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Futures slip as Trump’s travel bans spark uncertainty
16:16 - 30.01.2017 -

U.S. stock index futures fell on Monday as President Donald Trump’s orders to curb immigration from certain countries triggered uncertainty and protests across the world. * Trump on Friday put a 120-day hold on allowing refugees into the United States, an indefinite ban on refugees from Syria and a 90-day bar on citizens from Iran,

Don’t let Trump embarrass our queen, say a million Britons
16:16 - 30.01.2017 -

Over a million people in Britain have signed a petition calling for U.S. President Donald Trump’s planned state visit to be canceled to avoid embarrassing Queen Elizabeth, in a grassroots backlash against his immigration policies. The invitation to make a state visit, which will involve lavish displays of royal pageantry and a banquet hosted by

Iran says it sealed Boeing plane deal at half price
20:20 - 26.12.2016 -

Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing (BA.N) airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing and its European rival Airbus (AIR.PA) have both signed huge contracts this month to supply airliners to Iran, the first

12:12 - 22.12.2016 -

Nokia Corp (NOKIA.HE) said on Wednesday it had filed a number of lawsuits against Apple Inc (AAPL.O) for violating 32 technology patents, striking back at the iPhone maker’s legal action targeting the one-time cellphone industry leader a day earlier. Nokia’s lawsuits, filed in courts in Dusseldorf, Mannheim and Munich, Germany, and the U.S. District Court

British companies absorb Brexit shock, get on with business for 2017
10:10 - 18.12.2016 -

Richard Bunce says he felt sick when voters decided to take Britain out of the European Union in June, forcing him into a emergency review of his firm’s expansion plans. But six months on, orders are strong and a new growth plan is in place, according to Bunce, managing director of Mec Com Ltd which

Facebook underreported iPhone traffic for some publishers
10:10 - 18.12.2016 -

Facebook Inc (FB.O) said it had underreported the number of views on iPhone of content published by some publishers using its Instant Articles platform between Sept. 20 and Nov. 30. Publishers make money through ads on their posts. Facebook said on Friday that a recent update to one of its metrics had led to the

Nissan, Renault, Mitsubishi to share electric car platform: Nikkei
10:10 - 18.12.2016 -

Nissan Motor Co (7201.T), Renault SA (RENA.PA) and Mitsubishi Motors Corp (7211.T) will combine their electric vehicle platforms in an effort to slash prices down to levels comparable to conventional gasoline cars, the Nikkei newspaper said. The strategy comes as auto giants Volkswagen AG (VOWG_p.DE) and Toyota Motor Corp (7203.T) are also aiming to mass-produce

Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million
10:10 - 18.12.2016 -

Goldman Sachs Group Inc (GS.N) has agreed to pay $56.5 million to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553 trillion derivatives market. The proposed settlement was disclosed in papers filed in federal court in Manhattan on Friday. It came after seven

Iran says Boeing to provide financing for firm’s first six planes: Fars news agency
14:14 - 13.12.2016 -

Boeing has agreed to provide financing for the first six planes it sells to Iran, Iran Air chief Executive Farhad Parvaresh was quoted as saying by Fars news agency on Tuesday. Parvaresh added that IranAir will pay 15 percent of prices of the passenger jet from Iran’s development fund.

Exclusive: Banks want to be subject to EU laws for five years in post-Brexit deal
13:13 - 09.12.2016 -

Large banks in Britain want the UK government to allow their industry to remain subject to EU laws for up to five years after Brexit, a move likely to enrage eurosceptics who want to break away from the bloc’s legal system as soon as possible. The banks – international players – are also pressing the

BMW seeks to be ‘coolest’ ride-hailing firm with autonomous car
8:08 - 05.12.2016 -

BMW will test autonomous vehicles in Munich next year as it seeks to keep up with ride-hailing firms like Uber [UBER.UL], which have spent billions on pay-per-use personal transport. The German carmaker will have about 40 vehicles with self-driving functions in Munich’s inner city and then expand the project to other cities, BMW executives said

Trump complains in tweets about Chinese policy after Taiwan call raises hackles
8:08 - 05.12.2016 -

U.S. President-elect Donald Trump complained about Chinese economic and military policy on Twitter on Sunday, showing no signs of a conciliatory approach after a phone conversation with Taiwan’s president raised hackles in Beijing. Trump’s unusual call with Taiwan President Tsai Ing-wen on Friday prompted a diplomatic protest with the United States on Saturday, although Vice

Citic-Carlyle near deal to buy McDonald’s China assets: source
16:16 - 01.12.2016 -

A consortium led by private-equity firm Carlyle Group (CG.O) and Chinese conglomerate Citic Group Corp has neared a deal to buy McDonald’s Corp’s (MCD.N) stores in China and Hong Kong for up to $3 billion, a source with direct knowledge of the matter said. The deal is likely to be signed before Christmas, the source

Trump to pick Seema Verma for Centers for Medicare and Medicaid Services: transition official
14:14 - 29.11.2016 -

U.S. President-elect Donald Trump is set to name Indiana health policy consultant Seema Verma as his pick for administrator of the Centers for Medicare and Medicaid Services, a transition official told Reuters on Monday. Trump is expected to officially announce his selection of Verma and Republican U.S. Representative Tom Price, an orthopedic surgeon who he

Samsung Electronics considers split as investor pressure builds
14:14 - 29.11.2016 -

Tech giant Samsung Electronics Co Ltd (005930.KS), under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history. The move and a plan to raise dividends come after U.S. hedge fund Elliott Management in October called for

Johnson & Johnson approaches Actelion about takeover deal
9:09 - 27.11.2016 -

U.S. healthcare company Johnson & Johnson (JNJ.N) said on Friday it was in preliminary talks with Actelion (ATLN.S) about a potential takeover of Europe’s largest biotech firm, currently valued at about $20 billion. Lung disease specialist Actelion confirmed it had been approached and said there was no certainty a deal would occur. An acquisition of

Dow Surges to Fresh All-Time High on Trump-Fueled Momentum
14:14 - 11.11.2016 -

A day after voters chose to send Donald Trump to the White House, the expectation of less austerity and more pro-business policies propelled the Dow Jones Industrial Average to a fresh all-time high. The Dow easily sailed above its previous intraday record high of 18668 points at the opening bell, rising 218 points, or 1.18%

Alibaba Singles’ Day Sales Tops 2015 Total, But Growth Slows
14:14 - 11.11.2016 -

Alibaba’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Amid fanfare and celebrity razzmatazz, sales on Alibaba’s platforms had raced to a billion dollars in under five

Trump: The Unconventional Candidate Looks to Conventional Economic Team
14:14 - 11.11.2016 -

Donald Trump was an unconventional candidate, but now that he’s been elected president he’s assembling a fairly conventional Cabinet of key economic advisers plucked right from the Republican mainstream, the Fox Business Network has learned. People inside the Trump camp say the President-elect has signaled he wants to select billionaire financier Wilbur Ross as his

SoftBank second-quarter profit up 6.8 percent on strong domestic telecoms business
12:12 - 07.11.2016 -

Japan’s SoftBank Group Corp (9984.T) reported on Monday a 6.8 percent rise in operating profit for the July-September quarter, thanks to a strong showing by its domestic telecommunications business. A steady growth in its mainstay domestic business is important for SoftBank, a diverse company with stakes from U.S. carrier Sprint (S.N) to e-commerce giant Alibaba