Thursday, 19 December 2019

Daily Investor Update: Airbnb wins fight to remain exempt from European property rules

Reuters.com Newsletter

Airbnb wins fight to remain exempt from European property rules

U.S. homesharing site Airbnb on Thursday won its battle to remain exempt from onerous European property regulations, as the EU's top court ruled it was an online platform and not a property agent.

French 'AHTOP' tourism association urges France to act after Airbnb ruling

France's 'AHTOP' tourism association urged the French government to take action after U.S. homesharing site Airbnb won its battle to remain exempt from onerous European property regulations.

Senior U.S. lawmaker to seek testimony of Wells Fargo's board

Wells Fargo's board of directors will be called to testify before Congress about the bank's numerous scandals sometime in 2020, a senior U.S. House lawmaker told Reuters Thursday.

Bond yields rise as Sweden ends negative rates, stocks gain

Global equity markets extended a rally on Thursday that has pushed U.S. and world stock benchmarks to record highs, while bond yields in Europe rose after Sweden stopped five years of negative interest rates, signaling the end of a sub-zero era.

Daimler, BMW exiting North American car-sharing market, cutting in Europe

BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market, with the joint venture partners halting operations in Montreal, New York, Seattle, Washington, D.C., and Vancouver, as they focus on the European market.

Wall Street sets records again as Mnuchin says trade deal to be signed

Wall Street's major indexes resumed their rally with fresh records on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January.

Oil reaches three-month highs, supported by low U.S. inventories, trade progress

Oil prices reached the highest level in three months in thin pre-Christmas trading on Thursday, buoyed by the previous day's news that U.S. crude inventories declined and as U.S.-China trade tensions continued to ease.

U.S. business borrowing for equipment falls 3% in November: ELFA

U.S. companies' borrowings for capital investments fell about 3% in November from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday.

Boeing astronaut capsule faces key test on trip to space station

Boeing Co is set to launch its new astronaut capsule on Friday on its first unmanned journey to the International Space Station, a milestone test for the U.S. aerospace firm that is vying with SpaceX to revive NASA's human spaceflight capabilities.

Markets sleepy, dollar on hold ahead of U.S. GDP data

The dollar was stalled on Thursday a day ahead of the release of U.S. gross domestic product data, little moved by weak factory activity data or President Donald Trump's impeachment.

Related Videos

Fiat Chrysler, Peugeot seal $50 bln merger deal

Sacklers withdraw over $10 bln from Purdue Pharma

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS