Business

ECB defends stimulus scheme from German court challenge

ECB defends stimulus scheme from German court challenge

Published 10/07/2018

LUXEMBOURG (Reuters) - The European Central Bank defended its 2.6 trillion-euro bond-buying program before the European Union’s top court on Tuesday from accusations it was [more…]

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Published 10/07/2018

TOKYO/LONDON (Reuters) - Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one [more…]

U.S. earnings hopes and trade war lull keep world shares near…

U.S. earnings hopes and trade war lull keep world shares near…

Published 10/07/2018

LONDON (Reuters) - World shares hovered near three-week highs on Tuesday, supported by optimism about U.S. company earnings and hopes that global economic growth can [more…]

Don’t take risks with economy, Italy’s central bank tells new…

Don’t take risks with economy, Italy’s central bank tells new…

Published 10/07/2018

ROME (Reuters) - The head of Italy’s central bank on Tuesday warned the new anti-establishment government to be cautious with public finances to avoid upsetting [more…]

Stock futures higher as focus shifts to earnings

Stock futures higher as focus shifts to earnings

Published 10/07/2018

(Reuters) - U.S. stock index futures rose on Tuesday, as focus turned to the U.S. corporate earnings season that kicks off this week, while worries [more…]

SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

Published 10/07/2018

TOKYO (Reuters) - SoftBank Group (9984.T) is increasing its stake in Yahoo Japan (4689.T) through a $2 billion, three-way deal with U.S. firm Altaba (AABA.O) [more…]

Italy calls for risk-sharing in euro zone banking union

Italy calls for risk-sharing in euro zone banking union

Published 10/07/2018

ROME (Reuters) - Italian Economy Minister Giovanni Tria called on Tuesday for greater risk sharing in order to strengthen the euro zone banking system. In [more…]

Trade tensions send German investor morale to six-year low

Trade tensions send German investor morale to six-year low

Published 10/07/2018

BERLIN (Reuters) - The mood among German investors slumped in July to its lowest since August 2012, a survey showed on Tuesday, soured by concerns [more…]

Tesla moves first to hike prices in China as trade war hits car makers

Tesla moves first to hike prices in China as trade war hits car makers

Published 10/07/2018

BEIJING/SHANGHAI (Reuters) - U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, the first [more…]

Japan’s Takeda gains U.S. approval for $62 billion Shire buy

Japan’s Takeda gains U.S. approval for $62 billion Shire buy

Published 10/07/2018

TOKYO (Reuters) - Takeda Pharmaceutical Co Ltd on Tuesday said it has received U.S. approval for its $62 billion acquisition of London-listed Shire Plc, taking [more…]