Reuters Before the Bell: Fed chief needs "flexibility of mind" in tough times: Fischer

Click to View in Browser Wednesday, October 4, 2017 Fed chief needs "flexibility of mind" in tough times: Fischer LONDON (Reuters) - Any new head of the Federal Reserve will need to have the "flexibility of mind" to change tack during acute periods of crisis, the U.S. central bank's outgoing Vice-Chairman Stanley Fischer said on Wednesday. EU orders Amazon to repay $295 million in Luxembourg back taxes BRUSSELS (Reuters) - Amazon on Wednesday was told to pay about 250 million euros ($294.38 million) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals. From Trumpflation to Deutsche-boom? Schaeuble exit raises market hopes LONDON (Reuters) - Investors are on standby for Europe's own version of the Trumpflation trade in case Wolfgang Schaeuble's successor at the German finance ministry directs the country's massive surpluses towards tax cuts and spending. Spanish tensions bar Europe from global stocks party LONDON (Reuters) - Global stock markets hit a record high on Wednesday with investors in exuberant mood in the United States overnight and in Asia, but sentiment in Europe was soured by a political crisis gathering steam in Spain. Exclusive: SEC forensics unit sought resources, cyber training ahead of 2016 hack WASHINGTON (Reuters) - In August 2016, just two months before the U.S. Securities and Exchange Commission discovered its corporate filing system had been hacked, the SEC's internal watchdog, Carl Hoecker, received a plea for help from his new forensics investigative unit. 'We'll pay nothing': TowerJazz seeks growth with minimal investment MIGDAL HA'EMEK, Israel (Reuters) - Executives at Panasonic were surprised when Russell Ellwanger, CEO of Israeli chipmaker TowerJazz , asked to partner in three of their factories without putting any cash on the table. Toronto home sales fall again, prices down 15.5 percent from peak OTTAWA (Reuters) - Toronto home sales plunged in September from a year earlier and prices were down 15.5 percent from their April peak, but sales and prices inched up from August, suggesting housing in Canada's largest city may be stabilizing, data showed on Wednesday. Exclusive: VW seeks to curb competition from Skoda - sources BERLIN (Reuters) - Volkswagen managers and unions are seeking to curb competition from lower-cost stablemate Skoda, move some of its production to Germany and make the Czech brand pay more for shared technology, company sources told Reuters. Whirlpool's washer war is balancing act for Trump Clyde, Ohio(Reuters) - In the middle of Whirlpool Corp's bustling washer factory in northern Ohio there is an empty patch of concrete floor - a reminder of a $60 million expansion plan the appliance maker says fell victim to unfair foreign competition. Monte dei Paschi shares to resume trading soon: Treasury official ROME (Reuters) - Shares in bailed-out Italian bank Monte dei Paschi di Siena should soon return to trade on the Milan bourse, a senior Treasury official said on Wednesday, adding a request had already been filed with market watchdog Consob. Related Video Nissan plants raided over improper checks Bali tourist town counts cost of Indonesia volcano Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook