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Thursday, September 7, 2017

Hurricane Harvey lifts U.S. jobless claims to more than two-year high

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week amid a surge in applications in hurricane-ravaged Texas, but the underlying trend remained consistent with a firming jobs market.

Euro grinds higher before ECB, global stocks stutter

LONDON (Reuters) - The euro climbed and stocks inched higher on Thursday, as markets waited to hear just how close the European Central Bank is to scaling back its more than 2 trillion euro ($2.75 trillion) stimulus program.

Ex-bank manager to face charges in Philippines for cyber heist, others cleared

MANILA (Reuters) - Philippine prosecutors have recommended the filing of charges against a former bank manager for her part in laundering of tens of millions of dollars stolen from Bangladesh's central bank last year but cleared two casino agents and a remittance firm.

The death of the car show?

PARIS/FRANKFURT (Reuters) - Frankfurt's vast auto show, which opens next week, is already getting attention of the wrong kind - for its impressive list of no-shows.

Court challenge delays vote on CBS' Australian TV station buyout

SYDNEY (Reuters) - CBS Corp's buyout of struggling Australian broadcaster Ten Network Holdings Ltd will be delayed at least a week, after a court on Thursday said it would pause the deal to hear a challenge by a rival bidder.

Oil firms as U.S. Gulf refineries restart, dollar softens

LONDON (Reuters) - Brent oil prices firmed on Thursday, hovering near 3-1/2-month highs as U.S. refiners restarting after Tropical Storm Harvey increased their crude processing and the U.S. dollar declined.

India's Eicher set to make $1.8 billion-$2 billion binding bid for Ducati: paper

BANGALORE/BERLIN (Reuters) - India's Eicher Motors is set to make a $1.8 billion-$2 billion bid for Italian motorcycle manufacturer Ducati, the Economic Times daily reported on Thursday, although the sale of the brand by German owner Volkswagen remains in limbo.

Goldman Sachs may triple or quadruple Frankfurt headcount, Germany chief says

FRANKFURT (Reuters) - Wolfgang Fink, co-chief of Goldman Sachs in Germany, said that the U.S. investment bank may triple or quadruple its Frankfurt presence in light of Brexit.

EU national consumer bodies press Volkswagen on Dieselgate repairs

BRUSSELS (Reuters) - European national consumer bodies pressed Volkswagen to fix all emissions-cheating vehicles by the end of the year, in a joint letter on Thursday showing mounting impatience with the German carmakers response to the Dieselgate scandal.

Amazon plans $5 billion second headquarters in North America

(Reuters) - Amazon.com Inc said on Thursday it plans to open another headquarters in North America and spend more than $5 billion for its construction and operation.