Number of newly-minted millionaires at Europe’s big banks is shrinking
LONDON (Reuters) – The number of employees earning more than a million euros or pounds at Europe’s biggest banks fell sharply last year, another sign of the clout they have lost to U.S. rivals since the financial crisis.
From crepes to cocktails: can Grand Marnier’s new owner make the leap?
MILAN (Reuters) – Italian drinks group Davide Campari has a tall order to fulfill: take a neglected old liqueur out of the kitchen, where it is used as a dessert topping, and turn it into a hot new cocktail trend.
EU stalls Russian gas pipeline, but probably won’t stop it
BRUSSELS/FRANKFURT (Reuters) – Russia has the European Union in a bind.
Trump touts Charter hiring that was in works for two years
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday touted Charter Communications Inc’s decision to invest $25 billion in the United States and a plan the company announced before he was elected to hire 20,000 workers over four years.
Mnuchin says U.S. growth prospects not fully reflected in markets
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Friday that he believes financial markets could improve “significantly” once they fully reflect the potential for U.S. economic growth from President Donald Trump’s economic policies…
Halliburton warns of first-quarter profit miss as costs rise
(Reuters) – Halliburton Co , the world’s No. 2 oilfield services provider, warned that its first-quarter profit would likely miss analysts’ expectations due to higher costs and weak demand in markets outside North America.
Wall Street dips in dramatic session as health bill pulled
(Reuters) – A dramatic session on Wall Street ended with stocks slightly lower on Friday as they pared losses in late-afternoon trading after Republicans pulled their bill to overhaul the U.S. healthcare system.
Trump greenlights Keystone XL pipeline, but obstacles loom
WASHINGTON/CALGARY, Alberta (Reuters) – U.S. President Donald Trump’s administration approved TransCanada Corp’s Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial pro…
U.S. business spending picking up, but may slow in second quarter
WASHINGTON (Reuters) – New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quar…
China’s Zhonghong Zhuoye to buy Blackstone’s stake in SeaWorld
(Reuters) – SeaWorld Entertainment Inc said China’s Zhonghong Zhuoye Group Co Ltd would buy Blackstone Group LP’s stake in the embattled U.S.-based marine park operator, sending SeaWorld’s shares up 10 percent in morning trading on Friday.
