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Exclusive: Bombardier’s Beaudoin seen stepping down as chairman – source

Pierre Beaudoin is expected to step down as executive chairman of Canada's Bombardier Inc in early 2016, according to a source familiar with discussions about the issue, but the company's chief executive dismissed the report. The source, who was not authorized to speak publicly, said the move was still being discussed and it was not clear who would replace Beaudoin, a member of the family that controls the …

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Exclusive: Bombardier’s Beaudoin seen stepping down as chairman – source

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Oil heads for third straight weekly loss as supply weighs

By Karolin Schaps LONDON (Reuters) – Oil edged down on Friday as bearish sentiment driven by oversupply rattled the market and was set to lead prices to a third straight weekly drop, the longest losing streak in four months. Russia, one of the world's top oil producers, said on Friday it was not considering coordinating its output policy with OPEC members, adding the organisation was not exerting

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Oil heads for third straight weekly loss as supply weighs

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Prospects still slim for major global economic pickup

By Ross Finley, Silvio Cascione and Rahul Karunakar LONDON/BRASILIA/BENGALURU (Reuters) – The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. The U.S. Federal Reserve's long-awaited rise in …

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Prospects still slim for major global economic pickup

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Fed to raise rates again in March, follow up with fewer hikes: poll

The U.S. Federal Reserve will raise interest rates again in the next three months, according to two-thirds of economists polled by Reuters, although many say rates won't rise as quickly next year as policymakers have suggested. The Fed hiked rates for the first time in nearly a decade on Dec 16, confident the U.S. economy can …

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Fed to raise rates again in March, follow up with fewer hikes: poll