Breaking Stock Market and Financial News

UPDATE 2-Trump threatens German carmakers with 35 pct U.S. import tariff

Reuters Us Markets - 4 hours 51 min ago
* Audi, Mercedes-Benz, BMW stepping up Mexican production (Adds BMW executive, trade expert comment)

India's Reliance Industries Q3 net profit up 10 pct, beats estimate

Reuters Us Markets - 4 hours 58 min ago
MUMBAI, Jan 16 (Reuters) - India's oil-to-telecoms conglomerate Reliance Industries Ltd beat analysts' estimates to post a 10 percent increase in third-quarter standalone net profit, bolstered by...

RPT-US insurers get inside cars, mouths, grocery carts in profit search

Reuters Us Markets - 5 hours 7 min ago
NEW YORK, Jan 15 (Reuters) - Twice a day, Scott Ozawa's Bluetooth-enabled toothbrush tells his dental insurer if he brushed for a full two minutes. In return, the 41-year-old software engineer gets...

Amid political rancor, Martin Luther King to be honored at Atlanta church

Top Reuters News - 5 hours 46 min ago
ATLANTA (Reuters) - Hundreds are expected to pack the Rev. Martin Luther King Jr.’s home church in Atlanta on Monday to mark the federal holiday for the slain civil rights leader, amid political and racial rancor as the first black U.S. president prepares to step down.

Istanbul nightclub attack involved an intelligence organization: deputy PM

Top Reuters News - 7 hours 6 min ago
ANKARA (Reuters) - The mass shooting at an Istanbul nightclub on New Year's Eve was carried out professionally with the involvement of an intelligence organization, Turkish Deputy Prime Minister Numan Kurtulmus said on Monday.

Thai SCB, China Minsheng to lend $210 mln to Canadian Solar

Reuters Us Markets - 7 hours 27 min ago
BANGKOK, Jan 16 (Reuters) - Siam Commercial Bank Pcl and China Minsheng Bank will jointly lend $210 million to Canadian Solar Inc's new manufacturing facility in Thailand, the Thai bank said in...

CORRECTED-No new antidepressants in sight despite growing need, experts warn

Reuters Us Markets - 7 hours 30 min ago
LONDON, Jan 11 (Reuters) - It is likely to be at least 10 years before any new generation of antidepressants comes to market, despite evidence that depression and anxiety rates are increasing across...

Trump threatens German carmakers with 35 percent U.S. import tariff

Top Reuters News - 7 hours 49 min ago
FRANKFURT (Reuters) - Shares in German carmakers BMW , Daimler and Volkswagen fell after United States President-elect Donald Trump warned he will impose a border tax of 35 percent on vehicles imported from abroad to the U.S. market.

Trump protectionism could endanger German car production in U.S.-German official

Reuters Us Markets - 7 hours 52 min ago
BERLIN, Jan 16 (Reuters) - German auto production in the United States could be threatened if U.S. President-elect Donald Trump puts in place protectionist trade measures, the German government's...

RPT-Moscow and Kiev head for $3 bln debt showdown in English court

Reuters Us Markets - 7 hours 54 min ago
LONDON, Jan 13 (Reuters) - A $3 billion dispute between two adversarial governments will come to a head in an English court on Tuesday when Russia and Ukraine meet for a first hearing in their legal...

RPT-FOREX-Sterling skids to three-month low as "hard Brexit" fears bite

Reuters Us Markets - 8 hours 2 min ago
LONDON, Jan 16 (Reuters) - Sterling skidded to its lowest levels - bar a "flash crash" in October - in 32 years on Monday, hit by fears that Prime Minister Theresa May will say on Tuesday that...

British PM May's spokeswoman says talk of hard Brexit is "speculation"

Reuters Us Markets - 8 hours 3 min ago
DAVOS, Switzerland, Jan 16 (Reuters) - Media reports that British Prime Minister Theresa May will unveil plans for a "hard" Brexit in a speech this week are "speculation", her spokeswoman said on...

FOREX-Sterling skids to three-month low as "hard Brexit" fears bite

Reuters Us Markets - 8 hours 5 min ago
LONDON, Jan 16 (Reuters) - Sterling skidded to its lowest levels - bar a "flash crash" in October - in 32 years on Monday, hit by fears that Prime Minister Theresa May will say on Tuesday that...

Trump threatens German carmakers with 35 pct U.S. import tariff

Reuters Us Markets - 8 hours 7 min ago
FRANKFURT, Jan 16 (Reuters) - Shares in German carmakers BMW , Daimler and Volkswagen fell after United States President-elect Donald Trump warned he will impose a border tax of 35 percent on...

DBRS ratings cut pushes up Italian yields, Brexit worries support Bunds

Reuters Us Markets - 8 hours 9 min ago
LONDON, Jan 16 (Reuters) - Italy's government bond yields rose on Monday after the country's sovereign credit rating was downgraded by DBRS, a move that could raise borrowing costs for its frail...

UPDATE 1-China sovereign wealth fund CIC plans more U.S. investments - chairman

Reuters Us Markets - 8 hours 9 min ago
HONG KONG, Jan 16 (Reuters) - China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public...

South Korea prosecutors seek arrest of Samsung chief for bribery

Top Reuters News - 10 hours 19 min ago
SEOUL (Reuters) - South Korea's special prosecutors' office said on Monday it was seeking a warrant to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye.

BRIEF-Moody's: Stable outlook for Levant and North Africa sovereigns reflects reform momentum

Reuters Us Markets - 10 hours 27 min ago
* Moody's: Stable outlook for Levant and North Africa sovereigns reflects reform momentum

UK Stocks-Factors to watch on Jan 16

Reuters Us Markets - 10 hours 42 min ago
Jan 16 (Reuters) - Britain's FTSE 100 index is seen opening up 16 points at 7,353 on Monday, according to financial bookmakers. * The UK blue chip index ended up 0.6 percent at a record...

Turkish cargo jet crash kills at least 30 in Kyrgyzstan

Top Reuters News - 10 hours 45 min ago
BISHKEK (Reuters) - A Turkish cargo jet crashed near Kyrgyzstan's Manas airport on Monday, killing at least 30 people, most of them residents of a village struck by the Boeing 747 as it tried to land in dense fog, Kyrgyz officials said.

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