October 20, 2017

Japan’s Kobe Steel says violated statutory standards, losing customers

TOKYO (Reuters) – Kobe Steel Ltd sank deeper into crisis on Friday as the embattled company said it had lost some customers to competitors because of […]
October 20, 2017

Bank, tech stocks lift Wall Street

(Reuters) – U.S. stocks inched higher on Friday as bank stocks rose and tech stocks recovered, with investor optimism back as Trump administration cleared a hurdle […]
October 20, 2017

U.S. existing home sales unexpectedly rebound in September

WASHINGTON (Reuters) – U.S. home resales unexpectedly increased in September as the effects of Hurricanes Harvey and Irma began to dissipate, but a persistent dearth of […]
October 20, 2017

P&G’s quarterly sales drag; Peltz still looms in board battle

(Reuters) – Procter & Gamble Co disappointed Wall Street with sales on Friday, a week after it claimed to have fought off hedge-fund manager Nelson Peltz’s […]
October 20, 2017

BMW confirms inspection by EU antitrust officials

MUNICH (Reuters) – German carmaker BMW on Friday confirmed that EU antitrust staff were in Munich this week to search its offices. Powered by WPeMatico
October 20, 2017

U.S. tax reform move boosts dollar, stocks, bond yields

LONDON (Reuters) – European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the “Trumpflation trade”, after the U.S. […]
October 20, 2017

Asian shares perk up after U.S. Senate passes budget plan

TOKYO (Reuters) – Asian shares shrugged off early sluggishness and gained on Friday, and the dollar rose after the U.S. Senate approved a budget blueprint for […]
October 20, 2017

U.S. jobless claims hit 44-1/2-year low; mid-Atlantic factories humming

WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits dropped to its lowest level in more than 44-1/2 years last week, pointing to a […]
October 20, 2017

Mexican auto lobby rejects U.S. NAFTA proposal on rules of origin

MEXICO CITY (Reuters) – The Mexican Auto Industry Association (AMIA) on Thursday rejected U.S. proposals to increase North American content for autos produced in the region […]
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