Coal, solar fall on climate deal

President Trump’s reported decision to pull the U.S. out of the Paris climate pact hurt solar energy shares and – a sector expected to benefit – coal stocks. Fred Katayama reports.

Source: US news

Breakingviews TV: Zuckerberg bound?

A Facebook investor wants the company to have an independent chairman. Jen Saba and Tom Buerkle discuss why the idea is a good one even if boss Mark Zuckerberg seems likely to vote it down.

Source: US news

Misconduct allegations mar Macron's new government

An opinion poll published on Wednesday showed most French voters believe two ministers in President Emmanuel Macron’s government should resign over ethical concerns lodged by the opposition. As Kate King reports, it’s bad timing for Macron who’s promised to clean up corruption in parliament.

Source: US news

Revamped Nokia 3310 back in Finland

A revitalised version of Nokia’s 3310, the world’s most popular phone in 2000, goes on sale again in Finland. Ciara Lee reports on the iconic handset’s comeback amid a smartphone swamped market.

Source: US news

Euro zone inflation slows more than expected

Euro zone inflation eased by more than expected in May, reflecting dips in Germany and Spain among others and supporting European Central Bank policymakers wanting only slow adjustments to rates and monetary stimulus. Ciara Lee reports.

Source: US news

Sterling drops with hung parliament a possibility

Prime Minister Theresa May could lose control of parliament in Britain’s June 8 election, according to a projection by polling company YouGov, raising the prospect of political deadlock just as formal Brexit talks begin. Kate King reports on how such an outcome could impact markets.

Source: US news

Investors cash in as profitable month of May ends, sterling slides

LONDON (Reuters) – Stocks flatlined on Wednesday as investors used the last day of May to protect gains built up in what has been yet another lucrative month, while sterling fell after an opinion poll suggested the ruling Conservatives could lose seats in next week’s UK general election.

Source: Business News