China set to post slowest growth in 28 years in 2018, more stimulus seen
Sat, 19 Jan 2019 23:04:25 -0500
China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid…
Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei
Sat, 19 Jan 2019 21:34:58 -0500
A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan , most likely…
EU tax on big digital companies could be struck by March: French minister
Sat, 19 Jan 2019 18:14:48 -0500
A European Union-wide tax on the world's top digital companies could be reached by the end of March, French Finance…
EU must approve Siemens/Alstom deal, says French finance minister
Sat, 19 Jan 2019 18:01:36 -0500
The European Union must approve the tie-up between Germany's Siemens and French group Alstom , said French Finance Minister Bruno…
Exclusive: U.S. demands regular review of China trade reform
Sat, 19 Jan 2019 15:10:53 -0500
The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a…
GM warns workers in Brazil on losses, tough turnaround plan
Sat, 19 Jan 2019 12:36:54 -0500
General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to…
Trump says deal 'could very well happen' with China
Sat, 19 Jan 2019 11:04:51 -0500
U.S. President Donald Trump said on Saturday there has been progress toward a trade deal with China, but denied that…
Qatar emir to attend Beirut's Arab economic summit
Sat, 19 Jan 2019 05:49:33 -0500
Qatar's emir will visit Beirut on Sunday for an Arab economic summit which has been marred by regional rifts and…
Supermarket retailer Casino to sell six stores to rival Leclerc
Sat, 19 Jan 2019 03:47:23 -0500
French supermarket retailer Casino , in the process of divesting assets to cut debts, has agreed to sell six of…
U.S. chipmakers may give clues on China hazard
Sat, 19 Jan 2019 03:36:38 -0500
Intel Corp operates mostly outside the Apple-sphere, and that is exactly why whatever it says next week about business in…
Malaysia court rules in favor of Wynn Macau in $4.2 million case: lawyer
Sat, 19 Jan 2019 00:54:50 -0500
A Malaysian judge on Friday ruled in favor of Wynn Macau in a case against a fund manager who owed…
LJM Partners sues unnamed 'manipulators' it blames for volatility losses
Fri, 18 Jan 2019 21:32:22 -0500
LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars…
Explainer: How U.S.-China talks differ from any other trade deal
Fri, 18 Jan 2019 21:29:45 -0500
The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than…
White House adviser Kudlow says making progress on China trade talks
Fri, 18 Jan 2019 21:29:45 -0500
White House economic adviser Larry Kudlow said on Friday that the United States and China were making progress on trade…
PBGC steps in to oversee Sears' two pension plans
Fri, 18 Jan 2019 21:27:46 -0500
Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp's two pension plans,…
Apple ordered to pull part of press release in Qualcomm case
Fri, 18 Jan 2019 21:27:20 -0500
Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones…
Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit - sources
Fri, 18 Jan 2019 21:26:08 -0500
BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the…
Fed policymakers leave little doubt: Rate hikes can wait
Fri, 18 Jan 2019 18:35:34 -0500
"Patience" is the new mantra at the Federal Reserve, less than two weeks ahead of the U.S. central bank's first…
Fed's Brainard sees mounting negative risks for U.S. economy
Fri, 18 Jan 2019 18:22:42 -0500
Federal Reserve Governor Lael Brainard on Friday became the latest U.S. central banker to worry publicly about rising risks for…
FedEx to take up to $575 million charge as it starts voluntary buyouts
Fri, 18 Jan 2019 17:54:05 -0500
FedEx Corp said on Friday it could take as much as $575 million in charges as it began offering voluntary…