Stock futures flat on rising U.S. yields, North Korea worries
(Reuters) – U.S. stock index futures were little changed on Wednesday as investors assessed the impact of a surge in bond yields, while growing doubts about the U.S.-North Korea summit also weighed.
For Big Oil, reserve size matters less than ever
LONDON (Reuters) – A decade ago, the news that the world’s top oil and gas companies had less than 12 years of production left in their reserves might have caused a panicked sell-off in their shares.
Italian stocks slide, dollar powers on to new 2018 high
LONDON (Reuters) – Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government might seek debt forgiveness, while the dollar ignored a pull-back in U.S. bond yields and rallied to a new 2018 high.
Top Novartis lawyer exits over Trump attorney deal error
ZURICH (Reuters) – Novartis’ top lawyer Felix Ehrat is leaving the Swiss drugmaker, saying a $1.2 million contract he co-signed with U.S. President Donald Trump’s personal attorney was a mistake.
Deutsche Boerse CEO on the hunt for acquisitions
FRANKFURT (Reuters) – Deutsche Boerse’s chief executive is on the lookout for acquisitions as one of the pillars of the German stock exchange operator’s growth strategy.
Italian stocks slide, dollar’s rally pauses
LONDON (Reuters) – Italian stocks fell on Wednesday after reports that two parties seeking to form Italy’s next government could seek debt forgiveness, although broader markets were unfazed and focused instead on a pause in surging U.S. bond yields.
Deutsche Boerse CEO is on the lookout for acquisitions
FRANKFURT (Reuters) – The new chief executive officer of Deutsche Boerse is on the lookout for acquisitions as one of the pillars of the German stock exchange operator’s growth strategy.
Russian watchdog says around 7,600 Lexus, Toyota cars recalled
MOSCOW (Reuters) – Russia’s standards agency said on Wednesday it had been informed about the voluntary recall of 7,638 Lexus and Toyota cars sold from June 2015 to September 2016.
Novartis top lawyer exits in wake of Trump attorney deal
ZURICH (Reuters) – Novartis General Counsel Felix Ehrat will leave the Swiss drugmaker over his role in a $1.2 million contract it struck with the personal lawyer for U.S. President Donald Trump, saying on Wednesday the pact was legal but an error.
Australia’s trade minister says China ties a priority after recent ‘differences’
SYDNEY (Reuters) – Australia’s trade minister will use a visit to China this week to reinforce ties with his country’s largest trading partner, he said on Wednesday, following a recent souring in relations.
