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Facebook CEO hearing fails to win European plaudits

Bloomberg The early critique of Facebook Inc. Chief Executive Officer Mark Zuckerberg’s efforts to restore trust with US lawmakers was mostly positive, with shares bouncing back. Europeans waking up to reports from the five-hour congressional hearing are not as convinced. Senators cross-examined Zuckerberg over the leak of data on 87 million people and signalled they may move to rein in ...

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Unruly German cabinet ready to tackle bulging inbox: Merkel

BERLIN / Reuters We will argue, but we are ready to get on with governing Germany: that was Chancellor Angela Merkel’s take on her new cabinet after a “get to know you” retreat for ministers. Leading ministers from Merkel’s conservative bloc and their Social Democrat (SPD) coalition partners have been sniping at each other since taking office a month ago, ...

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Donald Trump’s Syria tweets shake stocks, boost Treasuries

Bloomberg US stocks fell and Treasuries rose as global financial markets turned cautious amid rising tension in the Middle East and renewed political discord in America. The dollar stayed lower as a key gauge of inflation accelerated. All major equity indexes were lower after President Donald Trump’s provocative comments about Russia and his warning that America’s preparing to attack Syria. ...

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