Month: May 2018

(Reuters) – U.S. stocks fell on Thursday after President Donald Trump called off his planned June 12 summit meeting with North Korean leader Kim Jong Un.

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(Reuters) – Tesla Inc Chief Executive Elon Musk gained the support on Thursday of more than half a million people on Twitter for plans to create a website evaluating journalists’ credibility, spurred by his frustration at media reports about the electric car maker.

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WASHINGTON (Reuters) – An Uber Technologies Inc [UBER.UL] self-driving vehicle that struck and killed a woman in Tempe, Arizona in March failed to identify the pedestrian or brake, raising serious questions about the performance of the vehicle, the U.S. National Transportation Safety Board said in a preliminary report released Thursday.

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FRANKFURT (Reuters) – Germany’s road vehicle authority KBA has ordered Daimler to recall its van model Vito 1.6l Diesel Euro 6, saying two of the van’s engine control features to reduce exhaust emissions were in breach of regulations.

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(Reuters) – U.S. stocks were set to open lower on Thursday as rising concerns over U.S. trade protectionism, this time around car imports, overshadowed optimism that the Federal Reserve may be more tolerant of rising inflation than previously expected.

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(Reuters) – Shares of General Motors and Ford inched only marginally higher before the bell on Thursday after the Trump administration launched a national security probe into car imports which could lead to new tariffs on foreign competitors while also stirring trade tensions.

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HONG KONG/MOSCOW (Reuters) – Russia’s largest aluminum producer, United Company Rusal Plc , said on Thursday that its chief executive and seven board members had quit, part of a strategy it hopes may persuade the United States to lift crippling sanctions on it.

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(Reuters) – The U.S. Department of Justice has launched a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies, Bloomberg reported on Thursday.

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WASHINGTON (Reuters) – The United States has not made a final decision on changes to its ban on ZTE Corp , but any alternative remedy could include installing U.S. compliance officers at the Chinese telecoms company, Commerce Secretary Wilbur Ross told CNBC.

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(Reuters) – Worries over U.S. trade protectionism, this time around car imports, weighed on Wall Street’s main indexes on Thursday, overshadowing optimism that the Federal Reserve may be more tolerant of rising inflation than previously expected.

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BRUSSELS (Reuters) – The European Parliament distributed on Thursday what it called a first set of written replies from Facebook to oral questions put by lawmakers to CEO Mark Zuckerberg at a meeting in Brussels on Tuesday.

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MILAN (Reuters) – What do you get when luxury fashion meets sport? $10,000 sneakers.

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FRANKFURT (Reuters) – Deutsche Bank is cutting more than 7,000 jobs to reduce costs and restore profitability while maintaining its international reach as its new chief executive seeks to reassure investors and clients.

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