After Trump victory, Obama and Merkel stress benefits of EU-U.S. trade deal
BERLIN (Reuters) – German and U.S. employers, workers, consumers and farmers would “without doubt” benefit from a free trade deal being negotiated between the European Union and the United States, U.S. President Barack Obama and German Chancellor Angel…
Exclusive: VW seeks cost-cutting deal by Friday, devil is in the detail
BERLIN (Reuters) – Volkswagen is pushing for a cost-cutting deal with workers at its core brand by Friday to help fund investment in electric and self-drive cars, but accounts of discussions in just one area show how difficult it is.
Janus’ Gross says Trump will be one-termer, in failure for populism
NEW YORK (Reuters) – President-elect Donald Trump will last no more than four years in the White House, a period when corporations and Wall Street will retain the upper hand over the struggling workers who helped elect him in a populist wave, bond mana…
Oil edge up in volatile trade on U.S. crude build, Russian OPEC support
NEW YORK (Reuters) – Oil prices edged higher in volatile trading as the market weighed Russia’s comments about a possible meeting with Saudi Arabia on possible output cuts against a bigger-than-expected U.S. crude storage build.
Euro crisis over? 2017 politics could be markets’ biggest test yet
LONDON (Reuters) – The euro zone has withstood several crises since 2008 that have thrown the 19-nation bloc’s very existence into doubt, centered on its fractured economy, bond market, banking system and, of course, Greece.
Facebook aims for more transparency with video ad data
(Reuters) – Two months after Facebook Inc admitted it had inflated the average time it told advertisers that users were watching their video ads, the company is promising better data to give ad buyers a clearer picture of how they are spending their m…
A post-Trump SEC could shake up current policy
WASHINGTON (Reuters) – It will be a new day at the U.S. Securities and Exchange Commission after President-elect Donald Trump installs his choice to run the agency.
U.S. industrial output unchanged, utilities weigh
WASHINGTON (Reuters) – U.S. industrial production was unchanged in October, weighed down by a decline in utilities output, data from the Federal Reserve showed on Wednesday.
GM’s Opel CEO says difficult to reach break-even in 2016
BERLIN (Reuters) – General Motors’ European division Opel is struggling to reach profitability this year because of the effects of Britain’s decision to leave the European Union, Chief Executive Karl-Thomas Neumann said.
OPEC pushes for consensus on oil cut, gaps narrowing: sources
LONDON/DOHA (Reuters) – OPEC officials are working to nail down details of their plan to limit oil supply and gaps over some sticking points are narrowing, OPEC sources said, a sign of progress in finalizing the exporter group’s first such deal since 2…
