Trump uncertainty slowing U.S. travel bookings: report
BERLIN (Reuters) – Demand for travel to the United States over the coming months has flattened out following a positive start to the year, with uncertainty over a possible new travel order likely deterring visitors, travel analysis company ForwardKeys …
Snap’s stock price hard to justify: Barron’s
NEW YORK (Reuters) – Snap Inc’s share price looks overvalued following a surge in the wake of its much-anticipated initial public offering last week, according to an article in Barron’s.
Deutsche Bank to raise 8 billion euros, plans major reorganization
FRANKFURT (Reuters) – Deutsche Bank plans to raise capital, list its asset management business and overhaul its business structure as it tries to reinvent itself after spending two years dealing with its past misdeeds and huge losses.
Out in the cold: New U.S. budget priorities threaten housing aid programs
(Reuters) – When Paul Ryan, speaker of the U.S. House of Representatives, talks of social mobility, about helping struggling Americans move out of impoverished areas to give them greater opportunity, Shiva Daniels is the kind of person he has in mind.
Titans of oil world meet in Houston after two-year price war
HOUSTON (Reuters) – The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the Un…
U.S. energy stocks, darlings last year, stumble in 2017
NEW YORK (Reuters) – The energy sector is the stock market’s dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices.
China cuts growth goal, puts focus on reform and ‘firewall’ against risks
BEIJING (Reuters) – China has cut its growth target this year as the world’s second-largest economy pushes through painful reforms to address a rapid build-up in debt, and erects a “firewall” against financial risks.
Scottish investors Standard Life, Aberdeen mull $13.5 billion tie-up
LONDON (Reuters) – Standard Life and Aberdeen Asset Management , two of Scotland’s most well-known financial firms, are in talks over an 11 billion pound ($13.5 billion) tie-up to create Britain’s largest investment manager.
Deutsche Boerse blames Britain for failed LSE tie-up: chairman in paper
BERLIN (Reuters) – Deutsche Boerse Chairman Joachim Faber has put the blame for a failed tie-up with the London Stock Exchange on Britain and its vote to leave the European Union.
Peugeot poised to buy GM’s Opel, creating European car giant
PARIS/LONDON (Reuters) – France’s PSA Group is set to announce a deal to buy Opel from General Motors on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition.
