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  • RSS Reuters: Business News

    • VW loses landmark German case as diesel owners stand to receive damages

      May 25, 2020
    • A German federal court judge ruled that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home market as it continues to reel from the emissions scandal. […]

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    • Lufthansa, German government agree on rescue package: source

      May 25, 2020
    • The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an agreement on state aid worth billions of euros, a source close to the matter said. […]

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    • Japan lifts Tokyo's state of emergency, eyes fresh stimulus

      May 25, 2020
    • Japanese Prime Minister Shinzo Abe said on Monday that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day but that it could be reimposed if the pace of infections picked up. […]

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    • Nissan has not confirmed if plans to close Spanish plant: industry secretary

      May 25, 2020
    • Nissan Motor has not confirmed whether it plans to close its plant in Barcelona, a senior Spanish industry ministry official said on Monday. […]

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    • Stocks gain as German survey fuels optimism; dollar firm

      May 25, 2020
    • Stocks edged higher on Monday after a survey showed German business morale rebounded in May, boosting optimism around economic re-openings, although caution prompted the dollar to snap a rare losing streak. […]

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    • Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source

      May 25, 2020
    • Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday. […]

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    • China's Great Wall expects mild domestic auto sales growth in second half

      May 25, 2020
    • Great Wall Motor expects China's overall auto sales in the second half this year to return to the same level as last year, its president said, as the world's biggest auto market recovers from a coronavirus-driven low. […]

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    • Lufthansa to resume flights to 20 destinations from mid-June

      May 24, 2020
    • Lufthansa , which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman said on Sunday. […]

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    • Most publicly listed companies keep U.S. small-business aid loans

      May 24, 2020
    • More than four-fifths of publicly listed companies that received emergency small-business loans from the U.S. government have held onto them, sticking with a certification that they need the money, according to data from market research firm FactSquared. […]

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    • Air France must slash domestic traffic in exchange for state guarantees -minister

      May 24, 2020
    • Air France will have to "drastically" reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said on Sunday. […]

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  • RSS Yahoo Finance

    • Volkswagen loses landmark German 'dieselgate' case

      May 25, 2020
    • A ruling in a German court could have implications for other VW motorists seeking compensation. […]

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    • Germany Closes In on Lufthansa’s $9.8 Billion Bailout Offer

      May 25, 2020
    • (Bloomberg) -- Germany is close to making a formal offer to bail out Deutsche Lufthansa AG even as talks to ensure swift approval from the European Union drag on, according to people familiar with the matter.The committee that manages Germany’s WSF Economic Stabilization Fund is set to meet later on Monday to discuss a 9 billion-euro ($9.8 billion) aid packa […]

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    • Europe Stocks Climb With U.S. Futures; Dollar Flat: Markets Wrap

      May 25, 2020
    • (Bloomberg) -- Stocks in Europe and Asia gained along with American equity-index futures as investors weighed more signs of economies reopening around the world against the rise in U.S.-China tensions. The dollar was steady, and crude oil held last week’s gains.Construction shares led the advance in the Euro Stoxx Index. Healthcare stocks also posted solid g […]

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    • Europe’s Debt Reckoning May Mean Tough Choices on Who to Tax

      May 25, 2020
    • (Bloomberg) -- Europe’s leaders may be united on the need to throw money at economies during the coronavirus crisis, but they have yet to confront how to pay for it all.That reckoning could force governments across the region into tough choices about where to lay the burden among voters already disillusioned with political establishments -- a decade after th […]

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    • Emerging Markets Are Stumbling as Old Bugbear Gatecrashes Party

      May 25, 2020
    • (Bloomberg) -- Just as early bets on an emerging-market recovery start fueling appetite for stocks and currencies, an old bugbear is reappearing to haunt investors in coming weeks: U.S.-China tensions.MSCI’s emerging-markets stock gauge moved into the red toward the end of last week as China announced plans to impose a national security law on Hong Kong, dee […]

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    • Bayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits

      May 25, 2020
    • (Bloomberg) -- Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.The deals, which have yet to be signed and cover an estimated 50,000 to 85,000 suits, are part of a $10 billion Bayer plan to end a costly le […]

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    • Apple China Sales On Recovery Path In April, iPhone Sales Jump 160% – Report

      May 25, 2020
    • Apple Inc.’s (AAPL) China sales continued to recover in April, driven partly by the launch of a cheaper iPhone, CNBC reported.The tech giant sold 3.9 million iPhones in China in April, reflecting a 160% surge from March figures, when it sold 1.5 million smartphones, the Shanghai-based market research firm CINNO Research told CNBC.The signs of a recovery path […]

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    • Bayer says it makes progress in settlement talks over weedkiller

      May 25, 2020
    • Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases. In April, Bayer's management regained shareholder support for its handling of the litigation process. Bloomberg cited people fam […]

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    • Oil Edges Past $33 But Rising U.S.-China Tensions Cap Rally

      May 25, 2020
    • (Bloomberg) -- Oil traded near $33 a barrel as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand.China warned on Sunday that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between Beijing and Washington could complicate th […]

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    • Facebook Workplace Hits 5 Million Paid Users As Remote Work Demand Rises

      May 25, 2020
    • Facebook Inc. (FB) has seen the number of paid users of its Workplace software, which is used for corporate chats and video calls, increase to 5 million as the coronavirus pandemic accelerated the need for remote working tools.The social media network said that as the number of Workplace software paid users surged to 5 million from 2 million in October, it i […]

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  • RSS Financial Post – Trading Desk

    • NAFTA worries won’t hurt exports this year, EDC forecasts

      April 12, 2018
    • Growth is seen being led by gains in ores and metals, aerospace, and forestry, according to Export Development Canada […]

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    • Top energy and mining picks to consider amid strong global growth

      January 8, 2018
    • "High-octane global growth usually rewards resource-sensitive stocks and global exposure..." […]

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    • Buy the Canadian dollar, J.P. Morgan tells clients

      November 6, 2017
    • Not even rising oil prices have been doing the loonie any favours lately, but recent Canadian data could change all that […]

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    • Donald Trump’s tax cut may really mean tomorrow’s tax hike

      November 3, 2017
    • "The budget bill may not include sufficient spending cuts to tame a runaway deficit, thus angering fiscal hawks." […]

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    • Why analysts don’t like Imperial Oil Ltd

      November 2, 2017
    • "The lack of operational performance as of late at all three of the company’s operated assets has eroded Imperial’s ‘premium operator’ status." […]

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    • Why Apple’s iPhone upgrade ‘supercycle’ may become a ‘super-long’ cycle

      November 1, 2017
    • Apple's iPhone upgrade “supercycle” may be even more significant that previously thought […]

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    • Does Nike have a problem?

      October 27, 2017
    • Nike can’t drag its feet for too long because "mediocre retail won't survive.” […]

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    • Steve Eisman of ‘The Big Short’ is short Wells Fargo, long Citigroup

      October 19, 2017
    • Steve Eisman, who predicted the financial crisis of 2007-2008 and successfully bet against subprime mortgages, has a short position in Wells Fargo and a long in Citigroup […]

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    • Why you should remember Black Monday on its 30th anniversary

      October 18, 2017
    • Like back in 1987, many market participants today rely on computers to run quantitative and rules-based systems to manage money and risk […]

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    • Why strong Q3 results from Netflix Inc don’t have investors buying

      October 17, 2017
    • Netflix's content costs continue to climb, and that will put pressure on cash flows […]

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