Greece to sell Postbank, Proton in July, stress-test big banks
ATHENS (Reuters) – Greece’s bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country’s foreign lenders said in an inspection review.
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Greece to sell Postbank, Proton in July, stress-test big banks
Tesco clothing brand plans international expansion
LONDON (Reuters) – The clothing brand sold by Britain’s biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.
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Tesco clothing brand plans international expansion
Job market gains could lead Fed to taper QE3 early
(Reuters) – The beginning of the end of the Federal Reserve’s massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.
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Job market gains could lead Fed to taper QE3 early
Dorfman: Do Nothing stocks can often get a lot done
While the Do Nothing Club is a somewhat frivolous idea, there is a point behind it.
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Dorfman: Do Nothing stocks can often get a lot done
Many Hurricane Sandy insurance claims closed without payment, data shows
Six months out from the Oct. 29 storm, the industry’s closure rate looks impressive: 95 percent of New Jersey’s Sandy claims had been closed. But a Star-Ledger review of state data shows that nearly one out of every four closed claims resulted in no payment to a policyholder
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Many Hurricane Sandy insurance claims closed without payment, data shows
Adubato: Empathy, compassion keys to connecting with others
How many of us are turned off because we say hello to someone who doesn’t respond. We are convinced they are rude when in fact they may have a “19-year-old son on life support.”
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Adubato: Empathy, compassion keys to connecting with others
Get With The Plan: Paying for college, retirement, within reach
Strategies to make paying for college and funding retirement a successful duel-goal
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Get With The Plan: Paying for college, retirement, within reach
Bank of England’s King sends message to successor Carney
LONDON (Reuters) – Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.
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Bank of England’s King sends message to successor Carney
Biz Brain: What a revocable trust can do for you
When it makes sense to use a revocable trust
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Biz Brain: What a revocable trust can do for you
Bankia compensation qualms signal loss of faith in Spain’s banks
MADRID (Reuters) – Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system.
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Bankia compensation qualms signal loss of faith in Spain’s banks
Miller: Summer doesn’t mean you can wear anything under the sun to work
Lee Miller Joshua Weiss, CEO of Edison-based mobile application developer TeliApp, has been interviewing candidates for summer internships for the past several weeks. When they ask, applicants are told dress is “business casual.” Recently, a young woman seeking…
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Miller: Summer doesn’t mean you can wear anything under the sun to work
Exclusive: South Africa’s NUM seeks 15-60 percent wage hikes from gold, coal producers
JOHANNESBURG (Reuters) – South Africa’s National Union of Mineworkers said on Sunday it would seek pay hikes of up to 60 percent from the country’s gold and coal producers in upcoming wage talks which are expected to be among the toughest ever.
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Exclusive: South Africa’s NUM seeks 15-60 percent wage hikes from gold, coal producers
Weeks Marine, hauler of space shuttles, 9/11 debris and crash-landed planes, dismantles roller coaster
Difficult tasks, like how to remove an amusement ride marooned by a hurricane, have become a regular fare for the company that hauled 9/11 debris, transported the space shuttle and pulled Capt. Sully’s plane from the Hudson River
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Weeks Marine, hauler of space shuttles, 9/11 debris and crash-landed planes, dismantles roller coaster
Kuwait replaces oil officials at KPC after $2.2 billion Dow payment
KUWAIT (Reuters) – State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co over a scrapped plastics joint venture.
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Kuwait replaces oil officials at KPC after $2.2 billion Dow payment
Independent Scotland open to Cyprus-style bank risks, says Britain
LONDON (Reuters) – An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain’s finance ministry says.
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Independent Scotland open to Cyprus-style bank risks, says Britain
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