Exclusive: Mexican state pension fund spent millions on failing builder – sources
MEXICO CITY (Reuters) – Mexico’s state workers’ pension fund plowed more than $20 million into ICA and became the largest shareholder as the builder spiraled toward insolvency, according to people familiar with the matter, with the fund’s investment s…
DowDuPont executive chairman Andrew Liveris to leave: WSJ
(Reuters) – U.S. chemicals producer DowDuPont Inc’s executive chairman Andrew Liveris will step down on April 1 and its co-lead director Jeff Fettig will assume Liveris’s role at the company, the Wall Street Journal reported on Monday.
Asia shares rally as U.S. job data revive risk appetite
SYDNEY (Reuters) – A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites glob…
Asia shares rally, yen eases on U.S. inflation relief
SYDNEY (Reuters) – A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites glob…
Oil prices rise on reduced U.S. drilling activity, booming job market
SINGAPORE (Reuters) – Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production and as the U.S. economy continued to create jobs, which industry hopes will drive higher fuel demand.
Campbell Soup shares could be a bargain after decline: Barron’s
(Reuters) – Campbell Soup Co faces challenges but with its shares the cheapest they have been in years, the stock may be a bargain, Barron’s said in an article on Sunday.
Germany, China warn Trump tariff moves threaten global trade
BERLIN (Reuters) – Germany denounced moves by President Donald Trump to impose tariffs on U.S. metal imports, saying Europe needed a united response to the threat and echoing criticism from China that it risked undermining the global trade system.
Boeing says Israel may opt for Chinooks over Sikorsky choppers
JERUSALEM (Reuters) – The Israeli military could decide within months to buy Boeing Co.’s CH-47 Chinook transport helicopters following a strong endorsement by its ground forces, a senior Boeing official said on Sunday.
Deutsche Bank to pay staff 2 billion euros in bonuses for 2017
FRANKFURT (Reuters) – Deutsche Bank said on Sunday its 2017 bonus pool would be above 2 billion euros ($2.46 billion), as the loss-making bank seeks to retain staff during a major overhaul.
Deutsche Bank says 2017 bonus pool to be above 2 billion euros
FRANKFURT (Reuters) – Deutsche Bank on Sunday said its 2017 bonus pool would be above 2 billion euros ($2.46 billion).
