Norway wealth fund should move more investments from Europe to North America: central bank
Norway’s $1 trillion sovereign wealth fund, the world’s largest, should reduce its exposure to European stock markets and instead invest more in the United States...
Russia’s Rostec unit ready for out-of-court deal with Boeing on 737 MAX order
A unit of Russian conglomerate Rostec said on Tuesday it was ready for an out-of-court settlement with Boeing over its order for 35 Boeing 737...
Ferdinand Piech, architect of VW’s global expansion, dies aged 82
Ferdinand Karl Piech, Volkswagen AG’s former chairman and chief executive, who transformed the German company from a struggling midsized carmaker into a global automotive powerhouse,...
Global stocks eke out gains on flickering trade hopes
Global shares eked out gains on Tuesday as some investors held out hopes for a trade deal between the United States and China, even as...
Uber Eats, Japan convenience store Lawson form delivery tie-up
Uber Eats and Japanese convenience store chain Lawson on Tuesday announced a delivery partnership in central Tokyo, seeking to capitalize on growing demand for quick...
China says it hopes U.S. can create conditions for trade talks
China’s foreign ministry reiterated on Tuesday that it had not heard of any recent telephone call between the United States and China on trade, and...
Oil rises as hopes grow for U.S.-China trade breakthrough
Oil prices rose on Tuesday after U.S. President Donald Trump predicted a trade deal with China after positive comments by Beijing, calming nerves after a...
Britain to make Huawei decision on 5G by the autumn: digital minister
Britain will make a decision on whether to allow China’s Huawei equipment to be used in its 5G networks in the autumn, the digital minister...
Trade talks between Europe, U.S. will be difficult: Germany’s Altmaier
Trade negotiations between the United States and Europe will be difficult but the global economic downturn increases the chances for the parties to reach a...
Asia stocks, bond yields rise on hopes of easing trade war tension
Asian stocks rose in step with their global peers on Tuesday while safe-haven bonds retreated, after U.S. President Donald Trump softened his tone against China...