Nokia plays down compliance issues after shares drop
Nokia sought to play down the risks of an investigation into compliance issues at its Alcatel-Lucent business after its shares fell sharply on Friday.
American Airlines pilots will test 737 MAX software fix in Boeing simulator
American Airlines pilots will test Boeing Co’s 737 MAX software fix on simulators this weekend, the pilots’ union told Reuters on Thursday, a key step in restoring confidence in the jet after two fatal crashes.
U.S. Treasury curve inverts after PMI data misses estimates
The spread between three-month Treasury bills and 10-year note yields inverted on Friday for the first time since 2007 after U.S. manufacturing data missed estimates.
Commerzbank CEO sees strong investment bank as good fit: source
Commerzbank’s chief executive believes a strong and focused investment bank would be a good addition to the lender, according to a person familiar with his thinking on Friday.
Take Five: Take it easy, central banks – World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Wall Street falls as weak factory data fuels slowdown worries
Wall Street’s main indexes declined about 1 percent on Friday after a raft of weak manufacturing data from the United States and Europe led to a yield-curve inversion, stoking fears of an economic slowdown.
Watches of Switzerland has further U.S. acquisitions in its sights
Watches of Switzerland expects to make further acquisitions in the United States, which it first entered in 2017 with the purchase of jeweler Mayors, its chief executive told Reuters.
GM confirms plans to build new EV, invest $300 million in Michigan plant
General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle.
Former NBA star Shaquille O’Neal joins Papa John’s board
Pizza chain Papa John’s International Inc, trying to recover from a string of high-profile public relations blunders, on Friday named former basketball star Shaquille O’Neal as its newest board member, brand ambassador and investor.
U.S. Treasuries curve inverts, stocks fall on global growth fears
The spread between three-month Treasury bills and 10-year note yields inverted for the first time since 2007 on Friday and stocks around the world fell after soft U.S. and European data fueled fears of a global economic slowdown following this week’s d…
