Asia stocks rise, dollar sags as Fed chair sets stage for rate cut
Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this...
Last Volkswagen Beetle drives into the sunset
Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through...
Europe should brace for U.S. tariffs on several fronts: German official
European Union member states should brace for U.S. tariffs on several fronts in the months ahead, a senior German official warned late on Tuesday, just...
Ryanair sees risk to 2020 growth if 737 MAX grounded beyond November
The boss of Europe’s Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co’s 737 MAX on the airline’s growth plans...
U.S. to probe French plan to tax tech companies
U.S. President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a probe that could lead to the United States...
IBM proposes changes to law shielding internet firms from user content liability
International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms....
U.S. Fed policy-makers debate merit of a repo facility
Federal Reserve officials argued the pros and cons of a possible policy tool that allows banks to borrow from the U.S. central bank using Treasuries...
Powell testimony, Fed meeting highlight case for ‘insurance’
A confidence shock driven partly by the U.S. trade war is at the center of an increasingly persuasive argument for Federal Reserve policymakers seriously considering...
Ryanair says Boeing eyes MAX flights by October, cites 2020 growth risk
Ryanair may have to trim plans to grow its capacity in the summer of 2020 if the grounded 737 MAX is not flying again by...
U.S. oil companies slash Gulf of Mexico production as storm bears down
U.S. oil producers on Wednesday cut nearly a third of Gulf of Mexico crude output as what could be one of the first major storms...