Spain is best example that Europe is doing things right: Schaeuble
BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble said on Tuesday that Spain’s economic development showed that the euro zone was tackling its crisis well.
Euro zone factory growth eases in August despite modest price rises – PMI
LONDON, (Reuters) – Euro zone manufacturing growth eased last month, despite factories barely raising prices, adding to the European Central Bank’s woes as it battles to spur expansion and inflation, a survey showed.
Valeant gets right to develop AstraZeneca’s psoriasis drug
(Reuters) – Canada’s Valeant Pharmaceuticals International Inc said it has been granted an exclusive license by AstraZeneca Plc to develop and commercialize its late-stage experimental psoriasis drug brodalumab.
Big Rail’s little cousins find boon in U.S. oil-by-rail bust
OLEAN, New York (Reuters) – Amid the rolling mountains surrounding this quiet town in southwest New York state, tucked away on miles-long stretches of underused rail tracks, hundreds of idle oil tank cars attest to the extent of fallout from oil’s rout…
Wall Street’s worst month in three years ends on a sour note
(Reuters) – Wall Street ended lower on Monday and wrapped up its worst month since 2012 after comments from a senior Federal Reserve official heightened fears among investors of a potential U.S. interest hike in September.
Oil jumps 8 percent, biggest three-day surge since 1990
NEW YORK (Reuters) – Oil futures soared on Monday for a third consecutive day, rising more than 8 percent, as a downward revision of U.S. crude production data and OPEC’s readiness to talk with other producers helped extend the biggest three-day price …
Exclusive: Citi aims to boost equities franchise amid industry shakeout
NEW YORK (Reuters) – Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the ban…
Chipotle sued over GMO-free menu claims
(Reuters) – Chipotle Mexican Grill Inc’s new GMO-free menu claims have lured diners and boosted the burrito chain’s stock price, but it has some consumers crying foul.
Apple partners with Cisco to boost enterprise business
(Reuters) – Apple Inc on Monday teamed up with network gear maker Cisco Systems Inc to improve the performance of its iPad and iPhone devices on Cisco’s corporate network.
Fiat Chrysler offers $100 debit cards to owners of recalled U.S. vehicles
DETROIT (Reuters) – Fiat Chrysler Automobiles is offering $100 prepaid debit cards to owners of recalled vehicles to help ensure cars and trucks with potential safety defects get repaired, the company said on Monday.
