Morgan Stanley chooses Frankfurt as EU hub post Brexit: source
FRANKFURT/LONDON (Reuters) – Morgan Stanley has chosen Frankfurt to be a new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the German…
Russia will struggle to turn on Siemens turbines in sanctions-bound Crimea
MOSCOW (Reuters) – Russia outfoxed European Union sanctions by delivering gas turbines made by Germany’s Siemens to the annexed Ukrainian region of Crimea. Now for the hard part, switching them on.
Exclusive: U.S., Canada, Mexico agree on fast-paced NAFTA talks – sources
MEXICO CITY/OTTAWA (Reuters) – U.S., Mexican and Canadian officials have agreed to an aggressive timetable to renegotiate the North American Free Trade Agreement (NAFTA), sources said, aiming to conclude early next year to avoid Mexico’s 2018 presidential elections.
Chipotle to reopen Virginia restaurant after norovirus reports
BOSTON (Reuters) – Chipotle Mexican Grill Inc said it will reopen a Virginia restaurant on Wednesday, two days after it was closed due to reports that several customers had fallen ill with suspected norovirus.
China Minmetals, China National Gold ‘unaware’ of merger talks
SINGAPORE (Reuters) – China Minmetals Corp and China National Gold Group are unaware of any merger talks between the two companies, their listed units said on Wednesday, after a Reuters report on a possible deal caused a rally in their shares.
KBW downgrades Goldman, calls it ‘show-me’ stock
(Reuters) – Keefe Bruyette & Woods raised concerns about Goldman Sachs Group Inc’s ability to grow revenue in a tough trading environment and cut its rating on Wednesday, a day after the bank reported a 40 percent slump in bond trading revenue.
SolarCity co-founder Peter Rive to quit Tesla
(Reuters) – Tesla Inc said SolarCity co-founder Peter Rive is leaving the company, eight months after the electric car maker bought the biggest U.S. residential solar panel maker.
Facebook in talks with publishers on supporting subscription models
(Reuters) – Facebook Inc is in early talks with several news publishers about how its social media site can better support subscription business models, the company’s head of news partnerships, Campbell Brown, said in a statement on Wednesday.
Court reinstates Uber ban in second-biggest Czech city
PRAGUE (Reuters) – A Czech regional court on Wednesday reinstated its ban preventing ride-hailing service Uber from operating in Brno, the country’s second-largest city, the court spokeswoman said.
Audi under fire in China for ad comparing used cars with brides
BEIJING (Reuters) – German luxury carmaker Audi AG has come under fire from consumers in China for an advert that compared buying a second-hand car to checking out a bride-to-be.
