Barrick to spend about $2 billion on Nevada, Peru projects
(Reuters) – Barrick Gold Corp , the world’s largest gold miner, said it would spend a total of about $2 billion on projects in Nevada and Peru for construction starting 2019.
Lumber Liquidators set to slump after revised cancer-risk report
(Reuters) – Lumber Liquidators Holdings Inc’s shares were set to tumble on Monday after a revised U.S. federal agency report showed people exposed to some types of the company’s laminate flooring were three times more likely to get cancer than previous…
Exclusive: Up to 90 million more Takata airbag inflators may face U.S. recalls
DETROIT/WASHINGTON (Reuters) – U.S. auto safety regulators are examining whether an additional 70 million to 90 million Takata Corp airbag inflators should be recalled because they may endanger drivers, according to a person with knowledge of the matte…
Oil rises on IEA’s U.S. shale outlook and rig data
LONDON (Reuters) – Oil rose after the world’s oil consumer body said on Monday it expected U.S. shale production to fall this year and next, potentially easing a glut that has driven prices to their lowest in more than a decade.
Stocks gain broadly, pound falls on EU exit fears
LONDON (Reuters) – Shares rose in Europe and Asia on Monday, boosted by higher oil and commodity prices, while sterling fell against the dollar and euro on concerns Britain may vote to leave the European Union.
Ericsson, Nokia offer contrasting timelines for 5G network upgrades
BARCELONA (Reuters) – Ericsson , the world’s top supplier of wireless equipment, said on Monday it expects 150 million users to be on next-generation 5G networks five years from now, steering clear of an industry debate over whether network upgrades co…
EU halts Halliburton, Baker Hughes deal review, awaits details
BRUSSELS – European Union antitrust regulators have halted their scrutiny of U.S. oilfield services provider Halliburton Co’s proposed takeover of Baker Hughes because the companies failed to provide some details of the $35 billion deal.
Republican Marco Rubio winning Wall Street fundraising race
WASHINGTON/NEW YORK (Reuters) – Republican Marco Rubio’s presidential run has drawn more money from Wall Street donors than any other candidate, according to a Reuters review of campaign finance disclosures, shoring up his position as his party’s estab…
JPMorgan may hold steady on cost target despite low interest rates
NEW YORK (Reuters) – At JPMorgan Chase & Co’s annual investor day on Tuesday, one big question will be at the top of attendees’ minds: How can the bank keep a tight lid on costs without hurting its ability to grow revenue?
Schengen collapse could cost EU up to 1.4 trillion euros over decade
BERLIN (Reuters) – A collapse of Europe’s Schengen passport-free travel zone could cost the European Union up to 1.4 trillion euros over the next decade, a study by Germany’s Bertelsmann Foundation showed on Monday.
