House Speaker casts doubt on Congress acting to stop trade tariffs
U.S. House Speaker Paul Ryan said on Thursday that while he does not support President Donald Trump’s moves to impose tariffs on major U.S. trading partners’ goods, he questioned the wisdom of Congress taking legislative action to stop such sanctions.
Exclusive: Linde and Praxair to win EU antitrust nod for $83 billion deal – sources
Linde and Praxair will win approval regulatory clearance for their planned $83 billion merger after pledging to sell Praxair’s assets to boost a Japanese rival in Europe, two people familiar with the matter said on Thursday.
Stocks, commodities regain footing after dropping on trade worries
Stock markets around the world bounced back on Thursday, with U.S. gains led by merger activity and earnings optimism that offset concerns over an escalating U.S. trade battle with China.
Tech stocks, industrials lead Wall Street higher
U.S stocks gained on Thursday, led by marquee technology stocks hitting record highs and a rebound in industrial stocks, as optimism of a strong earnings season offset fears about a U.S-China trade war.
Oil steadies despite IEA warning of spare capacity limits
Oil prices steadied on Thursday, after the International Energy Agency’s (IEA) warned that the world’s oil supply cushion “might be stretched to the limit” due to production losses in several different countries.
Tesla hits 200,000 cars, meaning lower tax credit for buyers
Tesla Inc has delivered 200,000 electric cars to buyers in the United States, a spokesperson said on Thursday, meaning tax credits will now begin to be lowered, while rivals such as Mercedes-Benz, BMW AG and Audi AG will bring electric models to the ma…
Trader Cargill’s profits soar on meat, animal feed demand
Cargill Inc’s [CARG.UL] fourth-quarter profit more than doubled, it said on Thursday, as global demand for meat and animal feed soared and commodity market volatility eased a squeeze on the company’s trading unit.
Glencore shares under cloud after U.S demands Congo documents in probe
A U.S. demand for documents related to Glencore’s assets in Democratic Republic of Congo (DRC) as part of a corruption probe has rattled investors and is likely to weigh on the miner’s performance until there is more clarity on the case.
Exclusive: EU regulators to okay $83 billion Linde, Praxair deal – sources
EU antitrust regulators are set to approve gases groups Linde and Praxair’s $83 billion merger after pledging to sell Praxair’s assets to boost a Japanese rival in Europe, two people familiar with the matter said on Thursday.
Broadcom loses $19 billion in market value after bid to buy CA
Chipmaker Broadcom Inc’s surprise bid to buy software company CA Inc for $18.9 billion wiped off the same amount from its market value on Thursday, with investors and analysts struggling to find a clear reason for the deal.
