LONDON (Reuters) – Reforms to the global financial system following the banking crisis of a decade ago have reduced the risk that taxpayers will have to bail out lenders again, but some gaps have yet to be closed, the Board of Directors said Sunday. Financial Stability (FSB). FILE PHOTO: Office …
Read More »Germany to sever ties to accounting regulator after Wirecard scandal
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and private label solutions for electronic payment transactions, is seen in Aschheim, near Munich, Germany, on April 25, 2019. REUTERS / Michael Dalder / File Photo BERLIN (Reuters) – The German government plans to terminate its contract with …
Read More »Great tobacco, great oil and Buffett join the Fed portfolio
WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
Read More »Chinese company says coronavirus vaccine candidate holds promise in human trial
BEIJING (Reuters) – China’s National Biotechnology Group (CNBG) said on Sunday that early human test results for a candidate for the coronavirus vaccine suggested it might be safe and effective, the second vaccine candidate in the signature showing encouraging results in a clinical trial. The experimental injection, developed by a …
Read More »Exclusive: Boeing 737 MAX certification flight tests will start Monday – sources
SEATTLE / WASHINGTON (Reuters) – Pilots and test crew members of the US Federal Aviation Administration and Boeing Co (PROHIBITION) are slated to begin a three-day certification test drive for the 737 MAX on Monday, people familiar with the matter told Reuters. FILE PHOTO: Boeing 737 Max aircraft are parked …
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