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Global Markets: U.S. dollar, Wall Street fall with tax overhaul in focus
NEW YORK (Reuters) - The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at overhauling U.S. tax law.
Posted on : 2017-11-18 08:38:20
China's home price growth picks up in October
BEIJING (Reuters) - China's new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices remained resilient in the face of falling sales and a tighter liquidity environment.
Posted on : 2017-11-18 08:36:34
Global banks flag concerns over U.S. Senate tax proposal
WASHINGTON (Reuters) - Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry.
Posted on : 2017-11-18 05:56:45
Key NAFTA talks open in Mexico amid complaint of U.S. inflexibility
MEXICO CITY (Reuters) - A key round of talks to update the NAFTA trade pact formally opened on Friday, but within hours Canada was complaining about inflexibility by the United States, which is demanding big changes, a union leader said.
Posted on : 2017-11-18 04:44:01
Canada, Mexico try more flexibility as key NAFTA round opens
MEXICO CITY (Reuters) - A key round of talks to update the NAFTA trade pact formally opened on Friday with Canada and Mexico seeking to show more flexibility about addressing hard line U.S. demands that they had previously dismissed as unworkable.
Posted on : 2017-11-18 03:14:48
U.S. dollar, Wall St. fall with tax overhaul in focus
NEW YORK (Reuters) - The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at overhauling U.S. tax law.
Posted on : 2017-11-18 02:58:26
Exclusive: Vale delays sale of stake in New Caledonia nickel mine - sources
NEW YORK/VANCOUVER (Reuters) - Vale SA has decided to postpone the sale of a stake in its New Caledonia nickel mine after the initial bids for the asset came in at the lower end of expectations, two people with knowledge of the matter said.
Posted on : 2017-11-18 02:56:13
U.S. dollar, Wall St fall as tax reform in focus
NEW YORK (Reuters) - The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at U.S. tax reform.
Posted on : 2017-11-18 01:47:00
U.S. rejects Ford petition to delay recall of 3 million vehicles
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recall of about 3 million vehicles with potentially defective air bag inflators to conduct additional testing.
Posted on : 2017-11-18 01:30:47
Wall St. set to end week on whimper as tax changes mulled
NEW YORK (Reuters) - Wall Street was set to end the week on a muted note on Friday, with major indexes slipping modestly, as investors weighed the fate of the Republicans' tax cut plan.
Posted on : 2017-11-18 01:22:51
Canada, Mexico show more flexibility as key NAFTA round opens
MEXICO CITY (Reuters) - A key round of talks to update the NAFTA trade pact formally opened on Friday with Canada and Mexico showing more flexibility about addressing hardline U.S. demands that they had previously dismissed as unworkable.
Posted on : 2017-11-18 00:17:55
Exclusive - Vale delays sale of stake in New Caledonia nickel mine: sources
NEW YORK/VANCOUVER (Reuters) - Vale SA has decided to postpone the sale of a stake in its New Caledonia nickel mine after the world's largest iron ore producer decided initial bids were too low, two people with knowledge of the matter said.
Posted on : 2017-11-18 00:15:36
Wall Street slips on worries over tax plan's progress
(Reuters) - Wall Street indexes were under pressure on Friday as investors were skeptical about the Republicans' efforts to pass the tax bill.
Posted on : 2017-11-17 23:28:47
Volkswagen accelerates push into electric cars with $40 bln spending plan
WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.
Posted on : 2017-11-17 23:22:32
Moody's gives Modi a boost by raising India's sovereign rating
MUMBAI/BENGALURU (Reuters) - Moody's Investors Service upgraded India's sovereign credit rating for the first time in nearly 14 years on Friday, saying continued progress on economic and institutional reforms would boost the country's growth potential.
Posted on : 2017-11-17 22:45:42
Warnings, downgrades weigh as European shares post another weekly fall
MILAN (Reuters) - Disappointing earnings updates and a series of broker downgrades weighed on European shares on Friday, with regional indexes posting their second weekly fall in a row.
Posted on : 2017-11-17 22:33:54
Emerging market inflows stall; flows to Mexico hit six-year low - IIF
NEW YORK (Reuters) - The pace of fund flows to emerging markets has stalled in the fourth quarter, data from a bank lobbying institution shows, with fund flows to Mexico slumping to their lowest since 2011 and accounting for just 3.8 percent of investors' portfolios.
Posted on : 2017-11-17 22:25:24
Graphic: Take Five - World markets themes for the week ahead
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Posted on : 2017-11-17 21:32:21
Global Economy: Dwindling British fortunes to be laid bare
DUBLIN (Reuters) - The diverging trajectories of Britain and other major economies is set to be further laid bare in the coming week with London's budget forecasters poised to cut their growth outlook and data elsewhere likely to remain solid.
Posted on : 2017-11-17 21:08:20
U.S. tax plan could cause sugar high, then economic slump
NEW YORK (Reuters) - Slashing taxes may give the U.S. economy a temporary boost but the "sugar rush" may cause deeper problems ahead, investors at the Reuters Global Investment 2018 Outlook Summit in New York said.
Posted on : 2017-11-17 21:02:22
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