(Reuters) – Google parent company Alphabet Inc said on Tuesday former Chairman and Chief Executive Eric Schmidt and former Google Cloud CEO Diane Greene will step down from the search company’s board in June. Robin Washington, chief financial officer of biotech firm Gilead Sciences Inc, will join the board. The changes follow scandals involving Google’s […]
GENEVA (Reuters) – A European Union trade lawyer fired withering put-downs at U.S. claims for damages due to subsidies for European planemaker Airbus in a recording of a dispute hearing made available by the World Trade Organization (WTO) on Tuesday. The EU lawyer, whom diplomats identified as James Flett, described some U.S. claims in the […]
WASHINGTON (Reuters) – The Federal Reserve is expected to hold interest rates steady at its policy meeting this week as policymakers balance recent stronger-than-expected U.S. economic growth against sluggish inflation. Officials have given no signal in recent weeks of any change to the U.S. central bank’s benchmark overnight lending rate, currently set in a range […]
WASHINGTON (Reuters) – The White House still backs Stephen Moore for a seat on the Federal Reserve’s Board of Governors, President Donald Trump’s top economic adviser said on Monday, despite concerns among some Democratic lawmakers about his competence and past remarks. “We’re still behind him, and he’s going through the process of vetting,” National Economic […]
The latest global monthly trade figures show a downturn and indicate that volumes will fall through the year, which looks like bad news for our exporters. Data published by the CPB Netherlands Bureau, a body whose numbers are watched closely, showed that world trade volumes fell by 1.8pc month-on-month in February, in part as protectionism […]
Our bid for a lovely summer glow all year round can leave us looking a bit streaky as that fake tan fades. But a new product has been labelled the "best ever" and claims to "last longer than any other in the world". Vita Liberata's pHenomenal 2-3 Week Tan Mousse has received rave reviews online, […]
NEW YORK (Reuters) – The S&P 500 set an intraday record high on Monday, bolstering the view that the decade-long bull market has further to run, after consumer spending rose in March and inflation data was benign. The benchmark index topped its intraday record of 2,940.91 hit on Sept. 21, rising to a session high […]
LONDON (Reuters) – European equity markets nudged down on Tuesday as weak Chinese business surveys dampened appetite for risk, while investors braced for a spate of data on the region’s economic health. Bourses in Britain, France and Germany followed Asian peers into the red after the surveys on China manufacturing missed forecasts – another sign […]
(Reuters) – General Electric Co said on Tuesday first-quarter profit from its continuing operations more than tripled, helped by higher sales in its aviation, oil and gas, and healthcare units. Shares surged more than 6 percent in premarket trading. The company stuck to its full-year forecast for earnings, but said problems with Boeing Co’s 737 […]
NEW YORK (Reuters) – The S&P 500 set an intraday record high on Monday, bolstering the view that the decade-long bull market has further to run, after consumer spending rose in March and inflation data was benign. The benchmark index topped its intraday record of 2,940.91 hit on Sept. 21, rising to a session high […]