U.S. manufacturing sector accelerates in August: ISM
NEW YORK (Reuters) – The pace of growth in the U.S. manufacturing sector rose in August to its highest level since March 2011, according to an industry report released on Tuesday.
U.S. factory activity expands in August at fastest pace since April 2010: Markit
NEW YORK, Sept 2 (Reuters) – – The U.S. manufacturing industry expanded in August while employment in the sector grew at its fastest pace since March of last year, an industry report showed on Tuesday.
Exclusive: ‘Back to normal’ for AstraZeneca CEO, despite Pfizer rumors
BARCELONA (Reuters) – Though speculation is rife of a new Pfizer bid, AstraZeneca’s chief executive is not holed up with advisers in London or New York. Instead, he has spent the last three days immersed in heart science in Barcelona.
Goldman cuts price target on Bombardier; sees further CSeries delay
TORONTO (Reuters) – Goldman Sachs cut its price target on Bombardier Inc and reiterated a “sell” rating on shares of the train and plane maker on Tuesday, warning it expected the CSeries aircraft’s entry into service to be delayed again.
Burger King has maneuvered to cut U.S. tax bill for years
LONDON (Reuters) – Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain’s aggressive tax-reduction strategies in recent years.
Insider traders in U.S. face longer prison terms, Reuters analysis shows
NEW YORK (Reuters) – U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said.
U.S. business lobby says concerned China antitrust probes unfair
BEIJING (Reuters) – Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. business lobby said on Tuesday, as a Chinese antitrust agency defended probes into firms such as U.S. chipmaker Qualcomm Inc .
Japan’s ‘Abenomics’ feared in trouble as challenges build
TOKYO (Reuters) – Prime Minister Shinzo Abe’s plan for Japan’s economy to generate self-sustained growth on the back of his three policy “arrows” of massive monetary easing, spending and reform appears to be faltering – but no magic solution is in sigh…
Risk appetite flickers in Europe, ECB speculation holds down euro
LONDON (Reuters) – Risk appetite flickered back into life in financial markets on Tuesday with the dollar and European and Japanese shares rising while safe-haven bonds, the yen and gold all took a step back.
Quantitative easing hopefuls may be disappointed as Draghi plays for time
FRANKFURT (Reuters) – Expectations for further policy action at the European Central Bank’s meeting on Thursday are running high after ECB President Mario Draghi pledged to use all available tools to keep prices in check.
