Euro, bond yields drive higher on ECB scale-back bets
LONDON The euro hit a 1-year high on Wednesday and German 10-year Bund yields continued to rise after doubling the previous day, as bets grew that the European Central Bank …
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Wall St. dragged lower by tech stocks; Yellen in focus
Wall Street was lower in early afternoon trading on Tuesday as technology stocks continued to slide while investors focused on Federal Reserve Chair Janet Yellen’s talk in London. The technology …
Read MoreOil up for fourth day on short-covering, supply glut caps gains
By Naveen Thukral | SINGAPORE SINGAPORE Crude oil futures rose for a fourth consecutive session on Tuesday as investors covered short positions, though worries over a festering supply glut kept …
Read MoreJapanese stocks edge towards two-year high, dollar supported before Yellen
By Shinichi Saoshiro | TOKYO TOKYO Japanese stocks edged towards two-year highs on Tuesday as exporters benefited from dollar strength, with investors expecting comments from Federal Reserve Chair Janet Yellen …
Read MoreAmtrak names former Delta executive as next CEO
By David Shepardson | WASHINGTON WASHINGTON Amtrak on Monday named a former Delta Air Lines (DAL.N) chief to lead the U.S. passenger rail carrier as it embarks on a major …
Read MoreGM lowers outlook for U.S. 2017 new vehicle sales
By Nick Carey and Joseph White | DETROIT DETROIT General Motors Co (GM.N) now expects U.S. new vehicle sales in 2017 will be in the “low 17 million” unit range, …
Read MoreU.S. activist presses for 'bold action' at Nestle
By Martinne Geller and Michael Flaherty | LONDON/NEW YORK LONDON/NEW YORK U.S. activist shareholder Third Point LLC has targeted Nestle (NESN.S) by taking a $3.5 billion stake in the food …
Read MoreDeutsche Bank's Baenziger not in bonus clawback talks: paper
FRANKFURT Deutsche Bank (DBKGn.DE) is not in advanced talks over frozen bonus payments, former board member Hugo Baenziger told Frankfurter Allgemeine Sonntagszeitung. Baenziger’s remarks run counter to comments made by …
Read MoreAudi CEO may not stay until end 2022 due to board pact: sources
BERLIN Embattled Audi Chief Executive Rupert Stadler only got a five-year contract extension last month because of an agreement among supervisory board members that he would not serve out his …
Read MoreExclusive: Trump administration concerned about U.S. firms giving financial 'lifeline' to Venezuela
By Matt Spetalnick and Girish Gupta | WASHINGTON WASHINGTON The Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government, senior White …
Read MoreToyota sells all shares in Tesla as their tie-up ends
TOKYO Toyota Motor Corp (7203.T) said on Saturday it had sold all shares in Tesla Inc (TSLA.O) by the end of 2016, having canceled its tie-up with the U.S. luxury …
Read MoreAs large cap gets larger, can the tech rally continue?
By Rodrigo Campos | NEW YORK NEW YORK Technology shares have led U.S. stocks to record highs and are expected to continue to rise, but as market value becomes concentrated …
Read MoreBig U.S. companies stay on White House panel despite climate jolt
By David Shepardson and Susan Heavey | WASHINGTON WASHINGTON Several major U.S. companies, including Wal-Mart Stores Inc (WMT.N), JP Morgan Chase & Co (JPM.N) and IBM Corp (IBM.N), on Friday …
Read MoreU.S. job growth slows; unemployment rate drops to 4.3 percent
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labor …
Read MoreBuffalo Wild Wings CEO to retire as activist Marcato wins board seats
By Michael Flaherty and Svea Herbst-Bayliss | NEW YORK NEW YORK Buffalo Wild Wings Inc (BWLD.O) Chief Executive Officer Sally Smith said she will retire by the end of the …
Read MoreApple set to expand Siri, taking different route from Amazon's Alexa
Apple Inc (AAPL.O) is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter …
Read MoreWal-Mart reassures employees as it touts tech investments
By Nandita Bose | FAYETTEVILLE, Ark. FAYETTEVILLE, Ark. Wal-Mart Stores Inc (WMT.N) executives on Friday reassured workers they remained integral to the company’s success as they highlighted investments in online …
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