White House says ‘no recession in sight’ despite market turmoil
White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile...
U.S. whiskey exporters struggle after year of EU tariffs
When Europe’s tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European...
Ferrari will expand its lineup of road cars, but not too much
Italian premium sports car maker Ferrari NV will expand sales of easier-driving grand touring cars, but will not try to chase rival Porsche’s annual sales...
Last orders: Rise of closing auctions stirs worries in European stock markets
The final five minutes of trading have become the busiest time of day for stock market traders in Europe....
Argentina Treasury minister resigns, says ‘significant renewal’ needed amid economic crisis
Argentina’s Treasury Minister Nicolas Dujovne has resigned, saying in a letter seen by Reuters on Saturday he believed the government needed “significant renewal” in its...
Sainsbury’s says not talking to internal candidates for CEO succession
Sainsbury’s is not talking to internal candidates about succession plans to Chief Executive Officer Mike Coupe and he has the full support of company’s shareholders...
SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ
Japan’s SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its...
Standard Chartered faces fine for sanctions breaches: Sky News
Banking group Standard Chartered is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday....
Standard Chartered faces fine in coming weeks for sanctions breaches: Sky News
Standard Chartered PLC is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday....
Exclusive: U.S. to extend Huawei’s partial reprieve on supply curbs – sources
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies...