on Saturday that a proposed joint euro zone budget could be designed with conditions so that it does not become a no-strings-attached transfer of rich countries’ cash to poorer members. FILE PHOTO: International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at the Foreign Policy
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SINGAPORE/NEW YORK (Reuters) – The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale trade war” as the world’s two biggest economies sharply escalated their conflict. FILE PHOTO: Shipping containers at Pier J at the Port of Long Beach
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SAN FRANCISCO/NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell spends more time with U.S. lawmakers, White House advisers, and bankers than did his predecessor Janet Yellen, who tended to favor meetings with professors, the Treasury secretary and community advocates. FILE PHOTO: Federal Reserve Board Chairman Jerome Powell speaks at his news conference after the
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DUESSELDORF/FRANKFURT (Reuters) – Thyssenkrupp (TKAG.DE) will take its time to replace Chief Executive Heinrich Hiesinger after his resignation, dampening hopes of a speedy restructuring or even a break-up of the German industrial group. FILE PHOTO: ThyssenKrupp CEO Heinrich Hiesinger addresses the company’s annual shareholders meeting in Bochum, Germany, January 19, 2018. REUTERS/Thilo Schmuelgen/File Photo Hiesinger’s
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NEW YORK (Reuters) – Wall Street’s major indexes rose on Thursday as reports that the United States and the European Union may agree to withdraw auto tariffs fostered optimism on international trade relations among investors. German Chancellor Angela Merkel said she would back lowering EU tariffs on U.S. car imports. An industry source told Reuters
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