Business & Finance News
(Reuters) – U.S. stocks opened higher on Thursday, led by gains in technology and bank stocks after a stronger-than-expected U.S. jobs report cemented expectations of an interest rate hike this month.
FRANKFURT (Reuters) – German airline Lufthansa will firm up details of its planned staff shake-up by the end of August, management board member Bettina Volkens told German weekly WirtschaftsWoche.
BALOCCO, Italy (Reuters) – Fiat Chrysler’s Sergio Marchionne laid out his final strategic vision as chief executive on Friday with a focus on sport utility vehicles and a 9 billion euro ($10.5 billion)investment plan for electric and hybrid cars.
WASHINGTON (Reuters) – U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation.
(Reuters) – Wall Street was set to open higher on Friday as Italy’s political crisis subsided, while investors assessed a stronger-than-expected U.S. jobs report.
WASHINGTON (Reuters) – U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation.
(Reuters) – U.S. stock index futures pared gains on Friday after data showed job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation.
BRUSSELS (Reuters) – IPhone maker Apple has turned down an invitation to an EU lawmakers’ hearing, saying it does not want to prejudice its challenge to an EU order to pay up to 13 billion euros ($15 billion) in back taxes to Ireland.
BEIJING (Reuters) – Commodities traders have been waiting more than a week for China to release overdue monthly import-export data, frustrating many market watchers and fuelling speculation about reasons for the delay.
BERLIN (Reuters) – German Transport Minister Andreas Scheuer has threatened carmaker Daimler with a fine of 3.75 billion euros ($4.38 billion) over a diesel emissions scandal, Spiegel magazine reported on Friday.
BEIJING (Reuters) – China reiterated its commitment to the global trade order on Friday, hours after Washington imposed new tariffs on imports from key allies and a day before U.S. Commerce Secretary Wilbur Ross was due in Beijing for talks to avert a trade war.
PRINCETON, West Virginia (Reuters) – As a young man, Barry Shrewsbury dug coal in the West Virginia mines and spent his time off hunting and fishing in the rolling hills.
BALOCCO, Italy (Reuters) – Fiat Chrysler’s Sergio Marchionne laid out his final strategy as chief executive on Friday with a focus on sport utility vehicles and electric and hybrid cars as his era at the wheel nears its end.
LONDON/BEIJING (Reuters) – Factory growth in major manufacturing hubs showed signs of cooling last month as companies braced for potential damage from rising global trade tensions while also grappling with accelerating inflation and a strong dollar.
BEIJING (Reuters) – China reiterated its commitment to the global trade order on Friday, hours after Washington slapped new tariffs on imports from key allies and a day before U.S. Commerce Secretary Wilbur Ross was due in Beijing for talks to avert a trade war.
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