Trump says he will make a decision on auto tariffs soon
U.S. President Donald Trump on Wednesday said he had been briefed by his administration on the issue of whether to impose tariffs on car and...
Oil is our gold and we aim to use all of it, ADNOC official says
Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a...
London forex trader accuses Citigroup of unfair dismissal
A former top Citigroup trader, who was fired in 2014 but acquitted of foreign exchange-rigging charges after a trial in New York, told a London...
German auto lobby to pick utility manager Hildegard Mueller as president: report
The German carmakers lobby VDA is set to appoint conservative politician and former Innogy board member Hildegard Mueller as president, Berlin daily newspaper Der Tagesspiegel...
Wall Street opens lower on trade worries, Hong Kong unrest
U.S. stocks slipped at open on Wednesday after President Donald Trump threatened to “substantially” raise tariffs if China did not strike a trade deal with...
Rising healthcare costs power U.S. consumer inflation
U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve’s signal...
U.S. consumer prices increase more than expected in October
WASHINGTON, Reuters) – U.S. consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears...
UBS boss Ermotti fears Europe’s banks ‘too small to survive’
UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass...
Futures fall as Trump speech clouds trade deal hopes
U.S. stock index futures fell on Wednesday, a day after the S&P 500 and Nasdaq hit new record highs, as a lack of clarity on...
Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale: sources
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday,...