U.S. stocks futures rally after centrist takes first round in French election
NEW YORK (Reuters) – U.S. stock index futures rose sharply on Sunday on relief that centrist Emmanuel Macron took the first round of voting in the French presidential election, reducing the prospect of an anti-establishment market shock.
Local, global security firms in race along China’s ‘Silk Road’
SHANGHAI/BEIJING (Reuters) – Global security companies and their smaller Chinese rivals are jostling for business along Beijing’s modern-day “Silk Road”, the grandiose plan for land and sea routes connecting the world’s second largest economy with the …
French election relief sends Europe soaring
LONDON (Reuters) – European shares opened sharply higher and the euro briefly vaulted to five-month peaks on Monday after the market’s favored candidate won the first round of the French election, reducing the risk of another Brexit-like shock.
World Bank Group, China-led AIIB agree to deepen cooperation
WASHINGTON (Reuters) – The World Bank Group and the China-led Asian Infrastructure Investment Bank said on Sunday they agreed to deepen their cooperation with a framework for knowledge sharing, staff exchanges, analytical work, development financing an…
Germany’s Merkel encouraged U.S. will consider EU free trade deal
HANNOVER, Germany (Reuters) – German Chancellor Angela Merkel fueled expectations of a future EU-U.S trade deal on Sunday, saying she was “very encouraged” talks were being looked at after her recent trip to Washington.
Credit Suisse to make capital hike decision after AGM: report
ZURICH (Reuters) – Credit Suisse will not decide on how it wants to raise fresh capital until after this week’s annual general meeting, SonntagsZeitung reported on Sunday.
LafargeHolcim CEO to step down over Syria investigation: source
ZURICH (Reuters) – LafargeHolcim is close to announcing that its chief executive Eric Olsen is to step down following an internal investigation into activities at a former Lafarge cement plant in Syria, a source familiar with the matter said on Sunday…
Germany not worried by U.S. corporate tax reform plans: Schaeuble
BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble is not worried by the prospect of cuts to corporate tax rates in the United States he told German magazine Wirtschaftswoche on the sidelines of the IMF and World Bank spring meetings in Wash…
Trump tax plan may produce some short-term budget issues: Mnuchin
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday that the Trump administration’s tax reform plan would produce some “short term issues” when viewed under traditional “static” budget analysis rules.
IMF members set aside trade split as French vote rattles nerves
WASHINGTON (Reuters) – International Monetary Fund members on Saturday dropped a pledge to fight protectionism amid a split over trade policy and turned their attention to another looming threat to global economic integration: the first round of France…
