Breaking business news: World stocks set for 10th straight week of gains, euro jumps

Click to View in Browser Friday, January 26, 2018 World stocks set for 10th straight week of gains, euro jumps LONDON (Reuters) - World stocks were set for their 10th straight week of gains on Friday, while the euro jumped more than half a percent as comments by U.S. officials this week advocating their support for a weak dollar reverberated through currency markets. Honeywell posts loss on tax hit, revenue rises (Reuters) - U.S. industrial conglomerate Honeywell International Inc reported a fourth-quarter loss on Friday, driven by a $3.8 billion tax provision, while also increasing revenue by 8.6 percent. Consumers, businesses seen buoying U.S. economic growth in fourth-quarter WASHINGTON (Reuters) - The U.S. economy likely maintained a brisk pace of growth in the fourth quarter, driven by an acceleration in consumer and business spending, which could set it on course to attain the Trump administration's 3 percent annual growth target this year. U.S. wage growth, tax-bonuses spark shopping in retail stocks NEW YORK (Reuters) - U.S. fund managers are betting that rising wages and the effects of the Republican-led corporate tax cut will prove a lifeline to middle-market retailers who have struggled to remain relevant in the age of Amazon. Shell buying spree cranks up race for clean energy LONDON (Reuters) - Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint. Dell considering acquisitions or possible IPO: sources (Reuters) - U.S. computer maker Dell Technologies Inc is exploring a range of options that could see the world's largest privately held technology company grow further through acquisitions or go public, people familiar with the matter said on Thursday. Atlas Copco fourth quarter operating profit lags forecast, shares fall STOCKHOLM (Reuters) - Atlas Copco , one of the world's biggest makers of compressors and underground mining equipment, on Friday reported a fourth quarter operating profit below market forecasts and said it expected demand to stay at the current level in the first quarter. Intel data center sales surge, warns of potential security flaw fallout (Reuters) - Intel Corp on Thursday gave a bullish forecast and blew past Wall Street expectations for the fourth quarter on the strength of data center sales, the business it sees as key to its transformation from a PC supplier. Starbucks disappoints after holiday drink sales lose steam (Reuters) - Starbucks Corp on Thursday warned that 2018 global cafe sales growth would be at the low end of its forecast, after holiday drinks fell flat with U.S. customers during what is traditionally a blockbuster quarter. Ackman made new bet on Nike, Namvar to transition to advisory board NEW YORK (Reuters) - Billionaire investor William Ackman said on Thursday that his hedge fund Pershing Square Capital Management made a new bet on sportswear company Nike last year that has already earned his portfolio a roughly 30 percent return. Related Video GDP report won't help the dollar, says Jane Barratt Trump warns on unfair trade, but US 'open for business' 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 2018 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