Thursday, 24 August 2017

🔔 Reuters Before the Bell: Dollar regains some footing after falling on Trump's comments

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Thursday, August 24, 2017
Dollar regains some footing after falling on Trump's comments
SINGAPORE (Reuters) - The dollar edged higher against the yen on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement.
Globalization's castaways haunt central bankers
MASSENA, New York/JACKSON HOLE, Wyoming (Reuters) - After a turbulent year of anti-globalization backlash, central bankers still argue open borders and free trade are the key to more jobs, growth and prosperity.
Asia stocks brush off Wall St. slide after Trump's comments, dollar recovers
SINGAPORE (Reuters) - Asian stocks and the dollar edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after President Donald Trump threatened to shut down the U.S. government and end the North American Free Trade Agreement.
Ford poaches Key Safety CEO to head its China operations
SHANGHAI (Reuters) - Ford Motor Co said the new head of its China operations will be Jason Luo, the CEO of auto parts maker Key Safety Systems with wide experience in M&A - an appointment that comes as Ford embarks on range of initiatives in the world's biggest car market.
Amazon deal for Whole Foods wins U.S. regulatory, shareholder approvals
WASHINGTON/SAN FRANCISCO (Reuters) - Amazon.com Inc on Wednesday cleared two of the biggest hurdles it needed to close its $13.7 billion acquisition of Whole Foods Market Inc , with approvals from a U.S. regulator and the grocery chain's shareholders.
Hershey Trust to sell 4.5 million shares of Hershey Co
(Reuters) - Hershey Trust Co, the charitable trust which controls chocolate maker Hershey Co , said on Wednesday it would sell 4.5 million shares of Hershey's common stock.
America Movil announces roaming agreement with AT&T for Mexico users
MEXICO CITY (Reuters) - America Movil's Telcel unit and AT&T have reached an agreement regarding roaming services in Mexico, America Movil announced on Wednesday.
Ahead of Lee verdict, Samsung Group lacks leadership 'Plan B'
SEOUL (Reuters) - Samsung Group, South Korea's leading conglomerate, has no 'Plan B' for taking big decisions if its billionaire de facto leader Jay Y. Lee is jailed for corruption, people familiar with the matter said.
If convicted, Samsung's Lee could be c/o Uijeongbu Prison
SEOUL (Reuters) - If convicted and given a jail sentence, home for Jay Y. Lee, the billionaire de facto head of South Korean conglomerate Samsung, could be a crowded prison set in wooded hills just to the north of Seoul, where disgraced politicians and business leaders have previously served time.
Uber second-quarter bookings increase, loss narrows
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] on Wednesday reported a 16 percent increase in quarterly bookings and a smaller loss than the previous period as the ride-services company showed signs of inching toward profitability.
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