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Google plans to move UK users’ accounts outside EU jurisdiction

11 hours ago NAMEX Comments Off on Google plans to move UK users’ accounts outside EU jurisdiction
SAN FRANCISCO (Reuters) – Google is planning to move its British users’ accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, the company confirmed late on Wednesday. FILE PHOTO: The Google internet homepage is displayed on a product at a store in London, Britain January 23, 2016. REUTERS/Neil Read More

Lofty stocks, hefty debt sow seeds of worry for some at Fed

13 hours ago NAMEX Comments Off on Lofty stocks, hefty debt sow seeds of worry for some at Fed
(Reuters) – Rock-bottom corporate bond yields, high levels of business debt and one of the fastest expansions of stock market valuations on record are worrying some Federal Reserve officials who fret such financial imbalances could aggravate any negative shocks to the U.S. economy. While agreeing that overall financial vulnerabilities were modest, minutes of the Fed’s Read More

Fed staff float plan to end term-repo after April, minutes show

15 hours ago NAMEX Comments Off on Fed staff float plan to end term-repo after April, minutes show
(Reuters) – Senior Federal Reserve staff proposed ending longer-term loans to banks after April as part of a broader blueprint laying out how the central bank could scale back the support provided to money markets, the minutes from the January policy meeting showed. The proposal, which received a warm reception from policymakers, explained how the Read More

Fed policymakers cautiously optimistic on U.S. economy despite new risks, minutes show

15 hours ago NAMEX Comments Off on Fed policymakers cautiously optimistic on U.S. economy despite new risks, minutes show
WASHINGTON (Reuters) – Federal Reserve policymakers were cautiously optimistic about their ability to hold interest rates steady this year, minutes of the central bank’s last policy meeting showed, even as they acknowledged new risks caused by the coronavirus outbreak. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Read More

French judges step up Ghosn probe over palace party, Oman dealings

15 hours ago NAMEX Comments Off on French judges step up Ghosn probe over palace party, Oman dealings
PARIS (Reuters) – French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault (RENA.PA) by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal investigation. FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate Read More

U.S. housing starts fall, building permits near 13-year high

17 hours ago NAMEX Comments Off on U.S. housing starts fall, building permits near 13-year high
WASHINGTON (Reuters) – U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion in history on track. A new apartment building housing construction site is seen in Los Angeles, California, U.S. July 30, 2018. REUTERS/Lucy Read More

Exclusive: Google users in UK to lose EU data protection – sources

17 hours ago NAMEX Comments Off on Exclusive: Google users in UK to lose EU data protection – sources
SAN FRANCISCO (Reuters) – Google is planning to move its British users’ accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, sources said. FILE PHOTO: The Google internet homepage is displayed on a product at a store in London, Britain January 23, 2016. REUTERS/Neil Hall The shift, prompted Read More

S&P 500, Nasdaq reach new heights on China stimulus hopes

20 hours ago NAMEX Comments Off on S&P 500, Nasdaq reach new heights on China stimulus hopes
(Reuters) – The S&P 500 and the Nasdaq hit all-time highs on Wednesday as hopes that China would take more measures to prop up its economy eased worries about the impact of the coronavirus epidemic. FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, Read More

Business jet deliveries hit decade high in 2019, helped by new models

20 hours ago NAMEX Comments Off on Business jet deliveries hit decade high in 2019, helped by new models
FILE PHOTO: Prototypes of chaise lounge for Bombardier’s Global 7500, the first business jet to have a queen-sized bed and hot shower, is shown during a media tour in Montreal, Quebec, Canada, December 19, 2018. Picture taken December 19, 2018. REUTERS/Christinne Muschi (Reuters) – Business jet deliveries across the globe hit a decade high in Read More

Exclusive: ‘Made in Russia’ passenger jet finds a single buyer, Aeroflot

20 hours ago NAMEX Comments Off on Exclusive: ‘Made in Russia’ passenger jet finds a single buyer, Aeroflot
MOSCOW (Reuters) – Russia’s main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot ALTR.MM, two sources told Reuters. FILE PHOTO: A Sukhoi Superjet 100 regional jet performs during a demonstration flight at the Read More