U.S. jobless claims drop more than expected
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell more than expected last week, underscoring the robustness of the labor market.
Trump economic adviser: stop talking about the Fed
WASHINGTON (Reuters) – A senior economic adviser to President-elect Donald Trump stressed economic growth over discussion of Federal Reserve policies on Thursday, citing the need for small-business job growth through better regulation, energy policy a…
U.S. should have joined China-led infrastructure bank: Trump adviser
HONG KONG (Reuters) – A top adviser of U.S. President-elect Donald Trump lashed out at the Obama administration for failing to embrace the China-led Asian Infrastructure Investment Bank (AIIB), suggesting a possible policy shift when Trump takes office…
ECB review of capital models will aid euro zone wooing of London banks
LONDON (Reuters) – A European Central Bank push to iron out differences in how banks calculate capital requirements will inadvertently help the euro zone in its bid to attract banks from Britain after Brexit.
Rubik’s Cube loses EU trademark fight over its shape
BRUSSELS (Reuters) – Rubik’s Cube, a multicolored three-dimensional puzzle, lost a trademark battle on Thursday after Europe’s top court said its shape was not sufficient to grant it protection against copycats.
MetLife board approves $3 billion buyback program, its biggest ever
(Reuters) – MetLife Inc said on Thursday its board had approved a new $3 billion share buyback program, its largest ever.
IEA sees global market awash with oil in 2017 if no OPEC cut
LONDON (Reuters) – The oil market surplus may run into a third year in 2017 without an output cut from OPEC, while escalating production from exporters around the globe could lead to relentless supply growth, the International Energy Agency said on Thu…
AstraZeneca sees big healthcare changes under Trump
LONDON (Reuters) – Drugmaker AstraZeneca expects major U.S. healthcare changes after Donald Trump’s election victory but its chief executive warned on Thursday that pricing pressures in the world’s biggest drugs market would not go away.
Singapore says Malaysian ‘Jho Low’ key figure in 1MDB-linked probe
SINGAPORE (Reuters) – Singapore’s white-collar crime unit for the first time on Thursday identified Malaysian businessman Low Taek Jho as a key figure in the money laundering investigation linked to scandal-tainted 1MDB fund.
Investors exuberant as Trump signals shift from austerity era
LONDON (Reuters) – European stocks rose on Thursday following extraordinary gains in Asia and the United States, as exuberance shot through markets and reversed initial dives in reaction to Donald Trump’s U.S. presidential victory.
