U.S. panel says concerns over Broadcom deal warrant full investigation: Treasury
(Reuters) – A U.S. government security panel has identified potential security concerns that warrant a full investigation of Singapore-based Broadcom Ltd’s $117 billion bid for chipmaker Qualcomm Inc , a senior U.S. Treasury official said in a letter …
Wall Street recovery lifted by signs of North Korea talks
(Reuters) – Wall Street was set to open higher on Tuesday as the prospect of talks between North Korea and the United States and increasing resistance to President Donald Trump’s proposed metals tariffs encouraged risk appetite among investors.
Aramco IPO venue in the balance as Saudi prince embarks on trip
DUBAI/LONDON/WASHINGTON (Reuters) – Saudi Crown Prince Mohammed bin Salman’s upcoming trip to Britain and the United States could shape the decision on where to list oil giant Aramco, at a time when sources say the chances of London and New York hostin…
IAG’s Walsh calls for cheaper A380s as it considers fleet plan for Level
BRUSSELS (Reuters) – IAG could consider buying more A380s from Airbus if the superjumbo was cheaper, CEO Willie Walsh said, adding that he was also looking at planes for the airline group’s new carrier Level.
Stock futures higher on North Korea comments, easing trade war fears
(Reuters) – U.S. stock futures pointed to a higher opening on Tuesday on the prospect of talks between North Korea and the United States and increasing resistance to President Donald Trump’s proposed metals tariffs.
Target profit misses estimates in holiday quarter, sales jump
NEW YORK (Reuters) – Target Corp reported profit in the holiday quarter that fell short of analyst estimates on Tuesday, hurt by investments aimed at improving the competitiveness of its online operations and stores, sending shares down 2 percent in p…
IAG CEO says Airbus needs to be more aggressive on A380 pricing
BRUSSELS (Reuters) – IAG would consider buying more A380s from Airbus if the planemaker improves the pricing of the superjumbo, the airline group’s chief executive said on Tuesday.
U.S. clothing, cosmetics on possible EU retaliation list
BRUSSELS (Reuters) – Clothing, orange juice, cosmetics and other products from the United States may be subject to European Union duties if U.S. President Donald Trump carries out his threat to impose global import duties on steel and aluminum.
Kobe Steel admits data fraud went on nearly five decades, CEO to quit
TOKYO (Reuters) – Kobe Steel Ltd admitted on Tuesday its data fraud has been going on nearly five decades and also revealed new cases of cheating, highlighting the challenges facing the 112-year-old company mired in compliance failures and malfeasance….
Shares recover as Trump tariff plan faces resistance
LONDON (Reuters) – Share markets in Asia and Europe regained ground on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminum tariffs and a potential global trade war.
