HSBC, miners lift European shares as dollar holds near lows
LONDON (Reuters) – Forecast-beating profits at HSBC and strong gains for miners on the back of a two-year high in copper prices lifted European shares on Monday while the dollar edged up off 13-month lows against other major currencies.
Charter Communications says ‘no interest’ in buying Sprint
(Reuters) – U.S. cable operator Charter Communications Inc said on Sunday it was not interested in acquiring U.S. wireless carrier Sprint Corp, leaving the latter’s majority owner, SoftBank Group Corp, pondering how to orchestrate a merger.
Exclusive: MSCI warns Chinese companies about suspending trading of shares
SHANGHAI (Reuters) – Barely a month after approving the inclusion of Chinese shares in its benchmark emerging market index, MSCI is warning that companies in China that suspend trading in their shares for too long risk being dropped.
Oil near two-month high as producers set to meet again
LONDON (Reuters) – Oil was flat near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers’ meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OP…
Audi targets 10 billion euros in cost cuts to fund electric-car push: sources
BERLIN (Reuters) – Audi aims to cut costs by 10 billion euros ($12 billion) by 2022 to help fund a shift to electric cars as it seeks to move on after the emissions scandal, sources close to the carmaker said.
Outside adviser to Trump calls for firing of CFPB head Cordray
WASHINGTON (Reuters) – An outside adviser to U.S. President Donald Trump called on Sunday for the firing of Consumer Financial Protection Bureau director Richard Cordray.
Facebook’s Sandberg calls for new policies to boost women’s pay
LONDON (Reuters) – Facebook Inc Chief Operating Officer Sheryl Sandberg called on governments and companies to do more to close the gender pay gap on Sunday and said both girls and boys should be encouraged to become leaders from an early age.
Daimler finance arm expects record year after first-half gains
BERLIN (Reuters) – Daimler’s finance arm said it was heading for another record year after signing nearly one million new leasing and finance contracts between January and June.
VW sale of Ducati, Renk units lacks board support
BERLIN (Reuters) – Volkswagen’s planned sale of motorcycle brand Ducati and transmissions maker Renk has currently no majority backing on the carmaker’s supervisory board, with opponents to asset sales feeling invigorated by the group’s strong results…
Benetton family in shortlist to buy Ducati: source
MILAN (Reuters) – Italy’s Benetton family is among five bidders shortlisted to buy Italian motorcycle brand Ducati, which is being sold by Germany’s Volkswagen , a source close to the matter said on Saturday.
