Airbus, Bombardier and Kobe Steel - This is What You Need to Know on Tuesday
European stocks open mixed on Tuesday as investors shift focus to rising commodity prices in the reignited global reflation trade and prepare for a key reading on consumer prices in the United Kingdom.
Bank of England Governor Mark Carney is slated to speak to U.K. lawmakers on parliament's Treasury Select Committee later in the morning.
Airbus SE ( (EADSY) ) will take a majority stake in Bombardier Inc's ( (BDRBF) ) C-Series jetliner division, the group said late Monday in Paris, as the Canadian group continues to grapple with the United States over accusations of unfair state support from the Canadian government.
Kobe Steel Ltd ( (KBSTY) ) said Tuesday that the U.S. Department of Justice has requested documents related to its ongoing data falsification scandal that reports indicate may have begun more than a decade ago.
Early indications from U.S. equity futures prices suggest another record-setting day for Wall Street, with gains expected for both the Dow Jones Industrial Average, which is called 8 points higher, and the S&P 500, which is expected to bump modestly at the opening bell.
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