LONDON Global stocks were set for their first weekly gain in four weeks on Friday and the dollar rose to its highest since March, as the euro came under pressure after the European Central Bank shot down talk of tapering its easy money stance.
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General Electric Co reported a 6.7 percent rise in quarterly profit on Friday, helped by strength in its power and renewable energy businesses.
HONG KONG Chinese logistics company ZTO Express is turning up the chance of a much more lucrative share listing at home in favor of an overseas IPO that lets its founder retain control and its investors cash out more easily.
LONDON Talks between the British government and Nissan are ongoing over a future investment from the Japanese carmaker into its plant in Sunderland, northeast England, a spokesman for Prime Minister Theresa May said on Friday.
LONDON Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the lifting of international sanctions.
BRUSSELS EU antitrust regulators have extended their review of the proposed $28 billion merger between of Deutsche Boerse and the London Stock Exchange by three weeks after the exchanges asked for more time.