LONDON (LPC) – Selldown of the jumbo $13.5 billion financing backing Blackstone Group’s $20 billion acquisition of a 55 percent stake in Thomson Reuters’ Financial and Risk unit is under way, banking sources said on Friday.
(Reuters) – The Dow Jones Industrial Average got a boost from Nike’s near 10 percent jump on Friday after the company reported strong quarterly results and gains for banking stocks, after clearing the Federal Reserve’s stress test, drove broader markets higher.
ANNAPOLIS, Md. (AP) — First-degree murder charges were filed Friday against a man with a grudge against Maryland’s capital newspaper after police said he shot his way into the newsroom, killing four journalists and a staffer and wounding two others. …read more […]
WASHINGTON (Reuters) – U.S. Treasury Secretary Steve Mnuchin said on Friday a report by the Axios news website, that cited sources as saying President Donald Trump wanted the United States to withdraw from the World Trade Organization, was wrong.
WASHINGTON (Reuters) – U.S. consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve’s 2 percent target for the first time in six years.
SHENZHEN, China/HONG KONG (Reuters) – Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer toward getting a devastating American supplier ban lifted.
(Reuters) – U.S. stock index futures rose on Friday, as Nike jumped after reporting strong results and as financials gained after clearing the Federal Reserve’s stress test.
(Reuters) – Ford Motor Co’s long-time top lobbyist is leaving the No. 2 U.S. automaker to join Japan’s Softbank Group , which is muscling up its Washington efforts, a person briefed on the matter confirmed on Friday.
WASHINGTON, (Reuters) – U.S. consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve’s 2 percent target for the first time in six years.
(Reuters) – Nike Inc shares on Friday rose 10 percent premarket and were set to open at a record high, after the world’s largest shoe maker saw a major sales rebound at its North America business and forecast strong growth for 2019.
The athletic apparel company is working to regain its footing after stumbling hard. …read more […]
LONDON (Reuters) – European refiners are cutting purchases of Iranian oil faster than expected as the U.S. prepares to reimpose sanctions on Iran, threatening a more severe impact than the last round of punitive measures in 2012 even though the EU has not joined in.
FRANKFURT (Reuters) – Deutsche Bank investors took a largely long view on its failure in this year’s U.S. stress tests, with its shares recovering on Friday from a record low hit earlier this week.
LONDON (Reuters) – Lloyd’s of London [SOLYD.UL] Chief Executive Inga Beale, the commercial insurance market’s first female CEO, will leave next year, Lloyd’s said on Friday.
(Reuters) – U.S. fund managers in June replicated defensive recommendations from the previous month with slightly more cash, a Reuters poll showed, underscoring worries that a U.S. trade conflict with China and some of its own allies will hurt global growth.
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