EU proposes reformed trade defense against Chinese dumping
BRUSSELS (Reuters) – The European Commission proposed on Wednesday a new way to assess whether Chinese manufacturers are exporting products such as steel at unfairly low prices in response to Beijing’s demand for change by the end of the year.
Viacom posts lower-than-expected revenue as ad sales fall
(Reuters) – Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, reported lower-than-expected quarterly revenue on Wednesday, weighed down by lower domestic advertising sales and the absence of hit movie releases at its Paramount film studio….
Ireland says Trump plans should not hurt it as multinational hub
DUBLIN (Reuters) – U.S. president-elect Donald Trump’s plans to slash corporate tax rates should not keep companies from setting up operations abroad, a move that would damage a key plank of Ireland’s industrial policy, the Irish finance minister said …
EU-U.S. free trade deal is not dead after Trump victory: Germany
BERLIN (Reuters) – The free trade deal being negotiated between the European Union and the United States is not dead despite Republican Donald Trump winning the U.S. presidential election, a spokesman for the German government said on Wednesday.
OPEC’s job has just become tougher with Trump win
DUBAI/LONDON (Reuters) – OPEC’s job of trying to prop up oil prices has just got much harder.
Dish Network profit jumps 56.6 percent
(Reuters) – Satellite TV operator Dish Network Corp reported a 56.6 percent jump in quarterly profit as revenue per user rose in its core pay-TV business.
Trump victory shocks global firms reliant on open trade
HONG KONG/SHANGHAI (Reuters) – Donald Trump’s victory in the U.S. election sent shockwaves through industries that rely on open trade, from airlines to cars and IT outsourcing, even though many executives remain unsure what his protectionist rhetoric w…
German carmakers concerned U.S could damage international trade
FRANKFURT (Reuters) – Germany’s auto industry association VDA on Wednesday said it was concerned that the election of Donald Trump as United States President could hamper trade and the flow of goods.
Deutsche among fallers as Trump win clouds legal, investment outlook
LONDON (Reuters) – Shares in European banks fell on Wednesday after Donald Trump’s election victory, reflecting fears of difficulties in raising capital and uncertainty over U.S. legal cases hanging over Deutsche Bank and other regional lenders.
Trump win boosts drug stocks as pricing fears recede
LONDON (Reuters) – Pharmaceutical stocks surged in Europe on Wednesday as Republican Donald Trump’s U.S. presidential election win led investors to conclude the threat of tough action on drug pricing had receded.
