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Superheroes and a king may set movie records for Disney this summer
The final chapter in a decade-long superhero saga and the remake of a big-screen classic could topple box-office records during a summer movie season expected to be dominated by Walt Disney Co. Press Release Distribution Service
Netflix, streaming services win Oscars cinema rule battle
In a win for Netflix, Amazon and other internet streaming services, the Academy of Motion Picture Arts and Sciences has voted not to change its rules for winning an Oscar, Hollywood’s top prize. Press Release Distribution Service
World Bank’s new president skips China’s Belt and Road for Africa trip
Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China’s second Belt and Road infrastructure summit, but the World Bank’s new president is not among them. Press Release Distribution Service
Europe wants to deal with China as a group: German minister
Major European Union countries want to deal with China as a group rather than sign bilateral agreements as individual states, German Economy Minister Peter Altmaier said on Friday, attending a summit in Beijing on China’s Belt and Road plan. Press Release Distribution Service
Take Five: Dollar darling. World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. Press Release Distribution Service
Good news from China could boost materials shares
Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies. Press Release Distribution Service
Brazil’s Petrobras details refinery, other asset sale plans
Brazil’s state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business. Press Release Distribution Service
S&P, Nasdaq notch record closes from GDP, earnings boost
A surprisingly strong report card on the U.S. economy helped power the benchmark S&P 500 and Nasdaq Composite indexes to record high closes on Friday, capping a week of gains for stocks that came largely on the back of resilient corporate profits. Press Release Distribution Service
Shareholders rebuke Bayer bosses over Monsanto-linked stock rout
Bayer shareholders on Friday cast a vote of disapproval of the German drugmaker’s top management amid anger over a stock price slump as litigation risks mount from the $63 billion takeover of seed maker Monsanto. Press Release Distribution Service
Bayer says non-executive directors back management board
Bayer said on Saturday its non-executive supervisory board unanimously expressed its confidence in the board of management, which was given a vote of disapproval from shareholders at Friday’s annual general meeting. Press Release Distribution Service