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Push on with the 'great unwinding', BIS tells central banks

LONDON Major central banks should press ahead with interest rate increases, the Bank for International Settlements said on Sunday, while recognizing that some turbulence in financial markets will have to be negotiated along the way.

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Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery

If Amazon.com Inc hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc for $13.7 billion will be just the start of a long and costly process. | Video

Deals, Tech Jun 24 2017

CEO of Raytheon's Forcepoint eyes IPO: Boersen-Zeitung

FRANKFURT U.S. missile maker Raytheon's cybersecurity unit could thrive were it to be listed separately, the head of the unit, Forcepoint, told German business daily Boersenzeitung in an interview published on Saturday.

Internal dossier criticises Audi top management: Bild

FRANKFURT German luxury carmaker Audi's management board, including Chief Executive Rupert Stadler, has been sharply criticised by company managers, Bild am Sonntag reported on Sunday, citing an internal dossier.

Jun 24 2017

Italian government decree for Veneto banks delayed to Sunday: source

MILAN An Italian government decree that will start liquidation proceedings for two ailing Veneto-based lenders, Banca Popolare di Vicenza and Veneto Banca, is set to be delayed to Sunday, a government source said.

Jun 24 2017

India's Infosys says reassessing long-term goals due to tougher market

Bengaluru Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market conditions have made them appear "daunting", the company's chairman said on Saturday.

Jun 24 2017

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