Washington dreams on hold, Scaramucci revels in Las Vegas glow
LAS VEGAS (Reuters) – Anthony Scaramucci was soaking up plenty of love this week at his high-profile hedge fund conference even as his political ambitions remained in limbo.
Time up on Trump trade, hedge funds look abroad
LAS VEGAS (Reuters) – Hedge fund managers said they are looking beyond the United States for investment ideas as the so-called Trump bump stock market rally shows signs it may be fizzling.
Halliburton’s incoming CEO sees significant price hike
HOUSTON (Reuters) – Halliburton Co , the No. 2 oilfield service provider, expects to raise prices at least 10 percent and in some cases 20 percent or more this year, higher increases than many customers expect but ones that company executives said were…
VW CEO says successor likely to come from within: Handelsblatt
FRANKFURT (Reuters) – Germany’s Volkswagen will likely pick a new chief executive officer (CEO) from within the carmaker’s own ranks, CEO Matthias Mueller told German daily Handelsblatt.
Saudi Aramco to sign deals with U.S. firms during Trump visit: sources
JEDDAH, Saudi Arabia (Reuters) – Saudi Aramco [IPO-ARMO.SE] is due to sign deals with 12 U.S. companies on Saturday during U.S. President Donald Trump’s visit to Saudi Arabia, sources with knowledge of the matter said.
U.S. launches probe of Boeing dumping, subsidy claims vs Bombardier
SEATTLE (Reuters) – The U.S. Commerce Department said on Thursday it was launching an investigation into claims by Boeing Co that Canadian plane maker Bombardier Inc dumped CSeries jetliners in the U.S. market and is being unfairly subsidized by the …
Four car makers settle claims over Takata inflators for $553 million
WASHINGTON/TOKYO (Reuters) – Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million recalled vehicles with potentially defective Takata airbag inflators, court documents fil…
Fed should keep raising interest rates, Mester says
SAN FRANCISCO (Reuters) – Cleveland Federal Reserve Bank President Loretta Mester on Thursday repeated her call for further U.S.-interest rate hikes now that the economy has reached full employment and inflation is nearing the Fed’s 2-percent goal.
NYSE blasts Bats plan to compete for end-of-day NYSE stock orders
NEW YORK (Reuters) – The New York Stock Exchange has urged its members to denounce a plan by rival exchange operator Bats to compete for end-of-day orders of NYSE-listed companies, saying it would make it harder to get trades done and would distort sto…
Trump administration starts countdown to NAFTA talks in mid-August
WASHINGTON (Reuters) – The Trump administration on Thursday set the clock ticking toward a mid-August start of renegotiations of the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturer…
