Automakers keep wary eye on tariff impact, possible trade war
NEW YORK (Reuters) – Executives from major automakers raised concerns at the New York auto show this week about the possibility of a trade war after the Trump administration imposed tariffs on steel and aluminum imports earlier this month, especially a…
Wall Street rises as technology shares gain
(Reuters) – U.S. stocks were higher on Thursday as technology shares showed signs of recovery following a selloff in the last two weeks that was triggered by worries over increased regulations.
Big Deutsche Bank investors want clarity on CEO from board: sources
FRANKFURT (Reuters) – Large investors in Deutsche Bank said on Thursday that they want a clear signal from the chairman on whether the board backs the lender’s embattled chief executive officer or not, according to two people close to the matter.
Britain shrugs off Brexit to enjoy boom in dealmaking
LONDON (Reuters) – British companies have been swept up in a global boom in dealmaking that has seen the amount of M&A involving UK firms hit its highest level since 2007.
U.S. consumer spending up slightly; jobless claims at 45-year low
WASHINGTON (Reuters) – U.S. consumer spending rose marginally for a second straight month in February as households boosted savings, the latest indication that the economy lost momentum in the first quarter.
Barclays to pay $2 billion U.S. fine over mortgage fraud claims
WASHINGTON/LONDON (Reuters) – Barclays has agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 and 2007, the U.S. Just…
British lawmakers publish evidence from Cambridge Analytica whistleblower
LONDON (Reuters) – A committee of British lawmakers on Thursday published written evidence provided by a whistleblower who says information about 50 million Facebook users ended up in the hands of political consultancy Cambridge Analytica.
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
U.S. jobless claims drop to more than 45-year low
WASHINGTON, (Reuters) – The number of Americans filing for unemployment benefits fell to more than a 45-year low last week, suggesting the economy remains strong despite signs of a slowdown in the first quarter.
Trump escalates attack on Amazon, slams it on taxes, shipping
WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday blasted Amazon.com Inc with a list of complaints, a day after news website Axios reported that Trump wants to curb the mega retailer’s growing power using federal antitrust laws and led it…
