U.S. consumer inflation expectations rebound from five-year low: NY Fed

U.S. consumer inflation expectations rebound from five-year low: NY Fed
FILE PHOTO: A boy and his father walk through the toy section of Walmart on Black Friday, a day that kicks off the holiday shopping season, in King of Prussia, Pennsylvania, U.S., on November 29, 2019. REUTERS/Sarah Silbiger/File Photo (Reuters) – U.S. consumers’ inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a... Read More

Exclusive: Hyundai’s $1.8 billion shipbuilding deal with Daewoo faces full EU probe – sources

Exclusive: Hyundai’s $1.8 billion shipbuilding deal with Daewoo faces full EU probe – sources
FILE PHOTO: Giant cranes of Hyundai Heavy Industries are seen in Ulsan, South Korea, May 29, 2018. Picture taken on May 29, 2018. REUTERS/Kim Hong-Ji BRUSSELS (Reuters) – World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s (267250.KS) $1.8 billion merger with rival shipbuilder Daewoo (042660.KS) will face a full-scale investigation in Europe due to serious EU antitrust... Read More

Exclusive: Hyundai’s $1.8 billion deal with Daewoo faces EU probe – sources

Exclusive: Hyundai’s $1.8 billion deal with Daewoo faces EU probe – sources
FILE PHOTO: Giant cranes of Hyundai Heavy Industries are seen in Ulsan, South Korea, May 29, 2018. Picture taken on May 29, 2018. REUTERS/Kim Hong-Ji BRUSSELS (Reuters) – World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s (267250.KS) $1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in Europe due to serious EU... Read More

Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims

Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims
FILE PHOTO: Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., November 14, 2018. REUTERS/Terray Sylvester/File Photo (Reuters) – PG&E Corp said www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the settlement of claims from victims of some of most... Read More

Flying cars could lure investors away from ground-based services: survey

Flying cars could lure investors away from ground-based services: survey
(Reuters) – Electric air taxis — known colloquially, if somewhat misleadingly, as “flying cars” — could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Monday. FILE PHOTO: A prototype of an electrical air taxi that takes off and lands vertically (eVTOLs), made by German startup Volocopter, flies during a... Read More