Reuters Business Today: March 30, 2017

Click to View in Browser Thursday, March 30, 2017 Fourth-quarter economic growth revised up to 2.1 percent WASHINGTON, March 30 (Reuters) - - U.S. economic growth slowed less than previously reported in the fourth quarter amid robust consumer spending that was partially met with a rise in imports. Weekly jobless claims fall less than expected WASHINGTON, March 30 (Reuters) - - The number of Americans filing for unemployment benefits fell less than expected last week, suggesting some loss of momentum in a labor market that continues to tighten. Euro dips as price data further dampens ECB hike bets LONDON (Reuters) - The euro dipped and bond yields hit multi-week lows on Thursday as easing inflation in Spain and Germany led investors to row back further on expectations of when the European Central Bank might tighten monetary policy. Ackman apologizes for Valeant losses, calls bet a mistake BOSTON (Reuters) - Billionaire hedge fund manager William Ackman has apologized to clients for betting on Valeant Pharmaceuticals International Inc , telling them he was "deeply and profoundly sorry" for losing so much of their money on the investment. Corporate America's top shareholder referee gets tougher on activists NEW YORK (Reuters) - Institutional Shareholder Services Inc, the world's top proxy advisory firm, is making activist investors work harder than ever to earn its backing in corporate control battles in a shift being led by the new man in charge of its recommendations. Unions threaten to scupper Linde-Praxair merger FRANKFURT/MUNICH (Reuters) - Linde labor representatives threatened on Thursday to scupper the German industrial gases group's planned $65 billion merger with U.S. rival Praxair , urging their board members to vote against the deal and enlisting Berlin's support. Saudi Aramco formally appoints banks to advise on share sale LONDON (Reuters) - Saudi Aramco has formally appointed JPMorgan Chase & Co , Morgan Stanley and HSBC as international financial advisers for its initial public offering, sources familiar with the matter told Reuters. German lawmaker warns U.S. exchanges against Deutsche Boerse bids LONDON (Reuters) - U.S. stock exchanges should not attempt to buy Deutsche Boerse , the German exchange whose bid to merge with its London counterpart has just collapsed, a senior German politician said on Thursday. Batteries included as Hyundai amps up electric car ambitions YONGIN, South Korea (Reuters) - South Korea's Hyundai Motor Co is developing its first dedicated architecture for electric vehicles, an executive told Reuters, seeking to catch up with the likes of Tesla in the growing segment with multiple, long-range models. Westinghouse wins UK reactor approval from nuclear regulator LONDON (Reuters) - Toshiba's  Westinghouse, which filed for bankruptcy on Wednesday, has won approval for its AP1000 reactor design, Britain's nuclear regulator said on Thursday. Related Video Samsung unveils its Galaxy S8 smartphone Energy, consumer shares lift S&P 500 to slight gain Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook