VW retains access to U.S. public sector contracts, agrees to second monitor at HQ
Volkswagen will not be excluded from public sector contracts in the United States following its emissions scandal but will install a second U.S. monitor at...
Return to capital controls sends Argentina assets tumbling
Argentina’s international dollar bonds hit record lows on Monday while its financial stocks tumbled and risk premia shot up after President Mauricio Macri reimposed capital...
Factories fettered by trade wars, faltering demand in August
The bitter trade war between China and the United States kept global factory activity largely in decline in August, business surveys showed, strengthening the case...
Trade war dents Chinese company profits, portfolio inflows
Some Chinese business sectors reported solid first half earnings, though a substantial fall in industrial profits and in tepid overseas investment inflows into China’s stock...
China aims to rev up shale gas drive, wean itself off imports amid U.S. trade row
China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the security of its energy supply comes...
Global stocks slip as new U.S.-China tariffs sour global outlook
Global stocks dipped on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth,...
Russian court orders seizure of stake in bank in dispute with Baring Vostok
A court in Russia’s Far East ordered the seizure of a stake in Vostochny Bank [VOSEK.UL] held by private equity group Baring Vostok at Vostochny...
Bankers’ exits and zombie accounts: China’s Shanghai free trade zone sputters
When China launched the expansion of the Shanghai free trade zone (FTZ) recently and announced six new zones in July, officials touted the efforts to...
Sanctions choke Iran’s crude sales, but oil product exports booming
While U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic...
VW retains access to U.S. public sector in, gets second monitor at HQ: Handelsblatt
Volkswagen will not be excluded from public sector contracts in the United States but will instead install a second U.S. monitor at its German headquarters,...