Dollar dips, stocks fall as Trumpflation trade pauses
LONDON (Reuters) – The dollar edged lower against major currencies and global stocks were on the defensive on Monday as a “Trumpflation”-fuelled rally paused and political risks came to the fore in Europe.
Exclusive: China’s Anbang may buy $2.3 billion in Japanese property from Blackstone – sources
TOKYO (Reuters) – China’s Anbang Insurance Group Co [ANBANG.UL] is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group , two people involved in the discussions said, in what would be Japan’s biggest pr…
Honda CEO says to stick with North American production plans for now
TOKYO (Reuters) – Honda Motor Co. will stick with its North American production plans as it waits to see if U.S. President-elect Donald Trump will follow through on a campaign pledge to dump the North American Free Trade Agreement (NAFTA) when he take…
EU has no concerns yet about UK’s Nissan deal, awaits details
BRUSSELS (Reuters) – The European Union’s competition chief said on Monday she did not see any concerns over a British assurance to Japanese carmaker Nissan related to Brexit, but that she was still waiting for details to have more clarity about the c…
APEC leaders vow to fight protectionism, look to China on trade
LIMA (Reuters) – Pacific Rim leaders vowed on Sunday to fight protectionism and Chinese officials said more countries are looking to join a China-led trading bloc after Donald Trump’s election victory raised fears the United States would scrap free tra…
Deutsche Bank confirms chairman Achleitner nomination
FRANKFURT (Reuters) – Deutsche Bank’s supervisory board unanimously nominated chairman Paul Achleitner for a second term, a spokesman of Germany’s biggest lender confirmed on Monday.
Gun shops eye busy Black Friday despite Hillary Clinton loss
SAN FRANCISCO (Reuters) – Christmas came early for U.S. gun shop owners – who saw a rush of firearms purchases ahead of the presidential election – but they may now be hard-pressed to match last year’s record holiday sales.
Wal-Mart will offer Cyber Monday deals starting Black Friday
CHICAGO (Reuters) – Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list of U.S. retailers who offer web promotions over the Thanksgiving weekend.
Symantec to acquire LifeLock for $2.3 billion
(Reuters) – Symantec Corp said it would acquire U.S. identity theft protection services company LifeLock Inc for $2.3 billion, in a deal that it hopes will prop up sales at its Norton cybersecurity unit.
Galaxy Note 7 recall did not damage Samsung brand in U.S.: Reuters/Ipsos poll
SAN FRANCISCO (Reuters) – A global recall of fire-prone Galaxy Note 7 smartphones did not appear to hurt U.S. consumers’ willingness to buy Samsung Electronics phones, a Reuters/Ipsos opinion poll released on Sunday showed.
