Shares, dollar tread water as U.S. election campaign enters final week
LONDON (Reuters) – European shares were poised to fall for a seventh straight session while the dollar edged lower with investors largely holding back as the contentious U.S. presidential campaign entered its final week.
Newest weapon in U.S. hunt for insider traders paying off
NEW YORK (Reuters) – When plumber Gary Pusey pleaded guilty in May to insider trading, it was a victory not just for New York prosecutors but for a little-known squad inside the U.S. Securities and Exchange Commission that uses data analysis to spot un…
U.S. stocks not moved by October’s marquee deals
(Reuters) – The record dealmaking volume for October did not create a ripple effect lifting U.S. stocks as it has in the past – partly because the mergers, albeit large, were few and far between, bankers and analysts said.
Asian factories crank up output, but U.S. election, Fed make investors wary
BEIJING (Reuters) – Asia’s largest economies posted strong factory activity in October, though poor showings in Korea and Southeast Asia and a weaker inflation outlook from the Bank of Japan kept market reaction muted.
Samsung Electronics CEO says firm must learn from crisis
SEOUL (Reuters) – Samsung Electronics Co Ltd Chief Executive Kwon Oh-hyun on Tuesday said the South Korean tech giant must improve, as it reels from the costly withdrawal of its Galaxy Note 7 smartphone.
Women executives left Yahoo amid layoffs, deal talk
(Reuters) – Women executives left Yahoo Inc at an unusually high rate after the U.S. technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company’s 2016 diversity report, released o…
Textron goes ahead with new Cessna jet, chooses engines
ORLANDO, Fla. (Reuters) – Cessna Aircraft Co said on Monday it is going ahead with a new large-cabin business jet, the Hemisphere, and will use an engine made by Safran of France that has suffered delays.
GE to merge oil unit with Baker Hughes to create service giant
(Reuters) – General Electric Co said on Monday it would merge its oil and gas business with Baker Hughes Inc , creating the world’s second-largest oilfield services provider as competition heats up to supply more-efficient products and services to the…
Viacom names Bob Bakish acting CEO
(Reuters) – Viacom Inc said on Monday it named Bob Bakish, a 19-year company veteran, as acting chief executive, replacing Tom Dooley.
Wall St. ends flat amid election doubts, M&A flurry
(Reuters) – Wall Street ended barely changed on Monday as investors digested the latest large-scale corporate mergers as well as the most recent twist in a tumultuous U.S. presidential election.
