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January 5, 2019 8:08 AM Iran says despite U.S. sanctions, it has found new 'potential' oil buyers

LONDON (Reuters) - All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers. The United States withdrew from a nuclear deal with Iran last year and snapped sanctions 71

December 24, 2018 3:23 PM Iran says ready to respond, but U.S. aircraft carrier no threat

LONDON (Reuters) - Iran is ready to respond to any hostile U.S. action, but it does not consider the arrival of a U.S. aircraft carrier in the Gulf last week a significant threat, an Iranian navy commander said on Monday. The USS John C. Stennis entered the Gulf on Friday, ending a long absence of U.S. aircraft carriers in the region as tensions rise between 61

December 18, 2018 7:55 AM Italy's UniCredit settles dispute with Caius

MILAN (Reuters) - British hedge fund Caius has made a payment to UniCredit (CRDI.MI) to settle a dispute over complex financial instruments which Italy’s biggest bank counts toward its core capital, the two companies said. Caius had questioned UniCredit’s CASHES securities, arguing they should not be classed as best-quality capital. “Caius intends to take no further 85

December 15, 2018 8:15 AM Venmo: Send & Receive Money 4+

Venmo is the simple, fun money app for sending cash quickly between friends and shopping at your favorite online stores. Split purchases to avoid awkward IOUs, share your new buys, and catch up on what your friends are doing on the feed. Send money quickly to friends by simply linking your payment method. There’s no transaction fee for sending money 86

December 10, 2018 10:14 PM Lockheed Martin names Kenneth Possenriede chief financial officer

(Reuters) - U.S. defense contractor Lockheed Martin Corp (LMT.N) on Monday named Kenneth Possenriede chief financial officer, replacing Bruce Tanner. Tanner plans to retire in mid-2019 and Possenriede is expected take on the new role on Feb. 11, the company said. Possenriede is currently vice president of finance and program management at the company’s 61

December 7, 2018 8:08 PM Russia says detention of China's Huawei CFO shows U.S. arrogance

MILAN (Reuters) - Russian Foreign Minister Sergei Lavrov said on Friday that the detention of Chinese technology giant Huawei’s HWT.UL chief financial officer in Canada was an example of “arrogant” U.S. policy abroad. Speaking at a news conference in Milan, Lavrov said the detention showed how Washington imposes its laws beyond its jurisdiction 102

December 4, 2018 10:58 AM Exclusive: Exxon seeks to sell its stake in giant Azeri oil field

LONDON (Reuters) - Exxon Mobil (XOM.N) is seeking to sell its stake inAzerbaijan’s largest oil field, once dubbed the “contract of the century”, as the U.S. oil and gas giant re-focuses its global operations, industry and banking sources said. Exxon is hoping to raise up to $2 billion from the sale of its 6.8 percent in the Azeri-Chirag-Gunashli (ACG) 78

November 30, 2018 4:33 PM Republicans name top member of House banking committee

WASHINGTON (Reuters) - A North Carolina Republican will serve as the party’s top member on the House of Representatives committee overseeing banks and financial services, lawmakers announced Thursday. House Republicans voted to name Representative Patrick McHenry as the ranking Republican on the Financial Services Committee, where he will serve as the main bulwark 105

November 29, 2018 4:01 PM Goldman names co-chief operating officers for Asia investment banking unit, ex-Japan

(Reuters) - Goldman Sachs Group Inc (GS.N) has named Aaron Arth and Iain Drayton co-chief operating officers of its investment banking division in Asia Pacific, excluding Japan, according to a memo seen by Reuters. Arth is currently head of the financing group in Asia Pacific, excluding Japan, while Drayton leads the financial and strategic investors 75

November 16, 2018 9:53 PM Grim fiscal forecast awaits Illinois' new governor

CHICAGO (Reuters) - Illinois’ new governor faces a budget deficit that could triple in size, as well as a backlog of unpaid bills that could surpass the state’s record high, according to a new five-year fiscal forecast from outgoing Governor Bruce Rauner. The Republican governor lost his bid for a second term in office to Democrat J.B. Pritzker in the Nov. 6 general 54