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WASHINGTON (Reuters) -The U.S. Consumer Financial Protection Bureau on Thursday kicked off a do-over of its “open banking” regulations governing consumer control over the sharing of their personal data between banks and the burgeoning financial app and digital currency sectors as the two sides feud over proper controls, costs and access. The move marked an about-face amid …

US consumer watchdog kicks off redo of ‘open banking’ rules on customer data Read More »

By Lucila Sigal BUENOS AIRES (Reuters) -Miner and trader Glencore will aim to produce nearly 1 million tons of copper annually at its planned El Pachon and Agua Rica projects in Argentina over the next 10 to 15 years, the company’s CEO in the Latin American country said on Thursday. Argentina does not currently produce …

Glencore targets 1 million tons of copper in Argentina over coming decade Read More »

By Howard Schneider JACKSON, Wyoming (Reuters) -The U.S. Federal Reserve’s pivot toward the labor market in 2020 will get a reboot on Friday when Fed Chair Jerome Powell is expected to release a new framework for the central bank that accounts for a half-decade in which inflation surged, jobs were plentiful, and uncertainty became the …

Fed’s expansive experiment in strategy to get a reboot at Jackson Hole Read More »

(Fixes name in paragraph 2 to Max from Matt) By David French NEW YORK (Reuters) -JPMorgan Chase has hired two bankers to boost its investment banking capabilities for energy companies, including one which will help the bank focus on coverage of middle-market clients in the sector, per a memo seen by Reuters. The bank is …

JPMorgan hires two investment bankers to bolster services to energy companies Read More »

By Ricardo Brito and Brad Haynes BRASILIA (Reuters) -Brazilian Supreme Court Justice Alexandre de Moraes, who recently had sanctions imposed on him by the U.S. government, told Reuters that courts could punish Brazilian financial institutions for seizing or blocking domestic assets in response to U.S. orders.  Those remarks raise the stakes in a standoff that …

Exclusive-Judge in US crosshairs warns Brazil banks not to apply sanctions locally Read More »

BRUSSELS (Reuters) -The European Commission will keep pressing for a preferential tariff for wine and spirits exports to the U.S. that would spare the sector the 15% rate applied on most items under the EU-U.S. trade deal, the EU’s trade commissioner said on Thursday. “This one we didn’t get in. But I can tell you …

EU still seeking lower US tariff for wine and spirits, says trade commissioner Read More »

By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Emmett Investment Management is gearing up for a possible board room fight at Whitestone REIT and may nominate directors to the shopping center operator’s six-person board, two people familiar with the matter told Reuters. Emmett, a New York-based investment firm run by Alexander Rohr, has been a …

Exclusive-Whitestone REIT may face board challenge by hedge fund Emmett Investment, sources say Read More »