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  • U.S. Federal Reserve Chair Janet Yellen holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington March 16, 2016. REUTERS/Kevin Lamarque

    Yellen's swan song to markets

    By Trevor Hunnicutt, Reuters

    (Reuters) - Janet Yellen soothed markets' anxieties even while unwinding her predecessor's emergency measures to combat the 2007-2009 global financial crisis during her tenure as the first woman to...

  • French Prime Minister Edouard Philippe reacts during the questions to the government session at the National Assembly in Paris, France, January 30, 2018.   REUTERS/Charles Platiau

    France to name and shame worst cases of tax fraud: PM

    By Reuters, Reuters

    Philippe said the tougher measures were particularly necessary as his government intended to cut business and household taxes. "For grave offences, the French must know who is trying to absolve...

  • The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, January 30, 2018.    REUTERS/Staff/Remote

    European shares slip at end of strong month

    By Helen Reid and Danilo Masoni, Reuters

    LONDON/MILAN (Reuters) - European shares fell on Wednesday as investors locked in profits at the end of a strong month while results from some of the region's biggest names also weighed. The STOXX...

  • FILE PHOTO: Sen. Bob Menendez (D-NJ) looks on during a Senate Banking Committee hearing on Capitol Hill in Washington, U.S. January 23, 2018. REUTERS/Aaron P. Bernstein/File Photo

    U.S. prosecutors drop corruption case against Sen. Menendez

    By Sarah N. Lynch and Joseph Ax, Reuters

    (Reuters) - The U.S. Justice Department has dropped corruption charges against Democratic Senator Bob Menendez of New Jersey, according to a court filing on Wednesday, days after the trial judge...

  • FILE PHOTO - Saudi Arabian billionaire Prince Alwaleed bin Talal sits for an interview with Reuters in the office of the suite where he has been detained at the Ritz-Carlton in Riyadh, Saudi Arabia

    For Saudi tycoons freed from detention, cheers and a business challenge

    By Stephen Kalin and Katie Paul, Reuters

    RIYADH (Reuters) - Cheering supporters greeted Saudi Arabian billionaire Prince Alwaleed bin Talal when he arrived at his skyscraper offices in Riyadh after his release from detention in an anti-...

  • Spanish banks' profits to be hit by property cleanup

    Spanish banks' profits to be hit by property cleanup

    By Jesús Aguado, Reuters

    MADRID (Reuters) - Spanish banks' earnings for the first half of the year, which start on Thursday with Bankinter, are likely to be marked by a continued cleanup of toxic real estate assets which...

  • Central bankers eyeing whether Libor needs scrapping

    Central bankers eyeing whether Libor needs scrapping

    By Randall Palmer, Reuters

    OTTAWA (Reuters) - Central bankers and regulators will hold talks in September on whether the troubled global Libor interest rate can be reformed or whether it is so damaged that the benchmark of...

  • Exclusive: Manchester United set to kick off IPO

    Exclusive: Manchester United set to kick off IPO

    By Stephen Lacey, Reuters

    NEW YORK, July 18 (IFR) - Soccer powerhouse Manchester United is expected to launch its IPO in New York as early as next week, for pricing in early August, after earlier attempts in Hong Kong,...

  • Defense executives plead for Congress to avoid budget cuts

    By Lauren French, Reuters

    WASHINGTON (Reuters) - Defense executives warned lawmakers on Wednesday that they must quickly come up with a plan to avert $500 billion in automatic spending cuts because the uncertainty is forcing...

  • Geithner defends U.S. response to 2008 Libor concerns

    Geithner defends U.S. response to 2008 Libor concerns

    By Jonathan Spicer and Leah Schnurr, Reuters

    NEW YORK (Reuters) - U.S. Treasury Secretary Timothy Geithner defended himself against criticisms that regulators should have taken bigger steps to address concerns over the credibility of the...

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