Blog list grid Type 1
Chief of Credit Agricole expresses interest in Commerzbank: Report
FRANKFURT (Reuters) – Credit Agricole’s chief, Philippe Brassac, has expressed interest in Commerzbank if the German lender were to be up for sale, according to an interview with the Handelsblatt newspaper. Source: Reuters
Fed must hike rates in face of hot U.S. labor market: Rosengren
MONTREAL (Reuters) – The Federal Reserve must respond to “very tight” U.S. labor markets by gradually raising interest rates or risk halting the economic recovery, a hawkish Fed official said on Saturday. Source: Reuters
Zurich's Greco says nearly halfway to 2019 goal to cut costs: NZZ
ZURICH (Reuters) – Zurich Insurance will have cut costs by $700 million by the end of the year, nearly halfway to its goal to save $1.5 billion by 2019, Chief Executive Mario Greco said
U.S. backs 300 percent in duties on Bombardier after Boeing complaint
WASHINGTON (Reuters) – The U.S. Commerce Department has notched up proposed trade duties on Bombardier Inc CSeries jets to nearly 300 percent, affirming Boeing Co’s complaint that the Canadian company received illegal subsidies and
Tesla delays big rig truck debut; Model 3 in 'production hell'
(Reuters) – Tesla Inc Chief Executive Elon Musk on Friday pushed back the unveiling of the company’s big rig truck until mid-November, tweeting that the electric vehicle maker was diverting resources to fix production
Automakers say U.S. fuel economy standards unrealistic, cite costs and consumers
WASHINGTON (Reuters) – Automaker trade groups told U.S. regulators they should revise fuel efficiency mandates approved in the final weeks of the Obama administration because the costs would be onerous and the standards do
Wall Street dips on jobs data, drug chain drop
NEW YORK (Reuters) – U.S. stocks eased on Friday after their recent record streak of gains as the first monthly decline in U.S. nonfarm jobs in seven years dampened sentiment and pharmacy shares declined.
U.S. Chamber warns against Trump's 'highly dangerous' NAFTA demands
WASHINGTON (Reuters) – The U.S. Chamber of Commerce warned on Friday that the Trump administration was making “highly dangerous demands” in the North American Free Trade Agreement modernization talks that could erode U.S. business