DowDuPont upbeat on growth as sales rise 14 percent
(Reuters) – U.S. chemicals producer DowDuPont reported a 14 percent rise in net sales for the fourth quarter as a strong global economy led to robust demand and higher prices for its products.
Equities battle rising global bond yields to snap end-Jan losing streak
LONDON (Reuters) – World stocks rose on Thursday after a run of losses at the end of January as European shares opened higher, although U.S. and German bond yields near multi-year highs checked the gains and kept stocks from regaining recent record hig…
Daimler says production lost from strikes hard to compensate
FRANKFURT (Reuters) – Daimler Chief Executive Dieter Zetsche on Thursday said it would be hard to make up for production shortfalls caused by strikes staged by German factory workers.
After London launch, Ford to start Chariot minibus service in sixth U.S. city
LONDON (Reuters) – Ford will launch its Chariot minibus services in a sixth U.S. city “very shortly”, further expanding the service designed to appeal to those moving away from traditional car ownership after it began in London this week, an executive …
Shell poised to dethrone Exxon in oil titans’ cash clash
LONDON (Reuters) – Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector’s biggest cash generator after higher oil and gas prices combined with an improved performance lifted its 2017 revenue.
Asian shares struggle, China dips on Lunar New Year profit-taking
TOKYO (Reuters) – An index of Asian shares swung into negative territory on Thursday, erasing earlier gains, as a late retreat in Chinese stocks pulled the benchmark lower and as concerns about rising interest rates softened investor sentiment.
Shell’s 2017 profits more than double
LONDON (Reuters) – Royal Dutch Shell’s profit more than doubled in 2017 to $16 billion, their highest since the start of the 2014 downturn, boosted by stronger oil and gas prices and production as well as improved performance.
U.S. pork demand strong, but trade disputes could hit exports
CHICAGO (Reuters) – American consumers are snapping up plentiful low-cost pork, but U.S. farmers are worried that trade spats with key export markets in China, Mexico and Canada could hurt a lucrative part of their pork business.
Saudi Arabia steps up efforts to end $22-billion debt dispute: sources
DUBAI (Reuters) – Saudi Arabia has accelerated steps to resolve a $22-billion debt dispute that is seen by investors as a litmus test of Crown Prince Mohammed bin Salman’s commitment to reforms, three sources familiar with the matter say.
Insurers gingerly test bitcoin business with heist policies
NEW YORK(Reuters) – Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing business.
