Monday, 10 September 2018

U.S., Europe optimism helps global stock index dodge trade war dread

Reuters.com Newsletter

U.S., Europe optimism helps global stock index dodge trade war dread

An index of global stock markets rose on Monday for the first time in eight trading sessions on optimism about policy from Italy to the United States, dodging anxiety about the U.S.-China trade war.

S&P, Nasdaq edge higher after recent losses but Apple drags

U.S. stocks mostly edged higher on Monday, with the S&P 500 and Nasdaq rebounding to snap a four-day losing streak, although a drop in Apple kept gains in check.

Where Trump flipped counties, worker incomes grow more slowly

Worker pay gains in areas of the country that helped power Donald Trump's 2016 presidential victory were substantially slower than in the rest of the country during the first year of his administration, new government data shows.

U.S. approves possible $3.1 billion sale of E-2D Hawkeye aircraft to Japan

The U.S. State Department has approved the possible sale to Japan of up to nine E-2D Advanced Hawkeye Airborne Early Warning and Control aircraft for an estimated cost of $3.135 billion, the Pentagon said on Monday.

Ryanair's German pilots to strike on Wednesday

German pilots' union Vereinigung Cockpit (VC) on Monday called a 24-hour strike affecting all Ryanair flights out of Germany on Wednesday to push its demands in talks with the Irish carrier on wages and work conditions.

Orexo soars after winning opioid drug appeal against Teva

A U.S. appeals court on Monday revived Swedish pharmaceutical company Orexo AB's lawsuit accusing a unit of Israel's Teva Pharmaceutical Industries Ltd of infringing a patent for its opioid addiction drug Zubsolv.

Ryanair bars journalists from AGM as pilot dispute rumbles on

Ryanair on Monday barred all media from reporting at its annual shareholder meeting next week, saying the move is to allow shareholders to raise matters freely with the board without discussions being "distorted".

CBS sets Moonves payoff at $120 million pending probe

CBS Corp said on Monday it will pay $120 million to former Chief Executive Officer Leslie Moonves if an internal investigation into allegations of harassment fails to provide grounds for his dismissal.

CBS CEO Moonves resigns amid new allegations of sexual misconduct

Leslie Moonves, the top executive at CBS Corp since 2006 and a major figure at the broadcast network and media company for more than two decades, resigned on Sunday amid a new wave of allegations against him of sexual assault and harassment.

Golden Knights acquire Pacioretty from Canadiens

The Vegas Golden Knights acquired All-Star forward Max Pacioretty from the Montreal Canadiens late Sunday night in exchange for Tomas Tatar, prospect Nick Suzuki and a second-round pick in the 2019 NHL Entry Draft.

European F-35 fighter jet users push to drive down operating costs

The U.S. military and European operators of the radar-evading F-35 fighter jet have agreed to work together more closely to help lower the cost of operating the new warplanes as growing numbers arrive in Europe, officials said.

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