Reuters: Business News 5 April 2018

Facebook, Amazon buoy Wall St. as trade concerns cool

(Reuters) - Facebook , Amazon and industrial stocks helped Wall Street extend its recovery on Thursday as fears over a trade war between the United States and China eased.

Read More →

Facebook shares rise as Zuckerberg soothes investors

(Reuters) - Shares of Facebook Inc rose as much as 4.2 percent on Thursday, after Chief Executive Officer Mark Zuckerberg said the social network had not seen any meaningful impact on usage or ad sales in the wake of a data privacy scandal.

Read More →

China will win any trade war with U.S.: state media

BEIJING/WASHINGTON (Reuters) - China has never surrendered to external pressure and it will win any trade war with the United States, the nation's state media stressed in the hours after the world's two top economies targeted each other with planned steep tariffs.

Read More →

U.S., China rivalry poses risks, benefits for Latin America

MENDOZA, Argentina (Reuters) - As the trade dispute between the United States and China was gaining steam last month, a half-dozen Chinese dancers and a person in a panda bear suit paraded across a stage inside a hotel lobby in the heart of Argentina's wine country.

Read More →

JPMorgan's Dimon praises Trump's deregulatory efforts in annual letter

NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon complimented the administration of President Donald Trump in his annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts are helping his bank make more money.

Read More →

Investors scope out potential European wins from U.S.-China frictions

LONDON (Reuters) - Nobody wins a trade war, International Monetary Fund chief Christine Lagarde said in March. But for some European companies, a bit of friction couldn't hurt.

Read More →

Monsanto misses profit estimates as corn disappoints

(Reuters) - Monsanto Co on Thursday reported weaker-than-expected earnings for a second straight quarter, saying its corn business dropped as U.S. farmers planted fewer acres this spring, while low crop prices continued to drag the sector.

Read More →

Dolce & Gabbana has rejected offers, sets up trust: paper

MILAN (Reuters) - Italian fashion house Dolce & Gabbana has rejected all acquisition offers it has received and its founders have created a trust for the future of the brand, the two designers said in an interview on Thursday.

Read More →

Peugeot boss says CO2 fines will create Chinese 'Trojan Horse'

PARIS (Reuters) - A major European carmaker could be brought "to its knees" by carbon dioxide emissions fines, allowing a Chinese buyer to step in with its own electric vehicle technology, Peugeot maker PSA Group's chief executive said.

Read More →

Spanish judge prevents Swiss bank leaker Falciani from leaving country

MADRID/ZURICH (Reuters) - Spain's High Court released Swiss bank whistleblower Herve Falciani from custody on Thursday but ordered him to remain in Spain while it considers an extradition request from Switzerland which wants to jail him for industrial sabotage.

Read More →
Calendar