Spanish judge prevents Swiss bank leaker Falciani from leaving country
MADRID/ZURICH (Reuters) – Spain’s High Court released Swiss bank whistleblower Herve Falciani from custody on Thursday but ordered him to remain in Spain while it considers an extradition request from Switzerland which wants to jail him for industrial …
Investors scope out potential European wins from U.S.-China frictions
LONDON (Reuters) – Nobody wins a trade war, International Monetary Fund chief Christine Lagarde said in March. But for some European companies, a bit of friction couldn’t hurt.
Facebook shares rise as Zuckerberg soothes investors
(Reuters) – Shares of Facebook Inc rose as much as 4.2 percent on Thursday after Chief Executive Officer Mark Zuckerberg said the social network had not seen any meaningful impact on usage or ad sales in the wake of a data privacy scandal.
Facebook, Amazon buoy Wall St. as trade concerns cool
(Reuters) – Facebook , Amazon and industrial stocks helped Wall Street extend its recovery on Thursday as fears over a trade war between the United States and China eased.
Peugeot boss says CO2 fines will create Chinese ‘Trojan Horse’
PARIS (Reuters) – A major European carmaker could be brought “to its knees” by carbon dioxide emissions fines, allowing a Chinese buyer to step in with its own electric vehicle technology, Peugeot maker PSA Group’s chief executive said.
Wall St. set to extend recovery as trade war fears cool
(Reuters) – U.S. stocks on Thursday looked set to add to late-session gains from a day earlier as concerns over a trade war between the United States and China eased on signs that the world’s two biggest economies were open to negotiations on tariffs.
Monsanto misses profit estimates as corn disappoints
(Reuters) – Monsanto Co on Thursday reported weaker-than-expected earnings for a second straight quarter, saying its corn business dropped as U.S. farmers planted fewer acres this spring, while low crop prices continued to drag the sector.
Futures climb as U.S.-China trade worries ease
(Reuters) – U.S. stocks on Thursday looked set to build on a strong recovery in the previous session as fears about a trade war between the United States and China cooled on signs that the two countries were open to negotiations on tariffs.
Fiat Chrysler prepares to part with Magneti Marelli
MILAN (Reuters) – Fiat Chrysler said on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and distributing shares in a new holding for 99-year old parts business to FCA investors.
China tariffs on U.S. business jets seen a boon for Canada’s Bombardier, others
MONTREAL/SINGAPORE (Reuters) – China’s plan to slap tariffs on some U.S.-made planes will hit demand for Gulfstream and Boeing business jets but benefit Canada’s Bombardier and other rivals seeking a larger share of Asia’s biggest market, jet brokers …
