Category Archives: businessNews

ThyssenKrupp kicks off talks with union on steel merger

ESSEN, Germany (Reuters) – Managers and labour leaders at Germany’s ThyssenKrupp have struck a conciliatory tone as they seek to resolve a dispute over job cuts resulting from a planned merger of its steel operations with those of India’s Tata Steel. Read More

Wall Street stocks end higher in shortened session

NEW YORK (Reuters) – Wall Street closed higher in a half-day session on Friday, led by technology stocks, with Amazon and retail shares getting a boost on signs of a strong start to the U.S. holiday shopping season. Read More at Wall Street

EU banks have cut exposure to Britain since Brexit vote

LONDON (Reuters) – Banks on mainland Europe have cut their exposures to Britain since the Brexit vote last year and are concerned about the legality of cross-border deals once the UK leaves, the European Union’s banking watchdog said on Friday. Read More at