Signs point away from Trump labeling China currency manipulator
WASHINGTON (Reuters) – U.S. President Donald Trump looks unlikely to formally declare China a currency manipulator next week just days after meeting Chinese President Xi Jinping, foreign exchange policy experts say, leaving a vocal Trump campaign pledg…
Airbus, Boeing close in on Qantas’ ultra-long haul dream
SYDNEY (Reuters) – Both Airbus and Boeing now offer aircraft that appear capable of flying non-stop commercial flights from Sydney to London – the “Holy Grail” for Australian carrier Qantas Airways Ltd .
After weak March sales, concerns rise over U.S. auto market outlook
DETROIT (Reuters) – Car dealers on Wednesday added to concerns about the state of the U.S. auto industry and how tough any downturn might be if its six-year recovery has ended.
JPMorgan shareholders to vote again on separate chairman and CEO
NEW YORK (Reuters) – JPMorgan Chase & Co shareholders will again vote on a proposal calling for the board to select a chairman who is not the company’s chief executive, according to a proxy statement filed on Wednesday for the company’s annual meeting on May 16.
Most Fed policymakers see change to balance sheet policy ‘later this year’: minutes
WASHINGTON (Reuters) – Most Federal Reserve policymakers think the central bank should take steps to begin trimming its $4.5 trillion balance sheet later this year as long as the economic data holds up, minutes from their last meeting showed.
Exclusive: Rockwell to win EU approval for B/E Aero takeover – sources
BRUSSELS (Reuters) – U.S. aircraft component maker Rockwell Collins is set to gain unconditional EU approval for its $6.4 billion bid for aircraft interior maker B/E Aerospace , two people familiar with the matter said on Wednesday.
Leon Cooperman seeks appeal that could end SEC insider trading case
(Reuters) – The billionaire hedge fund manager Leon Cooperman has asked a federal judge for permission to immediately appeal a ruling that, if overturned, could spell the end of the U.S. Securities and Exchange Commission’s insider trading case against…
Vivendi tells EU it may control Telecom Italia after shareholder meeting: sources
MILAN (Reuters) – French media group Vivendi has told the European Commission it could “de facto” control Telecom Italia after a shareholder meeting next month appoints a new board of directors, three sources close to the matter said.
Boeing forms venture group, invests in two tech startups
SEATTLE (Reuters) – Boeing Co said on Wednesday it had launched a venture capital arm and invested in two tech startups, a fresh sign of the importance big companies see in keeping up with rapidly evolving technology for designing and making products….
Taser changes name to Axon in shift to software services
SAN FRANCISCO (Reuters) – Taser International Inc , maker of the eponymous device used by police to stun and incapacitate a person temporarily, is changing its name to Axon as it pushes further into the software business.
