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Treasuries, stocks fall as dollar gains on Yellen

  Bloomberg Treasuries fell, US stocks slipped from records and the dollar rose after Janet Yellen reiterated her view that further tightening is warranted if the economy maintains its growth trajectory. The yield on the 10-year Treasury note added four basis points after the Federal Reserve chair’s testimony that more interest-rate increases will be appropriate if the economy meets the ...

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Global banks said to consider Trump-related risk disclosures

  Bloomberg The world’s biggest banks are poised to warn investors that President Donald Trump has the potential to roil global markets and impact their firms by redrawing regulations and limiting the free movement of employees, according to people familiar with the matter. US and UK banks are considering adding to their risk disclosures or beefing up particular sections in ...

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Rolls-Royce mulls disposal of weaker units

  Bloomberg Rolls-Royce Holdings Plc Chief Executive Officer Warren East said the struggling aircraft-engine manufacturer will deepen costs cuts and restructure or sell the weakest parts of its business after profit dropped by almost half in 2016. While around 80 percent of activities are in ‘a reasonably strong position in an attractive market,’ the rest are on less solid ground ...

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