Siemens is well placed to adapt business in U.S.: CEO
FRANKFURT (Reuters) – German trains-to-turbines group Siemens is well placed to do business in the United States, regardless of whether President-elect Donald Trump backs fossil-fuels at the expense of renewable energy, its CEO told a newspaper.
Retail stock rally leaves few bargains for investors
SAN FRANCISCO (Reuters) – Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names.
Shell CEO expects no valuation hit from climate accord
AMSTERDAM (Reuters) – Royal Dutch Shell expects to pump out all the fossil fuel reserves listed on its balance sheet, its chief executive said, dismissing concerns that production limits in the wake of the Paris climate accord could hit the energy gian…
U.S. crowds pick up slightly on Black Friday, online sales jump
(Reuters) – U.S. online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers.
Wall Street ends at record highs; dollar loses steam
NEW YORK (Reuters) – Key stock indexes on Wall Street swept to record intraday and closing highs on Black Friday thanks to gains in consumer staple and technology shares, while European stocks climbed and a stabilization in U.S. Treasury yields promote…
Three former Barclays traders denied Libor appeal request
LONDON (Reuters) – Three former Barclays traders jailed for manipulating Libor benchmark interest rates after a London trial have been denied a request to appeal against their conviction and sentence, the wife of one said on Friday.
Johnson & Johnson approaches Actelion about takeover deal
ZURICH/FRANKFURT (Reuters) – U.S. healthcare company Johnson & Johnson said on Friday it was in preliminary talks with Actelion about a potential takeover of Europe’s largest biotech firm, currently valued at about $20 billion.
Delta pilots oppose big regional jets, could be issue for Embraer, Mitsubishi
MONTREAL (Reuters) – Delta Air Lines Inc pilots are expected to keep existing rules in their new labor contract that prevent the U.S. No. 2 carrier from flying aircraft above a certain weight on regional routes, in a blow to Embraer SA and Mitsubishi…
Lufthansa pilots’ union rejects latest offer, suspends strikes
BERLIN (Reuters) – Lufthansa’s pilots’ union rejected the German airline’s latest pay offer on Friday, but lifted the immediate threat of extending their strike beyond Saturday.
Payday lenders seek emergency court help, fearing U.S. cutoff
(Reuters) – Payday lenders asked a federal judge in Washington, D.C., for emergency relief to stop what they called a coordinated effort by U.S. regulators to stop banks from doing business with them, threatening their survival.
