At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once again. Video
WASHINGTON - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve.
WASHINGTON - Small business optimism rose to a one year-high in May, a hopeful sign for an economy that has hit a soft patch.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
ThyssenKrupp still aims for Americas deal by May
FRANKFURT (Reuters) - ThyssenKrupp (TKAG.DE) still aims to have an agreement on a sale of its Steel Americas plants by May, Chief Executive Heinrich Hiesinger said.
"We can control the process up until there is an agreement, and we have always said that we will put all efforts into reaching such a situation sometime in May," he told analysts during a conference call after Germany's biggest steelmaker reported quarterly results on Tuesday.
ThyssenKrupp has said it aimed to complete the sale process by the end of its fiscal year in September, but Hiesinger cautioned that the approval process for any deal was out of the company's control and could take longer than expected.
Finance chief Guido Kerkhoff said there was a "clear preference" for agreeing a cash deal.
(Reporting by Maria Sheahan)
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