Wall Street heads lower, tax plan doubts weigh
(Reuters) – Wall Street was set to open marginally lower on Tuesday as worries about Republican tax plans and the economy’s ability to deal with more rises in interest rates weighed on the mood among investors.
U.S. financial giants create consortium to vet third party suppliers
(Reuters) – Bank of America Corp , JPMorgan Chase & Co , Wells Fargo & Co and American Express Co , have created a company called TruSight to standardize the work of vetting third party suppliers and partners, according to an announcement Tuesday by the newly-formed consortium.
Home Depot lifts full-year forecasts on boost from hurricanes
(Reuters) – Home Depot Inc , the largest U.S. home improvement chain, on Tuesday raised its full-year profit and sales forecast again after hurricanes Harvey and Irma spurred demand for generators, flashlights and rebuilding materials.
GE says plans new wind farms in Finland, Sweden
HELSINKI (Reuters) – General Electric’s power generation unit is planning to build new wind farms in Finland and Sweden, a company executive said on Tuesday.
Kuwait airline in draft deal for 25 Airbus A320neo jets
DUBAI (Reuters) – Airbus said on Tuesday it had signed a preliminary agreement to sell 25 A320neo aircraft to Golden Falcon Aviation, the exclusive aircraft supplier to Wataniya Airways of Kuwait.
Home Depot profit beats as hurricanes spur demand
(Reuters) – Home Depot Inc , the largest U.S. home improvement chain, beat analysts’ quarterly profit and sales estimates, as hurricanes Harvey and Irma boosted demand for emergency products and rebuilding materials.
Fed chief says policy guidance beneficial but must be conditional
FRANKFURT (Reuters) – The U.S. Federal Reserve’s guidance about its likely future policy path is beneficial but should always be viewed as conditional on how the economy actually develops, Fed Chair Janet Yellen said on Tuesday.
UAE announces $684 million Raytheon laser guided bomb kit order
DUBAI (Reuters) – The United Arab Emirates’ military said on Tuesday it was buying laser-guided missiles from US-based Raytheon Co in a deal worth 2.5 billion dirhams ($684.4 million).
German growth surprise lifts Europe as China subdues Asia
LONDON (Reuters) – Strong German economic growth data drove the euro to a three-week high on Tuesday and gave European stocks a lift after five days of falls put them at a two-month low.
Tesco wins UK regulator’s provisional approval for Booker takeover
LONDON (Reuters) – Tesco won provisional approval for its 3.7 billion pound ($4.9 billion) takeover of wholesaler Booker from the UK competition regulator on Tuesday, moving Britain’s biggest retailer closer to securing a new avenue of growth.
