WASHINGTON (Reuters) - The head of a conservative Republican faction in the U.S. Congress, who voted this month for a huge expansion of the national debt to pay for tax cuts, called himself a "fiscal conservative" on Sunday and urged budget restraint in 2018.
BERLIN (Reuters) - The German government will probably lose a 150 million-euro government-backed loan to insolvent Air Berlin because the European Union opposed Lufthansa's purchase of Air Berlin's Austrian unit, Niki, a senior member of Chancellor Angela Merkel's conservatives said on Sunday.
NAGOYA, Japan (Reuters) - Japan's Mitsubishi Heavy Industries Ltd is on track to deliver its repeatedly delayed commercial jet by mid-2020, the head of its aircraft unit said, despite a risk of an order cancellation.
TOKYO (Reuters) - Japan's Nippon Life Insurance Co [NPNLI.UL], which recently struck a deal to buy about a quarter of U.S. investment firm TCW Group, is scouting for opportunities to buy boutique managers of bonds and alternative assets, its president said.
FRANKFURT (Reuters) - Siemens will test the appetite of sovereign wealth funds ahead of the planned listing of its healthcare unit Healthineers next year, its chief executive told a German weekly, possibly to secure anchor investors for the flotation.
LONDON (Reuters) - Britain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalizing people or helping them to prepare attacks, the country's security minister said.
FRANKFURT (Reuters) - The chief executive of German energy producer Uniper has criticized Finnish suitor Fortum for a lack of clarity about its intentions in a planned 8 billion euro ($9.6 billion) takeover of the company.
ZURICH (Reuters) - Swiss consumer protection organization SKS has filed a claim with the Zurich commercial court on behalf of some 6,000 car owners seeking damages from Volkswagen AG and Swiss car dealer AMAG related to the "Dieselgate" emissions scandal.
FRANKFURT (Reuters) - Deutsche Bank will resume the payment of normal bonuses for 2017, the bank's chief told a German newspaper, and some employees will get raises.
(Reuters) - U.S. stocks are expected to keep rising in 2018 because a massive drop in the corporate tax rate is seen boosting the economy and corporate profits, but strategists say sizable gains could either be short-lived or elusive.