Sneakers show limits of trade policy in reviving jobs for Trump
(Reuters) – American companies from appliance makers to auto parts suppliers have lined up to offer a quiet caution to President-elect Donald Trump as he considers pulling the United States from trade deals: most lost manufacturing jobs aren’t coming back, but higher costs for consumers could.
German pilots’ union calls for strike at Lufthansa on Wednesday
FRANKFURT (Reuters) – Pilots at Lufthansa will go on strike on Wednesday, increasing pressure in a long-running pay dispute with the airline’s management, their union said on Monday.
Oil at three-week high ahead of OPEC decision on output
NEW YORK (Reuters) – Oil prices rose over 3 percent to a three-week high on Monday, catching a lift from a weaker dollar, as major oil producing countries appeared to be moving closer to agreeing to limit output.
OPEC experts meeting makes progress, talks continuing – sources
VIENNA/DUBAI (Reuters) – OPEC experts have made some progress on the first day of a two-day meeting to nail down details of their plan to cut oil output, OPEC sources said on Monday, with some expressing optimism about the prospect of a final deal.
Exclusive: BP ring-fences CEO Dudley from Iran decision-making
LONDON (Reuters) – BP has created a new executive committee to explore business in Iran which will exclude its American chief executive Bob Dudley in a bid to avoid potential violations of U.S. sanctions still in place.
Hedge funds slow to adjust champagne tastes to beer budgets
NEW YORK (Reuters) – Hedge funds have struggled of late to keep up their reputation as the sports cars of the investment world, often overtaken in the race for returns by the public buses of portfolios, index funds.
Oracle to buy internet infrastructure provider Dyn
(Reuters) – Business software maker Oracle Corp said on Monday it would buy Dyn, a monitor of global internet performance and traffic, to allow cloud customers to optimize their infrastructure costs and increase web-driven revenue.
Daimler expresses regret after China row involving senior executive
BEIJING (Reuters) – Daimler AG expressed regret on Monday for an incident in China that local media said involved a senior executive of the German luxury car maker making disparaging comments to people over a parking row.
Facebook ‘likes’ Britain’s talent, to add jobs despite Brexit
LONDON (Reuters) – Facebook said it would expand its presence in Britain by 50 percent in 2017, joining other U.S. technology firms in increasing investment despite the uncertainty sparked by the country’s vote to leave the European Union.
Rowan, Saudi Aramco to form joint venture to operate offshore drilling rigs
(Reuters) – Rowan Companies Plc said it was forming a joint venture with Saudi Arabian state oil giant Saudi Aramco to operate offshore drilling rigs in the country.
