Tag: Reuters: Money News

U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing … Read More

Two buyout firms are raising debt this week at companies they own to pay themselves dividends, a move criticised by some investors as putting short-term rewards ahead of long-term business … Read More

A global group of investors led by Stone Point Capital and Further Global will buy financial services firm Duff & Phelps for $4.2 billion, the companies said on Wednesday.   … Read More

U.S. Treasury Secretary Steven Mnuchin and his British counterpart Sajid Javid clashed over taxation on Wednesday in a brewing battle over how Europe taxes the world’s biggest technology firms.   … Read More

U.S. Senator Elizabeth Warren, a contender for the Democratic Party’s presidential nomination, is asking the biggest U.S. banks for details on their assessments of and preparations for risks related to … Read More

The S&P 500 and the Nasdaq scaled new highs on Wednesday, as an upbeat forecast from IBM added to optimism over earnings, while China’s efforts to contain a virus outbreak … Read More

U.S. President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn’t agree to a trade deal.   – … Read More

Tesla Inc on Wednesday crossed $100 billion in market valuation for the first time, further extending its lead over Ford Motor Co and General Motors Co.   – Reuters: Money … Read More

Fiat Chrysler’s chief executive Michael Manley said on Wednesday merger talks with Peugeot owner PSA to create the world’s No. 4 carmaker are progressing well and he hopes to have … Read More

Boeing Co said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the … Read More