Asian stocks slip after European surge fades, dollar edges up
TOKYO (Reuters) – Asian stocks slipped on Tuesday, their recent recovery stalling after European equities broke a winning streak, while the dollar edged up to pull further away from three-year lows.
Corbyn warns bankers: finance will serve Britain under Labour government
LONDON (Reuters) – Britain’s financial sector will be “the servant of industry not the masters of us all” if the opposition Labour Party gets into power, its leader Jeremy Corbyn will say on Tuesday, accusing bankers of taking the economy hostage.
Asian stocks dip after European surge fades, dollar firm
TOKYO (Reuters) – Asian stocks dipped on Tuesday, their recent recovery slowing after European equities broke a winning streak, while the dollar held firm after bouncing from three-year lows.
Over half of Japan firms do not plan base pay rise this year
TOKYO (Reuters) – More than half of Japan’s companies do not plan to raise base pay in annual wage talks in coming months, a set back for the prime minister and the country’s main business lobby which has called for wage rises of 3 percent to fuel an e…
BoE’s Carney says Bitcoin has ‘pretty much failed’ as currency
LONDON (Reuters) – Bitcoin <BTC=BTSP> has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday.
BlackRock upgrades outlook for U.S. stocks on earnings momentum
(Reuters) – The world’s biggest asset manager BlackRock Inc upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral.
Uber suspends service in Morocco after two years
BRUSSELS (Reuters) – Uber said on Monday it would suspend operations in Morocco, two years after they began, as it tries to bring its business into line with local laws.
Uber drops opposition to London language test
LONDON (Reuters) – Taxi app Uber [UBER.UL] is dropping a legal appeal against the introduction of more stringent English language tests for drivers in London after the city’s transport regulator said it would water down its stringent proposals.
World stocks break recovery streak with U.S. and China closed
LONDON (Reuters) – World stocks were set to post their first loss in five days on Monday, breaking a winning streak that saw them recover almost half their losses from a violent sell-off two weeks ago.
How a U.S. coal deal warmed Ukraine’s ties with Trump
KIEV (Reuters) – For the first time in Ukraine’s history, U.S. anthracite is helping to keep the lights on and the heating going this winter following a deal that has also helped to warm Kiev’s relations with President Donald Trump.
