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EU, U.S. trade deal not dead yet: EU’s Malmstrom

October 30, 2016 by · Leave a Comment 

By Robert-Jan Bartunek BRUSSELS (Reuters) – A much-debated trade deal between the European Union and the United States is not dead and negotiations will continue with the new U.S. administration after November's elections, EU Trade Commissioner Cecilia Malmstrom said on Saturday. Paul Magnette, the premier of Belgium's region of Wallonia who led opposition to the Canadian trade deal, told his parliament on Friday that with the

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EU, U.S. trade deal not dead yet: EU’s Malmstrom

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TD Ameritrade faces scrutiny over Scottrade purchase

October 24, 2016 by · Leave a Comment 

TD Ameritrade has agreed to buy Scottrade for $2.7 billion in a deal that would bring together two of the biggest U.S. discount brokerages, but is expected to face scrutiny from regulators. In a connected deal, Toronto-Dominion Bank , TD Ameritrade's biggest shareholder, said on Monday it had agreed to buy Scottrade's banking business for $1.3 billion as it continues to ramp up its expansion in the United States. TD Ameritrade's acquisition of Scottrade combines two …

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TD Ameritrade faces scrutiny over Scottrade purchase

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Audi to buy back 25,000 diesel Q7 models in U.S.: Der Spiegel

October 21, 2016 by · Leave a Comment 

FRANKFURT (Reuters) – Volkswagen's premium division Audi will buy back 25,000 diesel engined cars in the United States to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel said on Friday.

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Audi to buy back 25,000 diesel Q7 models in U.S.: Der Spiegel

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BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

October 21, 2016 by · Leave a Comment 

British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. The cash-and-stock deal would mark the return of BAT to the lucrative and highly regulated U.S. market after a 12-year absence, making …

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BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

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McDonald’s U.S. sales revive amid stiff competition

October 21, 2016 by · Leave a Comment 

Sales at established U.S. restaurants rose 1.3 percent as a result, offsetting the negative impact of competition and lower grocery prices that encouraged some diners to cook at home. The result from the United States, which accounts for about 40 percent of overall profit at McDonald's, just exceeded analysts' lowered expectations, and was not as …

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McDonald’s U.S. sales revive amid stiff competition

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WHY IT MATTERS: Energy

October 20, 2016 by · Leave a Comment 

The issue:

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WHY IT MATTERS: Energy

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AmEx raises 2016 profit forecast; shares up 5.8 percent

October 20, 2016 by · Leave a Comment 

American Express Co raised its 2016 adjusted earnings forecast and reported better-than-expected third-quarter revenue on Wednesday, sending its shares up 5.8 percent in extended trading. The credit card issuer, which has historically catered to upscale consumers, said it plans to increase spending on digital marketing, a strategy that helped it add 1.7 million new card members in the United States this quarter and expand globally. Analysts on …

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AmEx raises 2016 profit forecast; shares up 5.8 percent

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Shell faces possible Dutch lawsuit over Nigerian activist’s execution

October 16, 2016 by · Leave a Comment 

The widow of a Nigerian activist is planning to sue Royal Dutch Shell in the Dutch courts alleging the oil company was complicit in the execution of her husband by the Nigerian military in 1995, court documents filed in the United States last week show. Esther Kiobel has filed an application in New York to secure documents from Shell’s U.S. lawyers…

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Shell faces possible Dutch lawsuit over Nigerian activist’s execution

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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

October 15, 2016 by · Leave a Comment 

Samsung Galaxy Note 7 smartphone devices will be banned from aircraft in the United States starting on Saturday at noon EDT (1600 GMT) under an emergency order, regulators said on Friday after numerous reports of the

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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

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BMW recalls 33,026 cars in Russia: watchdog

October 12, 2016 by · Leave a Comment 

MOSCOW (Reuters) – Russian standards agency Rosstandart said on Wednesday it had been informed about a voluntary recall by German carmaker BMW of 33,026 cars of the X3 F25 and X4 F26 models.

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BMW recalls 33,026 cars in Russia: watchdog

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