 |  | | Big win for automakers as Trump orders fuel economy standards review | | | DETROIT/WASHINGTON (Reuters) - President Donald Trump on Wednesday ordered a review of tough U.S. vehicle fuel-efficiency standards put in place by the Obama administration, handing a victory to auto industry executives and provoking criticism from Democrats and environmental groups. | | |  | | | Fed rate moves could spell end to Asian easing | | | SINGAPORE (Reuters) - The long cycle of falling interest rates in Asia could be over after the U.S. Federal Reserve's third rate rise in 15 months was followed quickly by monetary tightening in the world's second-biggest economy, China. | | |  | | | Dollar crunched by cautious Fed, bonds and commodities cheer | | | SYDNEY (Reuters) - The dollar nursed painful losses in Asia on Thursday while sovereign bonds savored their biggest rally in nine months after the Federal Reserve hiked interest rates, as expected, but signaled no pick-up in the pace of tightening. | | |  | | | Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand | | | WASHINGTON (Reuters) - Wednesday's indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between Moscow's security services and private Russian hackers. | | |  | | | Wells Fargo CEO receives pay bump despite sales scandal | | | NEW YORK (Reuters) - Wells Fargo & Co's board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive bonuses in light of an accounts scandal that rocked the bank last year, according to a proxy filing on Wednesday. | | |  | | | China consumer day show skewers Nike shoes, Muji foods | | | SHANGHAI (Reuters) - China's annual consumer rights day TV show turned its spotlight on U.S. sports brand Nike Inc for misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation. | | |  | | | Gundlach expects short-term rally in U.S. Treasuries on Fed: CNBC | | | NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should "use the strength" in U.S. stocks to take profits and diversify in overseas markets. | | |  | | | U.S. charges Russian spies, hackers in massive Yahoo hack | | | WASHINGTON (Reuters) - The United States on Wednesday charged two Russian intelligence agents and two criminal hackers with masterminding the 2014 theft of 500 million Yahoo accounts, marking the first time the U.S. government has criminally charged Russian spies for cyber offenses. | | | | | | | | | | Related Video | | | | | | | | | |  |  | | | Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today | | |  |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » » MORE NEWSLETTERS | | |
