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Through Rodrigo Campos NEW YORK (Reuters) – U.S. shares rose on Friday, with excessive dividend-paying utility stocks leading gains and benchmark Treasury yields at a 14-month low, at the same time as U.S. air strikes in Iraq brought to a string of geopolitical uncertainties. "Technically you could assume 1,900 (on […]
McDonald's Corp stated on Friday that its world gross sales forecast for 2014 was once in danger after a China meals scandal drove away diners and compelled the chain to scramble to are seeking for out new suppliers of substances for Hen McNuggets and Massive Macs. The warning might portend […]
U.S. wholesale inventories rose less than expected in June, which can have an effect on the expansion estimate for the second-quarter. The Commerce Department mentioned on Friday wholesale inventories elevated zero.3 percentafter a downwardly revised 0.three % acquire in May just. Economists polled by way of Reuters had expected shares […]
Through Tetsushi Kajimoto TOKYO (Reuters) – Japan's govt described consumer prices as "rising rather", the usage of that wording for the primary time due to the fact that October 2008, an indication that the economy is making steady growth in opposition to exiting 15 years of cussed deflation. The federal […]
By means of Marc Jones LONDON (Reuters) – Hesistant share traders stored a wary eye on interest rates in China while the euro left the dollar in its wake on Wednesday after smooth U.S. financial information argued against any fast withdrawal of Federal Reserve stimulus. "The euro strength over the […]
With the aid of Laurence Frost PARIS (Reuters) – PSA Peugeot Citroen plans to build new vehicles and increase in Asia under a French-backed rescue deal agreed with China's Dongfeng, the carmaker stated on Wednesday, because it posted a $three.2 billion loss that underscores the size of the duty ahead. […]
By way of Linda Sieg and Yuko Yoshikawa TOKYO (Reuters) – Prime Minister Shinzo Abe is decided to cut Japan's corporate tax fee, Chief Cupboard Secretary Yoshihide Suga said, a step specialists say might boost the worldwide competitiveness of Jap corporations and make the united states extra sexy to international […]
With the aid of Bernie Woodall CHATTANOOGA, Tennessee (Reuters) – In a stinging defeat that would speed up the many years-lengthy decline of the United Auto Employees, Volkswagen AG workers voted in opposition to union illustration at a Chattanooga, Tennessee plant, which had been seen as prepared labor's perfect probability […]
By using Rodrigo Campos NEW YORK (Reuters) – With financial knowledge being shoveled aside like snow and revenue season winding down, U.S. stock buyers might zero in subsequent week on the Fed's view of the financial system and technical prognosis charts because the S&P 500 nears its file excessive. The […]
Via Ryan Vlastelica NEW YORK (Reuters) – The S&P 500 closed flat on Wednesday, with a four-day rally within the index simply barely coming to an finish after Procter & Gamble minimize its outlook, although some positive earnings restricted the decline and eased issues that valuations had become stretched. The […]
Via Paul Lienert DETROIT (Reuters) – A one-two punch of bad climate and overproduction has ignited a price cutting war among U.S. car sellers and producers. Frigid temperatures and iciness storms in the past six weeks have slowed retail sales and showroom traffic, inflating inventories of unsold automobiles and triggering […]
By means of Jonathan Spicer NEW YORK (Reuters) – The Federal Reserve will almost certainly have to come back to more "traditional" coverage-making now that the U.S. jobless rate has fallen to 6.6 percent, so as regards to the U.S. critical bank's current 6.5-percent threshold for considering an interest-fee rise, […]
(Reuters) – Toyota Motor Corp is on the subject of a deal to pay $1 billion to settle a U.S. legal investigation into how it disclosed buyers’ complaints about unintended acceleration years in the past, the Wall Side road Journal said on Friday, citing nameless sources. Toyota may reach a […]
Through Angela Moon NEW YORK (Reuters) – After the S&P 500's first weekly gain in a month, investors will see subsequent week whether or not the U.S. stock market's rally of the final two days is the form of higher things to come – or if this 12 months's weak […]
Moody's on Friday reduce Puerto Rico's credit rating to junk standing, citing concerns concerning the fiscally challenged U.S. territory's vulnerable growth and talent to get admission to capital markets. Moody's, which positioned Puerto Rico's rating on notice for a downgrade late final year, said it now charges the commonwealth's common […]
