Britain heads back to the Brexit table, plans in hand, economy in decline
LONDON (Reuters) – Britain’s economy is beginning to feel the Brexit pinch, or perhaps given the strong performance of the rest of the world economy, it should be punch.
Fiat Chrysler says will always evaluate deal inquiries
MILAN (Reuters) – Fiat Chrysler (FCA) said on Friday it would evaluate any inquiries about potential transactions, but did not have anything to add to its previous comments on reported interest from China’s Great Wall Motor in its Jeep brand.
Without insurance, some vendors balk at stocking Sears’ shelves
(Reuters) – U.S. department store operator Sears Holdings Corp is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk.
Stocks heading for best weeks in six ahead of Yellen, Draghi speeches
LONDON (Reuters) – World stocks climbed toward their best week in six on Friday, as a near three-year high in emerging market shares and a roaring rally in metals bolstered the year’s global bull run.
Spotify reaches licensing deal with Warner Music
(Reuters) – Spotify said on Thursday it has renewed its global licensing partnership with a third major label, Warner Music Inc, the last big music royalty deal it needs before pushing ahead with a U.S. stock market listing.
Exclusive: U.S. steel executives appeal directly to Trump for import restrictions
WASHINGTON (Reuters) – American steel industry executives have appealed directly to President Donald Trump for immediate import restrictions in a letter seen by Reuters, as a U.S. Commerce Department national security probe languishes and steel imports…
U.S. accuses former Societe Generale bank managers of Libor scheme
WASHINGTON (Reuters) – U.S. authorities on Thursday charged two managers at French bank Societe Generale with taking part in a scheme to manipulate the global U.S. dollar Libor benchmark interest rate.
Low world inflation dogs central bankers, even as economies grow
JACKSON HOLE, Wyo. (Reuters) – The world’s top central bankers gather in Jackson Hole, their confidence bolstered by a sustained return to economic growth that may eventually allow the European Central Bank and the Bank of Japan to follow the Federal R…
Exclusive: Tesla’s ‘long-haul’ electric truck aims for 200 to 300 miles on a charge
SAN FRANCISCO (Reuters) – Tesla Inc next month plans to unveil an electric big-rig truck with a working range of 200 to 300 miles, Reuters has learned, a sign that the electric car maker is targeting regional hauling for its entry into the commercial …
Uber battle escalates as investors try to intervene in Benchmark lawsuit
SAN FRANCISCO (Reuters) – A battle among shareholders over Uber Technologies Inc [UBER.UL] escalated on Thursday as some investors sought to fight a lawsuit by shareholder Benchmark Capital against ousted Chief Executive Travis Kalanick.
