Power plant owners limit Toshiba’s Westinghouse liabilities: sources
WILMINGTON, Del/NEW YORK (Reuters) – The owners of the unfinished Vogtle power plant in Georgia led by Southern Co agreed to cap Toshiba Corp’s responsibility for its guarantees on the much-delayed nuclear project, helping ease the Japanese electroni…
U.S. fails to reassure Europe, Japan over ‘Trumponomics’
BARI, Italy (Reuters) – The United States said on Saturday the world’s other rich economies were getting used to the policy plans of President Donald Trump, but Europe and Japan showed they remained worried about Washington’s shift.
G7 financial leaders reiterate FX pledges, vow more cyber cooperation
BUSBARI, Italy (Reuters) – Financial leaders of seven leading world economies pledged stronger cooperation against cyber crime on Saturday and not to use foreign exchange to gain competitive advantage, but stuck to their cautious wording on trade, thei…
Heineken targets global leadership with new zero alcohol beer
(This May 13 story corrects to show in paragraph 2 launch in 14 markets, not 17)
Carmaker Nissan says UK plant hit by cyber attack
LONDON (Reuters) – Nissan’s manufacturing plant in Sunderland, northeast England, has been affected by a cyber attack that has hit nearly 100 countries, a spokesman for the Japanese carmaker said on Saturday.
Renault expects return to normal production on Monday after cyber attack
PARIS (Reuters) – French carmaker Renault expects to be able to resume normal production on Monday in the factories that were hit by a global cyber attack, a spokesman said.
Southern Co to manage construction of Georgia nuclear plant
SAN FRANCISCO (Reuters) – Southern Co’s Georgia Power and Toshiba Corp’s Westinghouse have reached a tentative deal to transfer project management of the expansion of a Georgia nuclear power plant to units of Southern Co, Georgia Power said in a stat…
Technicals stand out amid a quiet market
NEW YORK (Reuters) – As the strongest earnings season since 2011 draws to a close, and with the S&P 500 and Nasdaq Composite hovering near record highs, the biggest concern for some market analysts is, well, the lack of concern.
Snap earnings ‘miss’ shows misreading of analyst ‘expectations’
SAN FRANCISCO (Reuters) – A widespread view on Wall Street this week was that Snap Inc fell short of revenue forecasts when it posted its first quarterly results as a public company, triggering a big selloff in its shares.
High-profile Snap stakeholders revealed in filings
NEW YORK/BOSTON (Reuters) – Some of the biggest U.S. mutual and hedge funds, including Daniel Loeb’s Third Point and Daniel Och’s Och-Ziff Capital Management , owned stakes in Snap Inc , parent of the wildly popular Snapchat messaging app, at the end o…
