Tuesday , February 20 2018

Siemens to sell Healthineers stake in IPO in first half of 2018

Bloomberg Siemens AG will press ahead with an initial public offering of its health-care unit as CEO Joe Kaeser unloads another key business at Europe’s largest engineering company. The IPO of “a meaningful minority share” in Siemens Healthineers, as the company is known, will be completed in the first half ...

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Biggest risk from US metal import tariffs is retaliation

Bloomberg While US steel and aluminum producers surged after the Commerce Department released its recommendations for restricting imports, a muted reaction among the biggest Asian metals stocks suggests the international impact will be spread thinly—unless US action prompts retaliation from its biggest suppliers. Japan’s top steelmakers, Nippon Steel & Sumitomo ...

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Clapper calls Facebook official’s post that Trump touted ‘false’

Bloomberg Former US Director of National Intelligence James Clapper contradicted a tweet from a Facebook Inc. executive that said swaying the 2016 election wasn’t the main aim of Russian interference outlined in a new indictment. “Clearly the Russians were trying to affect the election,” Clapper, who served under President Barack ...

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Daimler drops as report links software to ‘US emissions tests’

Bloomberg Daimler AG fell after a German newspaper reported US investigators detected software in its Mercedes-Benz diesel cars that might have been designed solely to pass regulatory emissions tests. The vehicle maker developed several software applications that reduce or regulate the application of AdBlue fluid that helps eliminate harmful exhaust ...

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In high-income nations, boom turns to bust for millennials

Bloomberg The income boom enjoyed by people born between 1966 and 1980 has turned to “bust” for the generation that followed them, according to a report published on Monday. In an analysis of eight high-income countries, the Resolution Foundation think tank found that millennials in their early 30s have household ...

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