Thyssenkrupp should consider industrial players in sale of defense division – IG Metall

(Reuters) – Thyssenkrupp (ETR:TKAG) should explore a sale of its warship division to peers, in addition to private equity players…

Jeffrey Epstein got $300 million in US Virgin Islands tax incentives, JPMorgan says

(Reuters) – JPMorgan Chase said the U.S. Virgin Islands gave Jeffrey Epstein more than $300 million in tax incentives and…

JPMorgan cuts around 20 Asia investment banking jobs-source

(Reuters) –  JPMorgan Chase & Co (NYSE:JPM) has in a new round of downsizing cut around 20 investment banking jobs…

Israeli lead producer to use ACE Green emissions-free recycling

(Reuters) – U.S.-based ACE Green Recycling, which has developed a lead battery recycling process with no greenhouse gas emissions, said…

Oil rises as hawkish Fed talk expectations offset China demand worries

(Reuters) – Oil prices rebounded early on Wednesday, recovering after two straight sessions of losses, as expectations of hawkish Federal…

Dollar firm ahead of Powell testimony, sterling up on hot inflation

(Reuters) – The dollar was firmer on Wednesday leading into Federal Reserve Chair Jerome Powell’s appearance before Congress where he…

Australian lawmaker calls for international probe into PwC govt tax scandal

(Reuters) – The chair of an Australian senate committee looking into PricewaterhouseCoopers’ leak of a confidential government tax plan has…

CBA lowers home loan buffer rates for some refinancing clients to 1%

(Reuters) – Commonwealth Bank of Australia on Wednesday cut its buffer rate for some borrowers refinancing their existing home loan…

Australia stocks lower at close of trade; S&P/ASX 200 down 0.58%

Australia stocks were lower after the close on Wednesday, as losses in the Gold, Energy and Consumer Discretionary sectors led…

Japan stocks higher at close of trade; Nikkei 225 up 0.56%

Japan stocks were higher after the close on Wednesday, as gains in the Transportation Equipment, Precision Instruments and Retail sectors…