Nasdaq open to cryptocurrency exchange in future, says CEO
(Reuters) – Nasdaq Inc is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves, the head of the exchange operator said on Wednesday.
Stocks slide for fifth day as U.S. 10-year yield tops 3 percent
NEW YORK (Reuters) – A gauge of global equities was poised for its longest losing streak of the year on Wednesday as 10-year U.S. Treasury yields once again rose above the 3 percent mark, stoking concerns about rising costs that could dampen corporate …
General Electric workers, shareholders protest at annual meeting
IMPERIAL, Pennsylvania (Reuters) – General Electric CO employees and shareholders voiced frustration on Wednesday with the company’s poor performance, while attending the first annual meeting under Chief Executive Officer John Flannery, who has presid…
Trump, Apple CEO Cook to talk trade at White House
WASHINGTON (Reuters) – President Donald Trump was set to meet with Apple Inc Chief Executive Officer Tim Cook to discuss trade issues on Wednesday as the technology industry grapples with a U.S. spat over import tariffs with China, a manufacturing hub…
Comcast confirms $31 billion bid for Sky, sparking battle with Fox
LONDON/NEW YORK (Reuters) – U.S. media group Comcast submitted a 22 billion pound($30.7 billion) bid for Sky on Wednesday, prompting the European pay TV group to drop its support for a lower offer from Rupert Murdoch’s Twenty-First Century Fox .
Peak or pause? Global economy’s hesitation unnerves markets
LONDON (Reuters) – World markets entered 2018 speculating that the most synchronized global economic expansion in a decade was about to overheat but growth has since proved underwhelming.
Qatar Airways confirms “substantial” annual loss, blames regional row
ANTALYA, Turkey (Reuters) – Qatar Airways made a “substantial” loss in its last financial year because of a regional dispute that has banned the airline from four Arab countries, its chief executive said on Wednesday without revealing the extent of the…
Twitter, tech stocks hit as Wall Street turns lower
(Reuters) – U.S. stocks headed lower on Wednesday with technology bearing the brunt of falls soon after opening as investors worried over rising bond yields, corporate costs and rising trade tensions with China.
U.S. sanctions encourage McDonald’s to cook up Russian fries
LIPETSK, Russia (Reuters) – French fries at McDonald’s restaurants from Moscow to Murmansk will be Russian from now on, as U.S. sanctions have spurred on a shift by the American fast-food chain to use local potatoes.
Boeing cruises past forecasts as margins, sales grow
(Reuters) – Boeing Co’s profit jumped by more than half in the first quarter, surging past Wall Street forecasts, and strong sales of commercial jets led it to raise its forecasts for cash flow and earnings after a record 2017.
