Aviva sold inappropriate pensions - Telegraph newspaper

LONDON, Nov 22 - British insurer Aviva plc is paying compensation and increasing the annual payouts of hundreds of customers after discovering staff sold inappropriate pensions, the Telegraph newspaper reported on Saturday.

10:17am EST

Belarus cuts 2015 economic growth forecast due to Russian slowdown

MINSK, Nov 22 - Belarus has cut its 2015 economic growth forecast to 0.2-0.7 percent from the previous 2.0 percent because of the economic slowdown in Russia, state news agency Belta quoted Economy Minister Nikolai Snopkov as saying.

Energy, 10:08am EST

Russia to seek new partners if Western oil majors leave - minister

MOSCOW, Nov 22 - Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday.

China's rate-cut likely to hurt banks, curb new loans to small borrowers

SHANGHAI, Nov 22 - China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.

Markets, Stocks, Bonds, 8:19am EST

Schaeuble raps German firms for avoiding taxes via Luxembourg -Focus

BERLIN, Nov 22 - German Finance Minister Wolfgang Schaeuble sharply criticised leading German companies for reducing taxes by creating subsidiaries in Luxembourg, where tax rates are lower, according to Focus news magazine.

7:58am EST
Berkshire Hathaway Inc $219,935.00 +0.77%
Wells Fargo & Co $53.81 +0.62%
JPMorgan Chase & Co $60.45 +0.55%


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