World Stocks stumble as U.S. yields near 3 percent
LONDON (Reuters) – World stocks slipped on Monday as investors braced for a blizzard of earnings from the world’s largest firms, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.
China’s HNA Group to remain a ‘major investor’ in Deutsche Bank: HNA spokesman
BEIJING (Reuters) – China’s HNA Group [HNAIRC.UL] will remain a “major investor” in Deutsche Bank , the aviation-to-financial services conglomerate said in a statement on Monday, citing a company spokesman.
Air France KLM shares fall amid more strike disruption
PARIS (Reuters) – Air France KLM shares fell on Monday as its Air France division faced further disruption to flights due to workers striking in protest over pay.
German engineering trade body calls for new EU trade deal with U.S.
HANOVER, Germany (Reuters) – The head of Germany’s engineering trade body on Monday called for a fresh attempt at a free trade agreement between the United States and the European Union in the face of steel and aluminum tariffs announced by U.S. Presid…
Graphic: The long goodbye to easy money – Five questions for the ECB
LONDON (Reuters) – The ECB meets on Thursday against a backdrop of concern about a global trade spat and a softening in euro zone economic data that could potentially hamper the central bank’s plans to unwind its extraordinary monetary stimulus.
Asia stocks struggle as U.S. yields near 3 percent; oil stays high
SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.
China fund managers slash ZTE valuation after U.S. sanction
SHANGHAI (Reuters) – Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival.
‘People will revolt’: workers say Russia must save sanctions-hit Rusal
SAYANOGORSK, Russia (Reuters) – Workers at one of Russia’s biggest aluminum smelters say their Siberian town is doomed unless Moscow mitigates U.S. sanctions against aluminum giant Rusal, a predicament mirrored across the company’s sprawling operations…
U.S. fund managers brace for trade war with focus on pricing power
NEW YORK (Reuters) – Investors’ fears of an all-out trade war between the United States and China is prompting U.S. stock fund managers to hunt for companies that can easily pass on higher costs to their consumers.
Asia stocks struggle with rising yields; oil stays high
SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.
