Threat of ‘hard Brexit’ pulls down Wall Street
(Reuters) – U.S. stocks dropped on Tuesday as investors fretted about Britain’s exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months.
Qatar Airways, Boeing to hold news conference in Washington DC
DOHA (Reuters) – Gulf carrier Qatar Airways and Boeing will hold a news conference on Friday, a spokeswoman for Qatar Airways told Reuters on Wednesday, as a big sale of Boeing widebody jetliners looked close to being clinched.
AT&T signs Taylor Swift to multiyear partnership deal
NEW YORK (Reuters) – AT&T Inc has signed pop star Taylor Swift to an exclusive, multiyear partnership that includes a performance at a party the wireless and pay-TV service provider will host the night before the 2017 Super Bowl, the company said on Tuesday.
Henrik Fisker launches new electric car company
Detroit (Reuters) – Henrik Fisker, whose previous automotive venture collapsed in 2013 owing U.S. taxpayers $139 million, said on Tuesday he plans to launch a new electric car company next year to compete with Tesla.
Boeing ‘making progress’ on airplane deal with Iran: CEO
CHICAGO (Reuters) – Aircraft maker Boeing Co is making progress on a deal to provide more than 100 commercial airplanes to Iran though none will be delivered in 2016, the company’s top executive said on Tuesday.
Amazon seeks to settle EU antitrust e-book investigation: source
BRUSSELS (Reuters) – Amazon is talking to European Union antitrust regulators about settling a year-long investigation into its e-book deals with publishers without a fine, a person familiar with the matter said on Tuesday.
Oil hits four-month high on OPEC speculation; cut gains on dollar
NEW YORK (Reuters) – Oil prices were slightly higher in choppy trade on Tuesday, with Brent hitting four-month highs on a rally inspired by OPEC plans to tighten output before a surging dollar pared gains.
Citi investing another $1 billion in renamed Mexico unit Citibanamex
(Reuters) – Citigroup Inc is investing another $1 billion in its Mexican bank and renaming it Citibanamex in the strongest signal from management that the business is worth keeping for the long run.
Global stock markets set for modest gains in 2017: Reuters polls
(Reuters) – Global equities are forecast to rise modestly in 2017, held back by concerns about the pace of U.S. Federal Reserve interest rate hikes and the waning effect of widespread monetary stimulus that has helped drive shares to lofty heights, Reu…
U.S. retail group expects pickup in holiday sales growth
CHICAGO (Reuters) – U.S. holiday sales will increase by 3.6 percent in 2016, more sharply than last year, as a stronger job market and robust household spending have improved consumer sentiment, according to an outlook from the leading retail industry …
