Trade war worries drag world stocks lower, yuan steadies
LONDON (Reuters) – World stocks were dragged lower on Wednesday by growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan rebounded…
Exclusive: Tesla hits Model 3 manufacturing milestone, hours after deadline – factory sources
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly…
U.S. Supreme Court backs American Express in merchant fee dispute
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday sided with American Express Co and against 11 states, ruling that the company’s policy of forbidding merchants from encouraging customers to…
UK ministers take aim at business over Brexit warnings
LONDON (Reuters) – The British government and business leaders clashed in a deepening row over Brexit on Sunday after a senior minister accused companies of issuing “completely inappropriate” threats and…
Select few emerging Asian economies comfortable with Fed hikes
HONG KONG (Reuters) – Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve’s hawkishness could also bring cheer…
Italy’s euroskeptics and their currency ideas take center-stage
ROME (Reuters) – If Italy leaves the euro, it will be late on a Friday night. FILE PHOTO: A two Euro coin is seen in this picture illustration taken in…
Russia’s VTB Bank says no longer lending to Deripaska: CNBC
MOSCOW (Reuters) – VTB (VTBR.MM), Russia’s second-largest bank, has stopped lending to sanctioned Russian metals tycoon Oleg Deripaska, VTB’s President Andrei Kostin told CNBC in an interview released on Wednesday.…
Apple pays Ireland first tranche of disputed taxes
DUBLIN (Reuters) – Apple has paid 1.5 billion euros ($1.18 billion) into an escrow account set up by the Irish government to hold 13 billion euros ($16 billion) in disputed…
Dollar and oil pause ascent, bonds and gold lick wounds
LONDON (Reuters) – Calm returned to world markets on Friday after a rollercoaster week that has seen oil break $80 a barrel, government borrowing costs jump and emerging markets battered…
Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to grind upwards as oil prices hit their highest since 2014…