Citi to raise pay for women and minorities in U.S., UK, Germany
(Reuters) – Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.
Carillion collapse hits banks and investors, boosts short sellers
LONDON (Reuters) – Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion’s collapse on Monday.
America Last? EU says Trump is losing on trade
BRUSSELS (Reuters) – The European Union’s trade tsar has no idea what Donald Trump will tell his audience at the World Economic Forum in Davos next week, but she is clear what the EU’s message to the U.S. president will be.
Britain’s Carillion collapses after banks pull the plug
LONDON (Reuters) – Carillion collapsed on Monday when its banks pulled the plug, triggering Britain’s biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to roadworks.
Airbus wins 2017 order race after last-gasp sales spree
PARIS (Reuters) – Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing’s recent lead in the global jet market to win their annual order contest for a fifth year in a row, though doubts remain over the future of its flagship A380.
BMW optimistic on favorable outcome to NAFTA talks
FRANKFURT (Reuters) – BMW is optimistic Washington’s drive to renegotiate the North American Free Trade Agreement (NAFTA) will result in a deal that benefits the German carmaker, it said on Monday.
Adidas targets US market share of 15-20 percent: paper
FRANKFURT (Reuters) – German sportswear maker Adidas wants to increase its U.S. market share to around 15-20 percent from levels that are now “significantly lower”, its chief financial officer said.
Investors see few silver linings in Carillion collapse
LONDON (Reuters) – Investors struggled to find buying opportunities after the collapse of British construction and support services company Carillion on Monday, underscoring how risks have piled up for the whole industry.
German carmakers eye further U.S. market share gains in 2018: VDA
DETROIT (Reuters) – German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world’s second largest car market is seen falling again slightly, Germany’s VDA industry …
Lloyd’s of London to open Brussels unit in early 2019: CEO
HONG KONG (Reuters) – Insurance market Lloyd’s of London [SOLYD.UL], an integral part of the British business scene since the 17th century, is on track to start operations at its Brussels unit next January, its chief executive said on Monday.
