U.S. manufacturing sector grows, speed slows: ISM
NEW YORK (Reuters) – The pace of growth in the U.S. manufacturing sector unexpectedly slowed in May, an industry report released on Monday showed.
U.S. safety regulators probe Chrysler airbag recall
DETROIT (Reuters) – U.S. safety regulators are investigating Chrysler Group’s 2012 recall of 744,822 sport utility vehicles in the United States after six consumers complained of inadvertent airbag deployments even after fixes were made.
Deal or no deal? EU-Canada trade deal falters at final hurdle
BRUSSELS/OTTAWA (Reuters) – Canada and the European Union are struggling to finalize a multi-billion dollar trade pact six months after political leaders said it was sealed, an embarrassment for Brussels as it seeks a far bigger deal with the United St…
U.S. futures flat with Dow, S&P at record levels
NEW YORK (Reuters) – U.S. stock index futures were little changed on Monday, with investors finding few reasons to keep pushing shares higher with the Dow and S&P 500 at record levels.
Japan’s Dai-ichi Life in talks to buy Protective Life for $5 billion: source
TOKYO (Reuters) – Japanese insurer Dai-ichi Life Co is in advanced talks to buy U.S. peer Protective Life Corp in a deal that could be worth over $5 billion, extending a drive to buy assets abroad as an antidote to a weak domestic outlook.
China accelerates as euro zone stumbles
LONDON/BEIJING(Reuters) – Signs of an economic revival in China have raised hopes that Beijing’s targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there.
Slower German inflation seen raising pressure on ECB to act
BERLIN (Reuters) – Annual inflation in Europe’s largest economy likely slowed in May, data from German states suggested on Monday, probably pushing down the broader euro zone rate and raising pressure on the European Central Bank to act when it meets t…
Fed’s Evans says timing of rate hike will depend on inflation outlook
ISTANBUL (Reuters) – The timing of any rise in U.S. interest rates will depend to a large extent on the outlook for inflation, which remains below target, meaning a hike may not come until next year or even 2016, Chicago Fed President Charles Evans sai…
UBS investigated in Belgium for money laundering – prosecutors
BRUSSELS (Reuters) – Swiss Bank UBS is being investigated in Belgium for suspected money laundering, Belgian prosecutors said on Monday.
UBS investigated in Belgium for money laundering – prosecutors
BRUSSELS (Reuters) – Swiss Bank UBS is being investigated in Belgium for suspected money laundering, Belgian prosecutors said on Monday.
