Walnut whipped out as Nestle introduces nut-free fondants
LONDON (Reuters) – Nestle risked an outbreak of consumer mockery on Wednesday by launching new versions of its popular Walnut Whip candies lacking the nutty ingredient after which they are named.
Wall Street ends up but off highs after Trump announcement, Fed minutes
NEW YORK (Reuters) – U.S. stocks ended slightly firmer on Wednesday but off the day’s highs as worries mounted over President Donald Trump’s agenda and minutes from the latest Federal Reserve meeting suggested policymakers are worried about weak inflat…
Tencent results blow past forecasts on strength in games, WeChat
HONG KONG (Reuters) – Tencent Holdings Ltd , China’s biggest gaming and social media firm by revenue, trumped forecasts to post its best-ever quarterly results, driven by higher income from smartphone games, payments and online advertising.
Thomas Cook ready to play active role in Air Berlin’s future
BERLIN (Reuters) – Tour operator Thomas Cook and its German airline Condor are prepared to play an active role in a restructuring of insolvent carrier Air Berlin , Thomas Cook said on Wednesday.
Target’s profit, comp sales beat on higher customer visits
(Reuters) – Target Corp reported higher-than-expected quarterly profit and a 1.3 percent rise in comparable sales, after a year of declines, as more customers visited its stores and website.
Trump, in tweet, hits Amazon over taxes, jobs
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday criticized Amazon.com on Twitter over taxes and jobs and accused the global retailer, without offering evidence, of hurting U.S. localities and causing job losses.
Deutsche Bank to beef up trade finance in emerging markets
FRANKFURT (Reuters) – Deutsche Bank plans to beef up its trade finance business in the developing world, creating new jobs and investing in technology, it said on Wednesday.
Fiat Chrysler joins BMW-Intel self-driving car alliance
SAN FRANCISCO/FRANKFURT (Reuters) – Fiat Chrysler will join an alliance led by BMW to develop self-driving cars, intensifying a race by carmakers and technology companies to develop “robotaxis” which can be called up via smartphone and paid for by the …
U.S. talks tough on trade deficit as NAFTA discussions begin
WASHINGTON (Reuters) – The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and boosting U.S. content for autos.
Weaker euro, stronger growth lift Europe shares
LONDON (Reuters) – European shares were on track for their best week since late April on Wednesday, gaining almost 1 percent on forecast-beating growth data, rising metals prices and a weakening euro.
