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- Greece, Italy tensions hit euro, Asian stocks, lift yen, gold
Mon, 29 May 2017 22:59:57 -0400
SINGAPORE (Reuters) - Concerns about a Greek bailout, early Italian elections and comments by the European Central Bank chief about the need for continued stimulus all kept the euro under pressure on Tuesday.
- BMW says shortage of parts from Bosch hampers production
Mon, 29 May 2017 09:28:55 -0400
FRANKFURT (Reuters) - German carmaker BMW said a shortage of steering gears supplied by Robert Bosch [ROBG.UL] slowed production of several of its compact and mid-sized models and caused stoppages at its plants in South Africa and China.
- British Airways vows 'never again' after costly IT collapse
Mon, 29 May 2017 18:56:53 -0400
LONDON (Reuters) - British Airways (BA) said it would take steps to ensure there was no repeat of a computer system failure that stranded 75,000 passengers over a holiday weekend and turned into a public relations disaster.
- Strong start to summer driving season pushed U.S. oil rises towards $50
Mon, 29 May 2017 20:50:59 -0400
SINGAPORE (Reuters) - U.S. crude oil prices rose toward $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead.
- With flights back in the skies, British Airways must now repair damaged reputation
Mon, 29 May 2017 10:34:45 -0400
LONDON/BERLIN (Reuters) - British Airways must turn its attention to repairing its brand after a weekend of chaos and criticism caused by a major IT outage that grounded flights from London's two main airports.
- Dollar firms against sterling, euro amid political uncertainties
Mon, 29 May 2017 20:31:10 -0400
TOKYO (Reuters) - The dollar firmed on Tuesday, taking back ground against the euro and sterling which were pressured by political uncertainties in the UK and eurozone.
- 'We are not amused': Belgian monarchy angered by Burger King
Mon, 29 May 2017 19:22:48 -0400
BRUSSELS (Reuters) - Burger King is in trouble with Belgium's monarchy over an advertising campaign asking Belgians to vote online to "crown" the global fast-food giant the true ruler of the country where the U.S. brand will launch next month.
- U.S. companies no longer know rules of game under Trump, Hasbro director says
Mon, 29 May 2017 12:29:27 -0400
CASCAIS, Portugal (Reuters) - Confusion surrounding the trade policies of U.S. President Donald Trump's administration means U.S. companies no longer know the rules of the game, a board member and former CEO of toymaker Hasbro told an international conference on Monday.
- Singapore's central bank fines Credit Suisse, UOB over 1MDB-linked transactions
Mon, 29 May 2017 23:04:07 -0400
SINGAPORE (Reuters) - Singapore's central bank said on Tuesday it had fined Credit Suisse and United Overseas Bank (UOB) a total of S$1.6 million ($1.15 million) for breaches of anti-money laundering rules for transactions related to Malaysia's scandal-ridden state fund 1MDB.
- New Russian jet heralds carbon manufacturing shake-up
Mon, 29 May 2017 14:21:28 -0400
PARIS (Reuters) - Russia's new jetliner, which conducted its maiden flight on Sunday, may have a hard time challenging the sales duopoly of Boeing and Airbus, but it does point the way to radical changes in how they could be building jets in the future.