Bhinneka News Online: Reuters Before the Bell: BNP damps down Commerzbank tie-up talk, says just friends

Friday, 17 November 2017

Reuters Before the Bell: BNP damps down Commerzbank tie-up talk, says just friends

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Friday, November 17, 2017

BNP damps down Commerzbank tie-up talk, says just friends

FRANKFURT (Reuters) - BNP Paribas Chairman Jean Lemierre on Friday damped down speculation that France's biggest bank is interested in a tie-up with Germany's Commerzbank .

Exclusive: Germany's top banks step up efforts to offload toxic shipping debt

LONDON/FRANKFURT (Reuters) - Top national lenders Deutsche Bank <DBK Gn.DE> and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system grapples with $100 billion in toxic debt from the sector.

World stocks claw back losses but set for second weekly fall

LONDON (Reuters) - World stocks clawed back more losses on Friday after spending much of the week in the red, helped by signs of progress in U.S. tax reform and strong corporate results, though many hurdles remain to secure passage of a tax cut deal.

Oil climbs, but still set for first weekly fall in six

LONDON (Reuters) - Oil prices climbed on Friday but were still heading for their first week of losses in six, weighed down by Russian hesitation for extending a global pact to cut output and curb oversupply.

Fork talk lifts bitcoin to all-time high near $8,000

LONDON (Reuters) - Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.

New $200,000 Tesla Roadster speeds in front of electric big-rig truck

HAWTHORNE, Calif. (Reuters) - Tesla Inc upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig's trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest production car ever.

Trucking company J.B. Hunt reserves Tesla trucks

(Reuters) - Trucking company J.B. Hunt Transport Services Inc said on Friday it placed a reservation to purchase Tesla Inc's Semi trucks.

Wireless carriers on mute as Supreme Court hears big privacy case

WASHINGTON (Reuters) - The U.S. Supreme Court is set to consider a major cellphone privacy case later this month, but leading players in the wireless industry that is at the center of the closely watched dispute are keeping their distance.

Analysts flee Wall Street with gallows humor as research changes loom

(Reuters) - Having covered financial stocks at big and small banks for more than two decades, David Hilder was accustomed to the ebb and flow of Wall Street job cuts and hiring sprees.

China faces waste hangover after Singles' Day buying binge

SHANGHAI (Reuters) - China's Singles' Day online discount sales bonanza on Saturday saw bargain-hungry buyers spend over $38 billion, flooding the postal and courier businesses with around 331 million packages - and leaving an estimated 160,000 tonnes of packaging waste.