‘Very serious’ U.S.-Mexico border delays hit autos: industry group
“Very serious” delays in exporting goods over the U.S.-Mexico border are impacting the auto industry, Eduardo Solis, the president of the Mexican Auto Industry Association (AMIA), said on Monday.
EU data supervisor probes EU bodies’ software deals with Microsoft
EU data protection authorities are investigating whether the European Commission and other EU institutions comply with the bloc’s strict data privacy rules in their software deals with Microsoft.
Explainer: For Fed’s trillions in bonds, size isn’t all that matters
President Donald Trump last week called on the U.S. Federal Reserve to start building up its war chest of bonds again. He may get his wish – though not for the reason he wants.
Wall Street rally stalls on Boeing slide, earnings jitters
U.S. stocks were lower on Monday, following the S&P 500’s seven-day winning streak, as Boeing fell and investors braced for what could be the first decline in corporate earnings since 2016.
Stocks mostly flat on profit concerns, oil gains
NEW YORK – A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares.
Investors flock to Saudi Aramco’s debut international bond
Saudi Aramco has received bids for more than three times the $10 billion it was expected to raise in a debut international bond issue, which is being watched as a gauge of potential investor interest in the oil company’s eventual initial public offerin…
Shareholder advisers urge investor protest over Credit Suisse CEO’s pay
Two shareholder advisers have recommended Credit Suisse shareholders vote against the Swiss bank’s compensation report and a third backed the report while expressing reservations about whether management pay matched performance.
Debenhams’ fate in the balance after Ashley rescue plan rejected
Sports Direct boss Mike Ashley is still looking for ways to take control of Debenhams, he said on Monday after the ailing retailer rejected his rescue plan only hours before it was due to fall into the hands of its lenders.
GE shares tumble as J.P. Morgan analyst downgrades, cuts PT further
Shares of General Electric Co fell more than 7 percent on Monday after J.P. Morgan’s Stephen Tusa, a top-rated analyst, downgraded the stock and further cut his price target to a Street-low of $5.
U.S. Fed proposes new regulatory regime for foreign banks
The U.S. Federal Reserve on Monday proposed a new regulatory regime for 23 foreign banks operating in the U.S. that could make life easier for some lenders, while tightening up rules for more risky foreign firms.
