Pacific Rim free trade talks go down to the wire
LAHAINA, Hawaii (Reuters) – Talks on a Pacific Rim free-trade pact faced a fast-approaching deadline on Friday as trading partners aimed to wrap up a deal within hours, with New Zealand digging in over trade in dairy products and ministers tussling ove…
Car hacking risk may be broader than Fiat Chrysler: U.S. regulator
WASHINGTON (Reuters) – The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday.
Only a payrolls surprise could shake stalling market
NEW YORK (Reuters) – Unless next week’s payrolls report is an outlier, investors should expect a continuation of the directionless market that has kept the S&P 500 trading in place for most of the year.
BofA likely to hold vote this year on Moynihan chairmanship: source
NEW YORK (Reuters) – Bank of America is likely to hold a shareholder vote this year to determine whether Chief Executive Brian Moynihan should be allowed to retain his title of chairman of the bank’s board, a person familiar with the matter said on Fri…
Uber valued at about $51 bln after latest funding round: WSJ
(Reuters) – Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly $51 billion, the Wall Street Journal reported, citing people familiar with the matter.
Liquidity risks overhang high-yield ETFs
NEW YORK (Reuters) – Shareholders in the AdvisorShares Peritus High Yield ETF who sold in late 2014 are probably not the last to pay up for liquidity risk, a growing hazard for some fixed-income investors bracing for the first Federal Reserve interest …
Who needs the Fed? The rate hike cometh on its own
NEW YORK (Reuters) – As traders, market pundits and economists jaw over whether the Federal Reserve this year will lift its benchmark lending rate for the first time in almost a decade, several corners of the U.S. bond market are not waiting around.
IMF is participating fully in Athens debt talks: European Commission
BRUSSELS (Reuters) – The International Monetary Fund is participating fully in the ongoing talks for a new bailout program for Greece, a spokeswoman for the European Commission said on Friday, dismissing reports the IMF could be abandoning the rescue p…
EU opens in-depth inquiry into Fedex’s planned takeover of TNT
BRUSSELS (Reuters) – The European Commission said on Friday it had opened an in-depth investigation into Fedex’s proposed 4.4 billion euro ($4.9 billion) takeover of Dutch rival TNT Express .
Apple, BMW in courtship with an eye on car collaboration
FRANKFURT/SAN FRANCISCO (Reuters) – BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world’s top maker of electronic gadgets to the headquarters of the word’s biggest seller of premium cars.
