Morgan Stanley President Kelleher says trading activity has improved
(Reuters) – Morgan Stanley President Colm Kelleher said on Tuesday that trading activity for the first quarter has felt “slightly better” than at the end of 2016.
Crisis-hit Venezuela halts publication of another major indicator
CARACAS (Reuters) – Venezuela has stopped publishing money supply data, depriving the public of the best available tool to ascertain soaring inflation in one of the world’s worst-performing economies.
Wall Street sinks on fears of delays to Trump tax cuts
(Reuters) – Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare…
Marriott to add up to 300,000 rooms by 2019
(Reuters) – Marriott International Inc said on Tuesday it planned to add up to 300,000 rooms worldwide by 2019, as part of a three-year growth plan, ahead of the No. 1 hotel chain’s investor day.
Deutsche Bank launches tech startup lab in New York City
NEW YORK (Reuters) – Deutsche Bank AG has opened a new center in New York to work with financial technology startups that can help it improve its technology.
Goldman to move hundreds of staff from London pre-Brexit: Europe CEO
LONDON (Reuters) – Goldman Sachs will begin moving hundreds of people out of London before any Brexit deal is struck as part of its contingency plans for Britain leaving the European Union, the Wall Street firm’s Europe CEO said.
General Mills’ inability to cut prices eats into sales
(Reuters) – General Mills Inc reported its seventh straight decline in quarterly sales on Tuesday as the maker of Cheerios breakfast cereal limited discounting in a bid to boost margins, amid stiff pricing competition.
Porsche SE has no information about Piech’s stake sale talks
STUTTGART, Germany (Reuters) – Porsche SE , Volkswagen’s majority shareholder, said it has no information about former VW chairman Ferdinand Piech’s talks with the carmaker’s controlling families about a possible sale of his stake.
Google to revamp policies, hire staff after UK ad scandal
LONDON (Reuters) – Google vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies after several companies deserted the internet giant for failing to keep their adverts off hate-filled videos.
Apple CEO visits China bike-sharing start-up ofo
HONG KONG (Reuters) – Apple Inc chief executive Tim Cook paid a visit to Chinese bike-sharing company ofo on Tuesday, as the country’s ride-sharing start-ups fight aggressively for investor dollars and market share.
