U.S. shares falter, investors await U.S.-China trade deal
NEW YORK (Reuters) – U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to need some convincing the United States and China would reach…
Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now and that he sees no…
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) – Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters,…
Honda to close UK car plant with the loss of 3,500 jobs
LONDON (Reuters) – Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters,…
Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade,…
Analyst View: Investors divided over Mexico’s bailout of state oil company
MEXICO CITY (Reuters) – The Mexican government promised on Friday to do what it takes to strengthen the finances of ailing state oil company Petroleos Mexicanos with an injection of…
No evidence that Fed’s balance sheet is behind market swings: Mester
FILE PHOTO: Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015. REUTERS/Lucas Jackson…
Fed to finalize plans to end balance sheet runoff ‘at coming meetings’: Mester
FILE PHOTO: Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York, U.S., August 15, 2017. REUTERS/Shannon Stapleton CINCINNATI (Reuters) – The…
Venezuela turns to India as sanctions cut oil flow to U.S., Europe
HOUSTON/MEXICO CITY/MOSCOW (Reuters) – Venezuela’s oil exports have tapered off and shifted toward India since new U.S. sanctions began Jan. 28 as state-run oil company PDVSA seeks to replace deliveries…
Asian stocks subdued, focus on new round of Sino-U.S. talks
TOKYO (Reuters) – Asian shares barely budged on Tuesday with investors looking to a new round of Sino-U.S. trade talks as the world’s two largest economies try to resolve a…