Reuters: Business News 7 April 2018

Fed's Evans says he's optimistic on inflation, wants rate hikes

CHICAGO (Reuters) - Chicago Federal Reserve Bank President Charles Evans, one of the Fed's most dovish policymakers, said Saturday that he is optimistic inflation will reach the Fed's 2 percent goal and that slow, gradual rate increases will be appropriate.

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China's state media urges U.S. industry to rally against Trump tariff threat

BEIJING (Reuters) - Chinese state media on Sunday called on industrial and commercial sectors in the United States to rally against President Donald Trump's plans for an additional $100 billion in tariffs against Chinese goods.

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Deutsche Bank board to discuss CEO and make decision on Sunday

FRANKFURT (Reuters) - Deutsche Bank's supervisory board intends to "take a decision" on Sunday after discussing John Cryan's job at the helm of the bank, the German lender said late on Saturday.

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Trump administration mulls stiffer rules for imported cars

WASHINGTON (Reuters) - The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, according to two sources familiar with the administration's thinking.

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Saudi Aramco studying chemical plant addition at Port Arthur refinery: sources

HOUSTON (Reuters) - Saudi Aramco is studying a multi-billion dollar plan to build a petrochemical plant at the Port Arthur, Texas, refinery operated by its subsidiary Motiva Enterprises LLC [MOTIV.UL], sources familiar with the company's plans said on Saturday.

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Panic! Don't panic! Navigating the trade talk proves dicey

NEW YORK (Reuters) - "Don't overreact," President Donald Trump's chief economic adviser told investors on Wednesday, when U.S. stocks were deep in the red over worries about the administration's plan for $50 billion of import duties aimed at China.

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Air France strike hits flights as French brace for rail stoppages

PARIS (Reuters) - Air France grounded just under a third of flights on Saturday as staff staged a walkout over pay, and travelers also braced for a fresh wave of train strikes starting later in the day, crippling much of France's transport network.

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Philippines regulator orders pushback in Uber's shutdown amid ongoing review

MANILA (Reuters) - The Philippines' anti-trust agency said on Saturday it has ordered Uber Technologies Inc [UBER.UL] to continue domestic operations as it reviews the ride hailing firm's deal to sell its money-losing Southeast Asian business to rival Grab.

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