Fed officials divided as September policy meeting nears
WASHINGTON/QUINCY, Mass. (Reuters) – U.S. Federal Reserve policymakers on Friday headed towards their policy meeting later this month divided on whether a rate rise is in the offing, with some of the permanent voting members appearing wary of supportin…
Exclusive: BMW bosses to skip Paris show to thrash out electric car strategy
FRANKFURT/MUNICH (Reuters) – BMW’s management board is skipping the Paris Motor Show to hold talks aimed at breaking a deadlock over whether to produce new electric cars, including a battery-powered Mini, sources familiar with the matter told Reuters….
Nissan recalling 134,000 cars on fire risk, mainly in U.S., Canada
DETROIT (Reuters) – Nissan Motor Co is recalling about 134,000 late-model cars, mainly in the United States and Canada, because a fluid leak in the braking system could lead to a fire, the company and U.S. regulators said on Friday.
Oil falls below $49 but set for weekly rise on OPEC hopes, U.S. stocks
LONDON (Reuters) – Oil prices edged lower on Friday but were still set for their first weekly gain in three weeks after Russia and Saudi Arabia agreed to work together to help rebalance the markets and after a surprisingly large drawdown in U.S. crude …
Uber performs U-turn on Macau exit plan
HONG KONG (Reuters) – Global ride-hailing company Uber Technologies has aborted plans to pull out of Macau, citing support from residents in the Chinese-ruled gambling hub.
Patchwork of state laws hurts U.S. effort to modernize mortgages
NEW YORK (Reuters) – As Chuck DeBonis was wrapping up his stint as a civilian paramedic at a military base in Kuwait earlier this year, he found a home he wanted to buy in the Virginia town of Bristow for his return.
Deutsche Bank nearing mortgages settlement with U.S. authorities: sources
FRANKFURT (Reuters) – Deutsche Bank is nearing a settlement with U.S. authorities in an investigation into past mis-selling of mortgage-backed securities, two people close to the matter said.
EU regulators halt Dow, DuPont merger review to gather data
BRUSSELS (REUTERS) – EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont’s proposed merger while the companies provide more information regarding their $130 billion deal.
Total sees bargain buy in Chesapeke’s Barnett Shale assets
PARIS (Reuters) – French oil and gas company Total will increase its exposure to U.S. shale gas by buying 75 percent of Barnett Shale assets from Chesapeake , taking advantage of a far lower price than it paid for its original 25 percent holding.
German jitters weigh on stocks, ECB doubts lift yields
LONDON (Reuters) – European stocks fell and bond yields rose on Friday, driven by German trade figures that cast doubt on the strength of the euro zone’s largest economy and lingering disappointment after the European Central Bank’s policy meeting the …
