China unveils retaliatory tariffs on U.S. goods in deepening trade row
China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the...
Volkswagen recalls 679,000 U.S. vehicles that could roll away
Volkswagen AG said Friday it is recalling 679,000 U.S. vehicles sold since 2011 that could roll away because of an electrical issue....
Stock futures turn sharply lower after China threatens tariffs on U.S. goods
U.S. stocks futures fell sharply on Friday after China said it would impose tariffs on about $75 billion worth of U.S. goods....
U.S. fines Deutsche Bank $16 million to settle China, Russia corruption charges
Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated U.S. corruption laws by hiring relatives of foreign government...
Global stocks, dollar climb before Powell’s Jackson Hole speech
World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether...
Stock futures edge higher before Powell speech
U.S. stock index futures edged higher on Friday as investors looked to Federal Reserve Chair Jerome Powell’s speech at a meeting of central bankers in...
SoftBank-backed Oyo, known for budget stays, to rebrand Hooters hotel in Vegas
SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a source with knowledge of the...
Huawei says U.S. curbs to cut smartphone unit’s revenue by over $10 billion
Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though...
Swedish regulator delays Swedbank money-laundering probe report
The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next...
Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source
A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800...