T-Mobile profit surges on $2.2 billion tax gain
(Reuters) – T-Mobile US Inc’s quarterly profit rose nearly seven fold as the No. 3 U.S. wireless carrier added subscribers and recorded a $2.2 billion gain from the change in U.S. tax laws.
Fed likely to continue raising rates: Kaplan
FRANKFURT (Reuters) – The U.S. Federal Reserve is likely to continue removing policy accommodation gradually and could hike rates three times this year, Dallas Fed President Robert S. Kaplan told a business conference in Frankfurt on Thursday.
Maritime patrol aircraft seen as key in Asia, but buyers elusive
SINGAPORE (Reuters) – When Boeing’s P-8A Poseidon first arrived at the Singapore Airshow two years ago, it caused a stir. Defence buyers around the region were intrigued by the new aircraft, which was touted as reliable, capable and absolutely necessar…
Shares fragile, U.S. budget deal puts bonds on defensive
LONDON (Reuters) – World stock markets remained on shaky ground on Thursday as U.S. bond yields crept back towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion.
Russian watchdog says to examine Facebook in second half
MOSCOW (Reuters) – Russian communications watchdog Roskomnadzor said on Thursday it would carry out an audit into Facebook’s compliance with Russian legislation in the second half of the year.
U.S. growth could slip in coming two years: Kaplan
FRANKFURT (Reuters) – Economic growth in the United States may peak this year and could slow in the coming two years, Dallas Fed President Robert S. Kaplan told a business conference in Frankfurt on Thursday.
Global shares fragile, U.S. yields creep up after U.S. budget deal
TOKYO (Reuters) – Global share markets remained shaky on Thursday as U.S. bond yields crept up towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion.
Samsung chairman named as suspect in $7.5 million tax evasion case
SEOUL (Reuters) – Samsung Electronics’ ailing chairman, Lee Kun-hee, was named by South Korean police on Thursday as a suspect in an 8.2 billion won ($7.5 million) tax evasion case that involved the use of bank accounts held by employees.
Walmart makes push to sell online goods at $10 and up to capture elusive e-commerce profit
(Reuters) – Walmart Inc is asking vendors to supply it with more merchandise priced at $10 and up, as part of a major push to finally turn a profit at its online business, according to four people with knowledge of the matter.
Texas flood: U.S. oil exports pour into markets worldwide
NEW YORK/LONDON/SINGAPORE (Reuters) – In the two years since Washington lifted a 40-year ban on oil exports, tankers filled with U.S. crude have landed in more than 30 countries, ranging from massive economies like China and India to tiny Togo.
