Today’s Issue Cluster: Garments
EU – Hotel chains aim small to net millennials
Drones – FAA plans new steps to speed up commercial use
Nuclear – German taxpayers at risk of big exit bill
EZ – Mar: Consumer Confidence Strongest Since 2007; -3.7 from -6.7 / WSJ *
US – Feb: Existing home sales rise marginally; +1.2% / R / AP *
Currencies – Torrent of Cash Exits Eurozone WSJ / WSJ
Central Banks are shedding their euros… *
…and the share of total reserves in euros has fallen back from its peak of nearly 28% in 2009… *
…meanwhile, cash is flowing out of eurozone debt faster than it is flowing into stocks. *
Currencies – Stronger dollar weighs on US investment sentiment FT
Currencies – Strong Dollar Hammers Profits at US Multinationals WSJ * *
Currencies – Transatlantic divergence FT * * *
UK – Exchange rates put squeeze on business FT *
Spain – Low oil prices and weak euro boost recovery FT * *
Spain – Socialists Win in Spain’s Andalusia NYT / WSJ
Spain – New Leftist Party Faces First Election WSJ / FT * *
France – Socialists come third in local elections FT / NYT / WSJ
France – Euroskeptic National Front Party Broadens Support WSJ *
Fed – Low Inflation Argues for Patience WSJ *
Fed – CPI vs. PCE: Untangling Inflation Gauges WSJ *
EU – Bad Banks Cash In On Investor Demand WSJ
EU – Hotel chains aim small to net millennials R *
EU – Eurozone Wage Growth Slows WSJ / b *
EU – Boasts debunked as France gets last laugh over UK on productivity FT * * * *
Drones – FAA plans new steps to speed up commercial use R / NYT
Drones – Technical Hurdles Delay Deliveries WSJ / R *
Garments – Feud threatens world’s factory N
Garments – Alliance Sets Plan to Finance Bangladesh Factory Upgrades WSJ
Garments – Vietnam emerges as next big factory floor N
Garments – Cambodia: As worker wages rise, companies seek cheaper pastures N *
PCs – Long-term shipments seen declining worse than expected IBD *
AVs – Google’s Self-Driving Cars Hit Regulatory Traffic WSJ
AVs – Musk tempers autonomous driving claims FT / NYT
AVs – As Driverless Car Rivalry Emerges, Mobileye Bulls Counter B
AVs – Self-Braking Cars Are Safer, but Do They Boost MPG? WSJ *
Cocoa – Potential for Bumper Crop Keeps Pressure on WSJ
Tea – Young Americans shift FT *
Sugar – Glut, Sliding Real, Hurt Asian Producers WSJ *
Nuclear – German taxpayers at risk of big exit bill R *
Nuclear – Germany’s Costs Trigger Fears WSJ *
Pharma – Apple and Google stake a claim FT *
Pharma – Unfamiliar Biosimilar Threat WSJ *
Pharma – Sector hails ‘sea change’ in heart disease treatment FT / NYT / WSJ
Colors of the most powerful left-wing parties of Europe reddit *