May 31, 2018

U.S. consumer spending accelerates; weekly jobless claims fall

WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in April, a further sign that economic growth was regaining momentum early in the second quarter, […]
May 31, 2018

U.S. Commerce Department to announce section 232 tariff changes

WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross will hold a news briefing at 9 a.m. (1300 GMT) to announce “Section 232” national security-related tariff modifications, […]
May 31, 2018

U.S. trade envoy Ross says up to EU whether there is escalation on tariffs: Le Figaro

PARIS (Reuters) – Washington does not want a trade war with the European Union, but whether there is an escalation or not will depend on the […]
May 31, 2018

Saudi housing crisis tests Crown Prince’s reform drive

RIYADH (Reuters) – Saudi Arabia’s crown prince wants to build a mega-city with the latest robotics under his grand plan to reform the kingdom. Powered by […]
May 31, 2018

Uber, Waymo in talks about self-driving partnership: Uber CEO

RANCHO PALOS VERDES, Calif. (Reuters) – Uber Technologies Inc [UBER.UL] is talking with Alphabet Inc’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing […]
May 31, 2018

Sony’s push into entertainment aims for stability, not splashiness

TOKYO (Reuters) – Sony Corp’s new chief executive is embracing entertainment content, but for now appears to be steering clear of direct competition with tech giants […]
May 31, 2018

Stocks, euro, Italian bonds make second day of gains

LONDON (Reuters) – World stocks, the euro and Italian bonds all made a second day of gains on Thursday, after renewed efforts from politicians in Rome […]
May 31, 2018

U.S. to impose tariffs on EU steel, aluminum: sources

WASHINGTON/PARIS (Reuters) – Washington will announce plans to impose tariffs on EU steel and aluminum imports as early as Thursday, two sources said, while a magazine […]
May 31, 2018

SoftBank Vision Fund to invest $2.25 billion in GM Cruise

(Reuters) – General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, […]
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