Loading...
You are here:  Home  >  Business  -  Page 3
Latest

U.S. existing home sales unexpectedly rebound in September

/  20.10.2017  /  Business 

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 properties for sale continued to weigh on overall activity.

Read More →
Latest

S&P, Dow open at record highs on tax-cut optimism

/  20.10.2017  /  Business 

(Reuters) – Wall Street opened higher on Friday, with the S&P and the Dow recording new highs, on growth optimism as the Trump administration inched a step closer to implementing its tax-cut plan.

Read More →
Latest

BMW confirms inspection by EU antitrust officials

/  20.10.2017  /  Business 

MUNICH (Reuters) – German carmaker BMW on Friday confirmed that EU antitrust staff were in Munich this week to search its offices.

Read More →
Latest

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

/  20.10.2017  /  Business 

(Reuters) – Consumer goods giant Procter & Gamble Co , which recently declared victory against hedge-fund manager Nelson Peltz’s attempt to muscle his way onto the board, reported tepid sales that missed Wall Street estimates.

Read More →
Latest

Schlumberger, Baker Hughes warn of North America slowdown

/  20.10.2017  /  Business 

(Reuters) – Schlumberger Ltd and Baker Hughes , the world’s top two oilfield services firms, warned on Friday of a slowdown in North America and a challenging year ahead as crude oil prices stay volatile.

Read More →
Latest

Trump tax reform hopes boost dollar, stocks, bond yields

/  20.10.2017  /  Business 

LONDON (Reuters) – European stocks, the dollar and bond yields climbed on Friday as investors speculated that the “Trumpflation trade” could be back in play, after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

Read More →
Latest

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

/  20.10.2017  /  Business 

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 widespread data falsification that had extended to its mainstream steel sheet business.

Read More →
Latest

P&G’s profit beats Wall Street on higher sales of beauty, home care

/  20.10.2017  /  Business 

(Reuters) – Consumer goods giant Procter & Gamble Co , which recently declared victory in an historic proxy fight with activist investor Nelson Peltz, reported a better-than-expected quarterly profit on Friday but sales slightly missed Wall Street estimates.

Read More →
Latest

GE stock drops as profit misses, CEO cuts forecast

/  20.10.2017  /  Business 

(Reuters) – General Electric Co’s third-quarter profit missed Wall Street estimates by a wide margin on Friday and the industrial conglomerate slashed its earnings forecast, sending the year’s worst-performing Dow stock down another 6 percent.

Read More →
Latest

Futures up after Senate clears a hurdle to tax cuts

/  20.10.2017  /  Business 

(Reuters) – U.S. stock index futures edged higher on Friday after the Senate cleared a budget blueprint, taking the Trump administration a step closer to fulfilling its promise of lowering taxes to stimulate growth.

Read More →