Business & Finance News
(Reuters) – Harley-Davidson Inc on Friday warned of a “significant impact” on its sales after the European Union revealed plans to increase duties on a range of U.S. imports, including big motorcycles, in reprisal for Washington’s new tariffs on EU metal exports.
(Reuters) – Honda Motor Co on Friday confirmed that a Takata air bag inflator had ruptured in a fatal crash earlier this week in Malaysia in what appears to be the 23rd death worldwide linked to the faulty part that can emit deadly metal fragments.
(Reuters) – U.S. stocks rose on Friday after the latest monthly jobs report pointed to strength in the world’s largest economy and cemented expectations of at least two more rate hikes by the Federal Reserve this year.
LONDON (Reuters) – Payments firm Visa said on Friday it was experiencing a service disruption preventing some transactions in Europe being processed.
WASHINGTON (Reuters) – Deutsche Bank AG will face another challenge this month when the Federal Reserve publishes for the first time the results of a “stress test” on its U.S. operations.
(Reuters) – Facebook Inc said on Friday it will remove the ‘Trending’ topics feature that compiles popular news from its social network, as it seeks to ensure users see news from trustworthy and quality sources.
FRANKFURT (Reuters) – The European Central Bank’s move to defend Deutsche Bank on Friday stems from concern over a sharp fall in the German lender’s share price but also irritation that overseas regulators risk aggravating its problems.
(Reuters) – U.S. stocks rose on Friday after the latest monthly jobs data indicated strength in the world’s largest economy and cemented expectations of at least two more rate hikes by the Federal Reserve this year.
LONDON (Reuters) – Payments firm Visa is experiencing a service disruption preventing some transactions in Europe being processed, Sky News said on Friday.
(Reuters) – Trump administration officials are considering requiring grid operators to buy electricity from ailing nuclear and coal-fired power plants to keep them from being shuttered, according to a draft memo reviewed by Reuters.
LONDON (Reuters) – WPP’s former chief executive Martin Sorrell has moved to reassure investors in the advertising giant that the firm he has set up since his abrupt exit will not compete directly with it.
WASHINGTON/BRUSSELS (Reuters) – U.S. President Donald Trump told Canada and the European Union on Friday to do more to bring down their trade surpluses, a day after hitting the two U.S. allies and Mexico with import tariffs on their steel and aluminum.
BALOCCO, Italy (Reuters) – Fiat Chrysler’s departing chief executive Sergio Marchionne delivered a plan on Friday to ramp up sport utility vehicles and invest 9 billion euros ($10.5 bln) in electric and hybrid cars in a bid to double operating profit by 2022.
(Reuters) – Trump administration officials are considering requiring grid operators to buy electricity from ailing nuclear and coal-fired power plants to keep them from being shuttered, according to a Bloomberg news report on Friday that cited a draft memo.
(Reuters) – U.S. stocks rose on Friday led by bank stocks as a stronger-than-expected jobs report for May locked in expectations of an interest rate hike by the Federal Reserve this month.
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