WASHINGTON (Reuters) - A former top JPMorgan Chase official blamed traders and managers who reported to her for bets that led to $6 billion (3.96 billion pounds) in losses for the bank, telling lawmakers on Friday that her team changed projected loss... [Full Article]
By Chikako Mogi TOKYO (Reuters) - Asian shares extended losses on Thursday as regional factors outweighed the positive tone from another record Wall Street close, while the dollar index held near seven-month highs after strong retail sales bolstered ... [Full Article]
By Chikako Mogi TOKYO (Reuters) - Asian shares fell on Thursday with regional factors outweighing positive sentiment from another record Wall Street close after strong U.S. retail sales sustained an optimistic growth outlook, while the dollar index s... [Full Article]
LONDON (Reuters) - European shares and the euro on bounced off their previous session's steep falls early on Friday despite unease over European economic forecasts, ECB crisis loan repayment data and Italian elections at the weekend. The German ... [Full Article]
TOKYO (Reuters) - Asian shares recouped some of the previous session's steep falls as investors reassessed fears of the Federal Reserve ending its ultra-soft monetary policy earlier than expected, but weak U.S. and European data capped Friday... [Full Article]
(Reuters) - Insurer American International Group Inc reported a fourth-quarter loss of $4 billion on Thursday on the sale of its aircraft leasing business, ILFC, though its underlying results beat Wall Street expectations. U.S.-based AIG posted a net... [Full Article]
NEW YORK (Reuters) - U.S. stocks extended losses on Wednesday following minutes from the U.S. Federal Reserve that suggested the central bank may have to slow or stop buying assets before seeing a pickup in hiring. The Dow Jones industrial average wa... [Full Article]
LONDON (Reuters) - G4S said its loss on the London Olympic security contract would stretch to 70 million pounds after finally agreeing a settlement with Games organisers. The world's biggest security firm's reputation was badly tarnished wh... [Full Article]
NEW YORK (Reuters) - U.S. stocks fell further on Thursday, with the Nasdaq falling 1 percent, as a sharp drop in the euro against the safe-haven dollar and yen curbed investors' appetite for risky assets. The Dow Jones industrial average was dow... [Full Article]