Business

  • Trump again hits Fed on rate rises; says U.S. firms present buying opportunity

    WASHINGTON (Reuters) – President Donald Trump on Tuesday reiterated that the U.S. Federal Reserve was raising interest rates too quickly but added that U.S. companies were “the greatest in the world” and presented a “tremendous”…

  • Nissan’s Kelly granted bail by Tokyo court; Christmas release possible

    TOKYO (Reuters) – Former Nissan Motor Representative Director Greg Kelly was granted bail by a Tokyo court on Tuesday, raising the possibility he could be freed before Christmas was over, although Carlos Ghosn, the automaker’s…

  • Trump calls Fed ‘only problem’ in U.S. economy; markets slump

    WASHINGTON (Reuters) – President Donald Trump blasted the Federal Reserve on Monday, describing it as the “only problem” for the U.S. economy, as top officials convened to discuss the growing rout in stock markets caused…

  • Markets far from merry as stock losses extend into eighth day

    (Reuters) – A gauge of stocks worldwide hurtled toward an eighth straight decline on Monday as investors ignored the U.S. Treasury secretary’s actions to reinforce confidence in the economy and President Donald Trump criticized the…

  • AXA’s Swiss employees mistakenly get double December pay

    FILE PHOTO: A logo of insurer AXA at the company’s offices in Brussels, Belgium, March 5, 2018. REUTERS/Yves Herman/File Photo ZURICH (Reuters) – French insurer AXA’s (AXAF.PA) 4,300 Swiss employees mistakenly got double their normal…

  • Asia cautious amid U.S. political uncertainty

    SYDNEY (Reuters) – Asian stocks started in subdued fashion on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the global economy was showing…

  • Kraft Heinz, Mondelez make the cut in Campbell Soup’s international business auction: sources

    (Reuters) – U.S. food companies Kraft Heinz Co (KHC.O) and Mondelez International Inc (MDLZ.O) have been short-listed to participate in the second round of Campbell Soup Co’s (CPB.N) auction of its international business, people familiar…

  • Japan court extends Ghosn detention by 10 days

    FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends a press conference on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Regis Duvignau/File Photo TOKYO…

  • Trump has discussed firing Fed Chairman Powell: sources

    WASHINGTON (Reuters) – U.S. President Donald Trump has privately discussed the possibility of firing Federal Reserve Chairman Jerome Powell, a move that could roil already volatile financial markets, two sources familiar with situation said on…

  • As FAANG stocks falter, fund managers make bets on survivors

    NEW YORK (Reuters) – A bear market in the so-called FAANG stocks – Wall Street’s most popular trade going into the year – is pushing fund managers into searching for the next big growth companies…

  • Credit Suisse chairman says on track to boost equity return: media

    Chairman Urs Rohner of Swiss bank Credit Suisse arrives before the bank’s annual shareholder meeting in Zurich, Switzerland April 28, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Cost cuts and closing a unit where Credit Suisse…

  • Incoming Campbell Soup CEO Clouse to be paid up to $7.4 million in 2019

    CHICAGO (Reuters) – Campbell Soup Co (CPB.N) said on Friday that incoming Chief Executive Mark Clouse, a food industry veteran, could be paid as much as $7.4 million in compensation for fiscal 2019. FILE PHOTO:…

  • Zynga buys Empires & Puzzles gamemaker in largest deal to date

    (This story corrects paragraph 7 to say Zynga acquired a unit of Peak Games, and not the entire company. The error also appeared in an earlier version) The Zynga logo is pictured at the company’s…

  • Massages and free fish help east Europe tackle labor shortages

    PRAGUE (Reuters) – What’s does a company do when it doesn’t have enough workers and unemployment rates are at record lows? In eastern Europe answers includes workplace massages, free carp for Christmas and guaranteed jobs…

  • Nasdaq goes bear as momentum plays run out of gas

    NEW YORK (Reuters) – Investors are finding out that it is not all puppies and unicorns when it comes to momentum plays, in a painful lesson as the Nasdaq tumbles to the edge of a…

  • Apple to pull some iPhones from German stores after court ruling

    MUNICH/SAN FRANCISCO (Reuters) – Apple Inc said it would pull some iPhone models from its German stores after a court there ruled on Thursday that Apple infringed a hardware patent of Qualcomm Inc and could…

  • Oil prices resume fall, shed last session’s gains

    BEIJING/SINGAPORE (Reuters) – Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen earlier in the week amid worries about oversupply and the outlook for the global…

  • U.S. imposes fresh Russia sanctions for election meddling

    WASHINGTON (Reuters) – The United States imposed fresh Russia-related sanctions on Wednesday, expanding a blacklist of individuals allegedly involved in a Kremlin-backed campaign to meddle with the 2016 U.S. presidential election, among other misdeeds. FILE…

  • Wall Street rises ahead of Fed rate decision

    (Reuters) – U.S. stocks climbed on Wednesday, boosted by technology stocks, and financials also gained ahead of a highly awaited Federal Reserve announcement where investors will watch for signals of fewer rate hikes, which could…

  • Oil prices claw back some ground, but oversupply worries drag

    BEIJING/SINGAPORE (Reuters) – Oil prices clawed back some ground on Wednesday as global equity markets showed signs of stabilizing, but crude was still under pressure from worries about oversupply and a slowing global economy that…

  • Sears to take $443 million in charges arising from store closures

    FILE PHOTO: The Sears logo is seen outside a store in Brooklyn, New York, U.S., October 10, 2018. REUTERS/Shannon Stapleton/File Photo (Reuters) – Bankrupt U.S. retailer Sears Holdings Corp (SHLDQ.PK) will take a charge of…

  • Musk’s SpaceX to raise $500 million in funding: WSJ

    FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the SpaceX Hyperloop Pod Competition II in Hawthorne, California, U.S., August 27, 2017. REUTERS/Mike Blake (Reuters) – Elon…

  • Asia shares sink as global growth worries deepen

    TOKYO (Reuters) – Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. FILE PHOTO: A man…

  • DoubleLine’s Gundlach says U.S. equities are in long-term bear market

    FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Jeffrey Gundlach, chief executive of DoubleLine…

  • Malaysia charges Goldman Sachs, ex-bankers in 1MDB probe

    KUALA LUMPUR (Reuters) – Malaysia on Monday filed criminal charges against Goldman Sachs and two of the U.S. bank’s former employees in connection with an investigation into suspected corruption and money laundering at state fund…

  • ABB to sell Power Grids to Hitachi, revamp business structure

    A man takes pictures of the logo of Swiss power technology and automation group ABB ahead of a news conference to present the company’s full year results, in Zurich, Switzerland, February 8, 2018. REUTERS/Moritz Hager…

  • Canada says China has granted consular access to second detainee

    Canadian businessman Michael Spavor arrives next to the former NBA basketball player Dennis Rodman (not pictured) after a trip to North Korea, at Beijing Capital International Airport, Beijing, China January 13, 2014. Picture taken January…

  • Qatar Petroleum to invest $20 billion in U.S. in major expansion

    Cars are parked outside the headquartes of Qatar Petroleum in Doha, Qatar, July 8, 2017. Picture taken July 8, 2017. REUTERS/Stringer DOHA (Reuters) – Qatar Petroleum (QP) is looking to invest at least $20 billion…

  • 2018: The year volatility came home to roost

    NEW YORK (Reuters) – U.S. stocks are down only slightly for 2018, but that masks a volatile year for investors. Traders work on the floor of the New York Stock Exchange shortly after the opening…

  • Motiva preliminarily picked to run Curacao refinery: report

    (Reuters) – Motiva Enterprises has preliminarily been chosen by the government of Curacao to operate the 335,000-barrel-per-day Isla refinery, replacing Venezuela’s state-run PDVSA, local media said on Saturday. FILE PHOTO – A general view shows…

EUROPEAN JOURNAL

The European Journal

The best selection of news and current affairs from Europe

Search
Cateegories
Tags

There’s no content to show here yet.