Citi sets restrictions on gun sales by retail clients
(Reuters) – Citigroup Inc added restrictions on firearms sales for new retail-sector clients, the Wall Street bank said on Thursday, the strongest move to date by a major U.S. lender following last month’s high school shooting in Florida.
Citi seeks to restrict gun sales by its retail clients
(Reuters) – Citigroup Inc will require its retail-sector clients to sell firearms only to customers who have passed a background check, the Wall Street bank said http://citi.us/2FVnjJj on Thursday.
Wall Street gripped by trade war fears
(Reuters) – The three major U.S. indexes fell more than 1.5 percent on Thursday, on track for their steepest drop in six weeks, gripped by the growing threat of a global trade war.
Exclusive: China to respond to U.S. tariffs, resist protectionism – WTO envoy
GENEVA (Reuters) – China is preparing a range of responses to planned U.S. tariffs and will stand up to protectionism, but still hopes for dialogue, Beijing’s ambassador to the World Trade Organization (WTO) said on Thursday.
GSK advances in Pfizer consumer health auction as Reckitt quits
NEW YORK/LONDON (Reuters) – GlaxoSmithKline has pulled ahead in a race to buy Pfizer’s consumer healthcare business, which the U.S. drugmaker believes could be worth as much as $20 billion, after its main rival Reckitt Benckiser quit the auction.
Trump to set stage for China tariffs amid trade war fears
WASHINGTON (Reuters) – U.S. President Donald Trump was expected to lay the foundation for tariffs on Chinese imports worth around $50 billion on Thursday, in a move likely to trigger retaliation from Beijing and stoke fears of a global trade war.
Facebook investors fret over costs as Zuckerberg apologizes
(Reuters) – Facebook Inc Chief Executive Mark Zuckerberg’s apology for mishandling user data and some limited proposals for change at the social network drew mixed responses on Thursday, while Wall Street analysts worried about costs and a loss of trus…
Four senior UK politicians urge regulator to block Murdoch-Sky deal
LONDON (Reuters) – Four high-profile British lawmakers have called for Rupert Murdoch’s Twenty-First Century Fox to be blocked from buying Sky , saying the mogul will be able to influence its news output despite promises to the contrary.
Wall Street drops 1 percent on trade war fears, tech tumble
(Reuters) – U.S. stocks fell about 1 percent on Thursday on the growing threat of a global trade war as the Trump administration plans to impose import tariffs on China and as technology stocks stayed under pressure.
India’s Mahindra, U.S. carmaker Ford to develop SUVs, electric vehicle
NEW DELHI (Reuters) – India’s Mahindra & Mahindra and U.S. carmaker Ford Motor Co have signed an agreement to develop midsize and compact sports utility vehicles (SUV) and an electric vehicle, the companies said in a joint statement on Thursday.
