Amazon’s Luxembourg taxes under scrutiny: FT
(Reuters) – European officials have asked Luxembourg to hand over documents relating to U.S. online retailer Amazon’s tax affairs in the country, the Financial Times reported on Thursday, citing official sources.
Mercedes touts self-driving trucks for haulage savings
MAGDEBURG Germany/PARIS (Reuters) – Balding middle-aged trucker Hans Luft was toying conspicuously with an iPad behind the wheel of his 40-tonne heavy goods vehicle as it hurtled down the autobahn under the approving gaze of assembled Daimler executive…
Norwegian Air seeks to buy more Boeing 787-9s: WSJ
(Reuters) – Budget airline Norwegian Air wants to add more Boeing planes to its fleet as it looks to expand its international services, the Wall Street Journal reported the airline’s chief executive as saying on Thursday.
Global economy ends first half on a high: PMI
LONDON (Reuters) – The global economy ended the first half on a high as business activity picked up in June, with new orders pouring in at their fastest rate in over three years, a survey showed on Thursday.
U.S. service sector growth slows slightly in June: ISM survey
NEW YORK (Reuters) – The pace of growth in the U.S. services sector slowed slightly in June as business activity decelerated, even as new orders and employment growth sped up, according to an industry report released on Thursday.
J.P. Morgan moves up Fed tightening forecast after jobs report
(Reuters) – J.P. Morgan moved forward its forecast for a Federal Reserve monetary policy tightening on Thursday, citing the decline in the unemployment rate, positive jobs data and firming core inflation.
U.S. jobless claims rise slightly, labor market improving
WASHINGTON, (Reuters) – The number of Americans filing new claims for unemployment benefits rose marginally last week, but continued to suggest the labor market was steadily improving.
U.S. services sector activity accelerates in June: Markit
NEW YORK, (Reuters) – The final reading for activity in the U.S. services sector hit its highest in 4-1/2 years, pushed higher by increasing new business activity and hiring, a survey showed on Thursday.
U.S. trade deficit narrows as exports hit record high
WASHINGTON (Reuters) – The U.S. trade deficit narrowed a bit more than expected in May as exports jumped to a record high, suggesting trade could be less of a drag on second quarter growth than earlier feared.
Exclusive: Ousted American Apparel CEO hands over stake to hedge fund
(Reuters) – Ousted American Apparel Inc Chief Executive Officer Dov Charney has handed over his entire stake and voting rights in the struggling retailer to Standard General LP, enabling the fund to negotiate directly with the independent directors ove…
