Volkswagen discussing Turkish car tax as it seeks deal on plant: sources
German carmaker Volkswagen is holding talks with officials in Ankara over Turkey’s vehicle tax regime as it seeks to conclude a 1-billion euro investment to...
Exclusive: EU regulators to approve $2.6 billion Novelis, Aleris deal – sources
EU antitrust regulators will clear Novelis’ $2.6 billion takeover of Aleris after the U.S. aluminum producer pledged a far-ranging set of concessions, people familiar with...
Argentine peso gets knocked lower, country risk soars as government eyes debt ‘reprofiling’
Argentina’s peso slumped on Thursday and its country risk soared to levels not seen since 2005 after the government announced plans to “reprofile” about $100...
Tech boosts Wall Street after China trade comments
A rise in technology shares lifted Wall Street on Thursday, as China sounded hopeful of a resolution to the long-standing trade dispute with the United...
Best Buy’s sales forecast falls short as tariffs loom
Best Buy Co Inc blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior for a lower annual sales forecast, becoming the...
Exclusive: India to woo foreign firms like Apple to capitalize on US-China trade war
India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift business out of trade war-hit...
China trade comments boost Wall Street at open
U.S. stocks opened sharply higher on Thursday, as China sounded hopeful of a resolution to the long-standing trade dispute with the United States, allaying investor...
U.S. economy slows in second quarter; consumer spending robust
The U.S. economy slowed in the second quarter, but the strongest growth in consumer spending in 4-1/2 years amid a strong labor market could further...
Wall Street set for gains after Chinese trade comments
Wall Street was set to open sharply higher on Thursday, as China sounded hopeful of a resolution to the long-standing trade dispute with the United...
U.S. second-quarter GDP growth revised to 2.0%
The U.S. economy slowed a bit more than initially thought in the second quarter as the strongest growth in consumer spending in 4-1/2 years was...