McDonald’s quarterly U.S. comp sales beat estimates
(Reuters) – McDonald’s Corp reported a bigger-than-expected increase in quarterly U.S. comparable sales on Tuesday as offers such as $1 beverages and its McPick 2 for $5 promotion helped attract more diners.
United Tech’s quarterly profit slumps 8 percent
(Reuters) – United Technologies Corp reported a 7.8 percent drop in quarterly profit on Tuesday, partly as it spends on increasing production of its fuel-saving geared turbofan aircraft engines.
Auto industry tells Trump ‘We’re winning with NAFTA’
WASHINGTON (Reuters) – Major automakers, suppliers and auto dealers launched a new coalition on Tuesday to urge U.S. President Donald Trump not to withdraw from the North American Free Trade Agreement.
Ryanair delays plans limiting carry on bags until January
DUBLIN (Reuters) – Ryanair will delay plans forcing non-priority customers to place any second larger carry-on bags in the hold to allow passengers “more time to familiarize themselves with the changes,” it said on Tuesday.
European yields climb ahead of ECB, NZ$ hits five-month low
LONDON (Reuters) – European stocks dipped and bond yields drifted higher on Tuesday, as data from the euro zone’s top economies bolstered the case for the European Central Bank to signal a sizeable cut this week to its stimulus measures.
Monte dei Paschi shares to resume trading after 10-month halt
MILAN (Reuters) – Monte dei Paschi di Siena shares will resume trading on Wednesday, after a failed attempt by Italy’s fourth-largest bank to raise capital triggered a 10-month suspension.
Toshiba weighing options in case chip unit sale not completed by March
CHIBA CITY, Japan (Reuters) – Toshiba Corp said it is considering various measures in case the $18 billion sale of its chip unit does not close by the end of the financial year and leaves the embattled conglomerate short of funds needed to ensure it s…
Asian shares hover near recent highs; NZ$ at five-month lows
SYDNEY (Reuters) – Asian shares held near recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar stumbled to five-month lows as the incoming Labour coalition’s policies unsettled investors.
Exclusive: Mexico telecoms regulator to vote on letting Slim’s America Movil charge rivals
MEXICO CITY (Reuters) – Mexico’s telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim’s America Movil to start charging local rivals again for calls made to clients on its network, according to a document seen …
Microsoft to drop lawsuit after U.S. government revises data request rules
(Reuters) – Microsoft Corp said it will drop a lawsuit against the U.S. government after the Department of Justice (DOJ) changed data request rules on alerting internet users about agencies accessing their information.
