Softening the rule, which prohibits banks from making speculative but profitable wagers, is part of the White House’s deregulatory push.
The publication is filing for bankruptcy, according to an associate editor at the magazine.
Nevertheless, Italian bond yields are climbing. The interest rate on two years bonds jumped 10 basis points to 0.23 per cent and the yield on 10-year bonds hit 2.30 per cent.
The British car maker sold 963 new cars in the first three months of the year for an average £160,000 each. That was up 11 per cent on the same period last year, when drivers typically paid £144,000.
Glasenberg will be handed the cash tomorrow as the commodities giant he has run since 2002 pays out the first half of a dividend. The 61-year-old, who owns an 8.4 per cent stake in Glencore.
Wilson has headed Cath Kidston since 2011. The chain is known for vintage-style floral patterned bags and bed linen, and under his leadership has grown from just four stores overseas to 220.