| | | Stocks lose steam at end of solid month; British pound slips | | | NEW YORK (Reuters) - Major stock markets around the globe ended a solid May on a weak note on Wednesday, while the British pound fell as conflicting poll results stoked worries whether the ruling Conservatives could lose seats in next week's UK general election. |
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| | | Volkswagen woos BMW, Mercedes buyers in new upmarket push | | | HANOVER, Germany (Reuters) - Volkswagen's troubled mass-market brand is pushing upmarket again with a new flagship model a year after ceasing the flopped Phaeton luxury saloon in a bid to lift margins and revive its post-dieselgate image. |
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| | | Bank of America CEO talks down second-quarter expectations | | | (Reuters) - Bank of America Corp second-quarter earnings will be hurt by a drop in trading revenue, lower-than-expected interest rates and the sale or shuttering of certain assets, according to comments from Chief Executive Brian Moynihan on Wednesday. |
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| | | U.S. bank shares decline on trading revenue concerns | | | (Reuters) - Shares in U.S. banks fell on Wednesday, with the S&P 500 bank index hitting its lowest level since late 2016, after JPMorgan Chase and Bank of America Corp warned of revenue weakness in the current quarter. |
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