As NAFTA ministers meet, Mexico eyes new deal by next week
MEXICO CITY (Reuters) – Ministers from the United States, Canada and Mexico meeting in Washington could agree on a revised North American Free Trade Agreement in the next 10 days, a Mexican business leader said on Tuesday.
U.S. consumer confidence rebounds; new home sales rise
WASHINGTON (Reuters) – U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter.
Shire receives new bid from Takeda as takeover deadline looms
LONDON (Reuters) – Japan’s Takeda Pharmaceutical has sweetened its $62 billion bid for Shire as it races to agree terms with the drugmaker before a deadline to strike a deal expires on Wednesday.
Deutsche Bank’s supervisory board voices support for chairman
FRANKFURT (Reuters) – The supervisory board of Deutsche Bank has voiced support for its chairman, Paul Achleitner, who has come under fire for his handling of management changes at the bank.
Wall Street posts slight gains as U.S. bond yield hits 3 percent
(Reuters) – U.S. stocks rose on Tuesday as strong earnings from Caterpillar, Verizon and a host of other big names boosted optimism about corporate America’s health, but the gains were curbed by rising bond yields.
Salesforce announces $2.2 billion French investment as Macron meets Trump
PARIS (Reuters) – U.S. software company Salesforce will invest more than $2.2 billion in its French business over the next five years, it said on Tuesday, in another sign of America Inc’s new love affair with France since President Emmanuel Macron’s e…
Lockheed Martin beats profit estimate, raises 2018 forecast
(Reuters) – Lockheed Martin Corp , the Pentagon’s No.1 weapons supplier, reported a better-than-expected quarterly profit and raised its full-year forecast, driven by higher sales of its stealthy F-35 combat jets.
Music streaming overtakes physical sales for the first time: industry body
LONDON (Reuters) – Online streaming services such Spotify and Apple Music have become the music industry’s single biggest revenue source, overtaking physical sales and digital downloads for the first time, a global industry body said on Tuesday.
Coca-Cola sales surge after Diet Coke reboot
(Reuters) – Coca-Cola Co beat Wall Street estimates with quarterly results on Tuesday, citing more demand for Coke Zero Sugar and new flavors under its Diet Coke brand as overall revenue topped expectations by around $300 million.
Futures rise as Caterpillar leads batch of strong earnings
(Reuters) – U.S. stock index futures rose on Tuesday as bond yields eased, while strong earnings from industrial heavyweights Caterpillar and United Technologies helped reinforce optimism about a first-quarter earnings season now in full swing.
