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EU picks Paris as new host for EBA after Brexit, sources say

November 20, 2017 by  
Filed under News

BRUSSELS (Reuters) – The European Union has picked Paris as the new host for its London-based banking authority after Britain leaves the bloc, in a second drawing of lots in just one evening, following three rounds of voting that failed to produce a winner.


Source: Reuters Business News

BlackRock plans new active sector ETFs curated by robots

November 20, 2017 by  
Filed under News

NEW YORK (Reuters) – BlackRock Inc is turning to the robots for its next big investment idea.


Source: Reuters Business News

In win for Trump, Nebraska approves Keystone XL pipeline route

November 20, 2017 by  
Filed under News

LINCOLN, Nebraska/CALGARY, Alberta (Reuters) – Nebraska regulators approved a route for TransCanada Corp’s Keystone XL pipeline through the state on Monday, lifting the last big regulatory obstacle for the long-delayed project that U.S. President Donald Trump wants built.


Source: Reuters Business News

Volvo Cars to supply Uber with up to 24,000 self-driving cars

November 20, 2017 by  
Filed under News

STOCKHOLM/SAN FRANCISCO (Reuters) – Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars.


Source: Reuters Business News

Industrials, techs lift Wall Street, health stocks limit gains

November 20, 2017 by  
Filed under News

(Reuters) – A rebound in industrials pushed the Dow Jones Industrial Average higher on Monday, while the technology-led gains in the S&P 500 and Nasdaq were kept in check by declines in healthcare stocks.


Source: Reuters Business News

Airbus faces tricky hurdles over stalled A380 Emirates deal

November 19, 2017 by  
Filed under News

DUBAI (Reuters) – A preliminary deal to sell 36 A380s to Emirates blew up in an Airbus hospitality chalet moments before the Gulf carrier was expected to shower $30 billion on the planemaker and its U.S. rival Boeing at the start of last week’s Dubai Airshow.


Source: Reuters Business News

Battered GE shares lure some buyers but worst may not be over

November 19, 2017 by  
Filed under News

NEW YORK (Reuters) – General Electric Co shares stabilized after a brutal slide last week sent the stock near six-year lows, but the worst may not be over.


Source: Reuters Business News

'No fireworks' at NAFTA talks, but few signs of progress

November 18, 2017 by  
Filed under News

MEXICO CITY (Reuters) – Negotiations in Mexico to update NAFTA have not made much progress on tough U.S. demands that could sink the 1994 trade pact, but the current round of talks are progressing with civility, some participants said on Saturday.


Source: Reuters Business News

Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal – source

November 18, 2017 by  
Filed under News

BRUSSELS (Reuters) – U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said.


Source: Reuters Business News

Honda recalling 900,000 minivans because seats may tip forward

November 18, 2017 by  
Filed under News

WASHINGTON (Reuters) – Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted.


Source: Reuters Business News

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