U.S. home purchase sentiment edges up in August: Fannie Mae
U.S. consumer sentiment about buying a home ticked up in August as expectations about falling mortgage rates offset reduced optimism about home price appreciation and the timing to buy and sell a home, Fannie Mae said on Monday.
Novartis CEO promises to speed data integrity disclosures
Novartis Chief Executive Vas Narasimhan, facing an uproar over data manipulation involving $2.1 million gene therapy Zolgensma, pledged on Monday to tell regulators quickly if credible questions emerge in future over data integrity.
Wall Street opens higher on hopes of monetary stimulus
U.S. stocks opened higher for the fourth straight session on Monday, as mixed global economic data lifted expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.
Treasury’s Mnuchin sees positive U.S. growth as China talks loom
U.S. Treasury Secretary Steven Mnuchin on Monday said he did not see the threat of a recession as the Trump administration seeks to revive trade negotiations with China, adding that he expected a positive year ahead for the U.S. economy.
Nissan’s Saikawa bows to pressure, to quit as CEO on September 16
Nissan Motor Co CEO Hiroto Saikawa will resign on Sept. 16, the automaker said on Monday, bowing to pressure after he admitted to being improperly overpaid and marking further upheaval at a company battered by scandal and plunging profit.
Wall Street set to open higher on hopes of monetary stimulus
U.S. stocks were set to open higher on Monday, as mixed global economic data lifted expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.
U.S. Treasury chief weighing next steps amid French tax spat
The United States is meeting with technology and other companies as it considers its options following a row with Paris over France’s tax on big internet firms, the U.S. Treasury secretary said on Monday.
Huawei feels no big impact from Czech, Polish security fears
Security concerns in Poland and the Czech Republic over telecoms equipment made by Huawei Technologies have not had a significant business impact despite creating uncertainty, a deputy head of central Europe and the Nordics said.
Citi’s Atiq Rehman appointed head of EMEA emerging markets business
Citigroup Inc has appointed Atiq Rehman, currently Middle East and Africa head at the U.S. bank, as the head of the newly created EMEA Emerging Markets Cluster, according to an internal email sent on Monday and seen by Reuters.
Elliott urges AT&T to sell assets, questions Time Warner deal
AT&T Inc shareholder Elliott Management Corp on Monday called for the wireless carrier to sell some of its non-core businesses and cut costs in an effort to return more value to shareholders, sending its shares up 10%.
