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Home2018

Year: 2018

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Trading Ideas

Why is the Government Pushing for TAR in the Cohen Privilege Review?

May 3, 2018 admin Comments Off on Why is the Government Pushing for TAR in the Cohen Privilege Review?

Using technology-assisted review (TAR) technology in the U.S. v. Cohen privilege review could potentially expedite the process, while offering transparency around decision-making. …read more […]

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Business News

ECB making ‘substantial’ inflation progress: Praet

May 3, 2018 admin Comments Off on ECB making ‘substantial’ inflation progress: Praet

FRANKFURT (Reuters) – Europe’s economic slowdown came sooner than expected and factors holding back growth may persist in the near term but the European Central Bank is still making “substantial” progress in lifting inflation, ECB Chief Economist Peter Praet said.

…read more […]

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Business News

Rolls-Royce interested in providing new engine for U.S. B-52s

May 3, 2018 admin Comments Off on Rolls-Royce interested in providing new engine for U.S. B-52s

DERBY, England (Reuters) – Rolls-Royce would be interested in bidding to provide a new engine for the United State’s B-52 bombers, said its CEO, should authorities proceed with a project to update the jets.

…read more […]

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Business News

ECB making ‘substantial’ inflation progress

May 3, 2018 admin Comments Off on ECB making ‘substantial’ inflation progress

FRANKFURT (Reuters) – The European Central Bank has made “substantial” progress in lifting inflation but its work is not yet done and requires patience from policymakers, ECB Chief Economist Peter Praet said on Thursday.

…read more […]

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Business News

Bombardier sells Toronto assembly site in major makeover

May 3, 2018 admin Comments Off on Bombardier sells Toronto assembly site in major makeover

(Reuters) – Canadian plane and train maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a pension fund as it strives to raise extra cash under a five-year recovery plan.

…read more […]

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Business News

Trump praises China’s Xi as U.S. team arrives for trade talks

May 3, 2018 admin Comments Off on Trump praises China’s Xi as U.S. team arrives for trade talks

BEIJING (Reuters) – U.S. President Donald Trump praised his relationship with Chinese President Xi Jinping as a U.S. delegation arrived in Beijing on Thursday for talks on tariffs, with state media saying China will stand up to U.S. bullying.

…read more […]

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Business News

Bombardier EBITDA rises, says selling Downsview site

May 3, 2018 admin Comments Off on Bombardier EBITDA rises, says selling Downsview site

(Reuters) – Canadian plane and train maker Bombardier Inc reported a 16-percent rise in its favored measure of profit on Thursday and said it had agreed to sell its Toronto aircraft assembly site to a pension fund as part of its five-year recovery plan.

…read more […]

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Business News

VW still looking at whether to spin-off assets: CEO

May 3, 2018 admin Comments Off on VW still looking at whether to spin-off assets: CEO

BERLIN (Reuters) – Volkswagen is still looking at whether to spin off assets such as motorcycle maker Ducati and transmissions maker Renk, its new chief executive said, as the autos group strives to streamline its operations and become more efficient.

…read more […]

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Business News

Trade worries keep world stocks subdued, dollar holds gains

May 3, 2018 admin Comments Off on Trade worries keep world stocks subdued, dollar holds gains

LONDON (Reuters) – World stocks made little progress on Thursday as worries over global trade tensions weighed, while the U.S. dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for more rate hikes.

…read more […]

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Business News

UBS CEO says investors may be expecting too much

May 3, 2018 admin Comments Off on UBS CEO says investors may be expecting too much

ZURICH (Reuters) – UBS Group Chief Executive Sergio Ermotti warned on Thursday that investors may be expecting too much too soon from Switzerland’s biggest bank, noting heavy spending on technology would weigh on results in the short term.

…read more […]

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Business News

Volkswagen weighs spin-offs of non-core assets: CEO

May 3, 2018 admin Comments Off on Volkswagen weighs spin-offs of non-core assets: CEO

BERLIN (Reuters) – Volkswagen is pondering spin-offs of non-core assets such as motorcycle maker Ducati and transmissions maker Renk, its new chief executive said, as the group seeks to boost its efficiency and become more nimble.

…read more […]

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Business News

China’s Xiaomi picks Hong Kong for $10 billion IPO, lifts lid on financials

May 3, 2018 admin Comments Off on China’s Xiaomi picks Hong Kong for $10 billion IPO, lifts lid on financials

BEIJING/HONG KONG (Reuters) – Chinese smartphone and connected device maker Xiaomi [IPO-XMGP.HK] is bringing its blockbuster initial public offering to Hong Kong, where it could raise about $10 billion in the largest listing globally in almost four years.

…read more […]

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Business News

After a year of Macron, start-up hum grows at Paris’s Station F

May 3, 2018 admin Comments Off on After a year of Macron, start-up hum grows at Paris’s Station F

PARIS (Reuters) – If there’s one industry Emmanuel Macron has sought to tie his political fortunes to since storming to victory in France’s presidential election last May, it’s technology.

…read more […]

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Business News

Amazon halts plan for office tower in Seattle over proposed tax

May 3, 2018 admin Comments Off on Amazon halts plan for office tower in Seattle over proposed tax

(Reuters) – Amazon.com Inc said it has halted planning for a new office building in Seattle and might sub-lease rather than occupy another future tower downtown, pending a city council vote on a proposed tax on top businesses.

…read more […]

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Business News

SoftBank’s Son ‘not involved’ in Sprint, T-Mobile merger approvals

May 3, 2018 admin Comments Off on SoftBank’s Son ‘not involved’ in Sprint, T-Mobile merger approvals

TOKYO (Reuters) – SoftBank Group Corp’s Chief Executive Masayoshi Son is not involved in trying to get the proposed merger of U.S. wireless carriers Sprint Corp and T-Mobile US Inc approved, Sprint’s outgoing chief executive said on Thursday.

…read more […]

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