Business & Finance News
LONDON (Reuters) – World shares steadied and the dollar resumed its rise on Friday after a wobble caused by U.S. President Donald Trump’s decision to cancel a summit with North Korea, though political risk put Italian markets on track for heavy weekly losses.
BONN (Reuters) – Bayer said positive synergy effects from the planned takeover of U.S. seeds maker Monsanto would be about $300 million below its previous target because it will sell more businesses than initially expected to get antitrust approval.
BONN (Reuters) – Bayer said that combining with takeover target Monsanto will have positive synergy effects of about $1.2 billion on core earnings, less than the $1.5 billion initially targeted because more divestments were needed to get antitrust approval.
MOSCOW (Reuters) – Russia’s standards agency said on Friday it had been informed about the voluntary recall of 4,794 Mercedes-Benz cars produced by German carmaker Daimler and sold from 2014 to 2017.
TOKYO (Reuters) – Global shares were on the mend on Friday as Pyongyang’s measured response to U.S. President Donald Trump’s announcement to call off a key summit with North Korea healed market sentiment, although investors remained cautious.
NEW YORK (Reuters) – The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said.
WASHINGTON (Reuters) – Tax experts for global corporations are hot on the trail of loopholes in the sweeping tax law approved in December by President Donald Trump and Republicans in the U.S. Congress.
TOKYO (Reuters) – Market sentiment was a little shaky on Friday with Asian shares on the defensive after U.S. President Donald Trump scrapped a key summit with North Korea, though investors’ fears were calmed by Pyongyang’s measured response to the cancellation.
MEXICO CITY/WASHINGTON (Reuters) – Mexican President Enrique Pena Nieto on Thursday expressed optimism about NAFTA talks that have been thrown into disarray by a U.S. probe exploring auto tariffs, while a source said Mexico had made a new offer to seek a deal.
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross will visit China early next month for another round of talks amid ongoing trade frictions between the world’s two largest economies.
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross will visit China from June 2 to 4 to discuss Sino-U.S. trade relations, the official Xinhua News Agency said on Friday.
TOKYO (Reuters) – Asian shares were slightly weaker on Friday amid fragile market sentiment after U.S. President Donald Trump called off a key summit with North Korea, though investor concerns were softened by expectations the two countries may still continue dialogue.
MEXICO CITY/WASHINGTON (Reuters) – Mexico will not buckle to pressure to conclude the long-stalled renegotiation of NAFTA, President Enrique Pena Nieto’s spokesman said on Thursday, but a source said the country made a new offer after the United States launched a probe exploring auto tariffs.
SAN FRANCISCO (Reuters) – Alphabet Inc’s Google sought to ease online publisher concerns on Thursday about the effects European data privacy rules going into effect in just a few hours will have on their ad business.
(Reuters) – After nearly five days of deliberations, a U.S. jury on Thursday said Samsung Electronics Co Ltd should pay $539 million to Apple Inc for copying patented smartphone features, according to court documents, bringing a years-long feud between the technology companies into its final stages.
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