Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to...
S&P 500, Dow hit new highs on rate cut optimism
The S&P 500 and the Dow Jones Industrial Average hit record highs on Friday, as the indexes continued a strong run for the week on...
Partial ECM exit to leave Deutsche Bank focused on Europe
Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in the United...
S&P 500, Dow hit record high at open on hopes of rate cut
The S&P 500 and Dow indexes hit a record high at the open on Friday, after Federal Reserve Chairman Jerome Powell’s dovish remarks this week...
Ford, Volkswagen extend multibillion-dollar alliance to electric, automated cars
Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to...
U.S. producer prices up slightly, point to moderate inflation
U.S. producer prices rose slightly in June as the cost of energy and other goods dropped for a second straight month, resulting in the smallest...
Deutsche Bank to pay Vestia 175 million euros settlement in derivatives suit
Dutch housing cooperation Vestia said on Friday Deutsche Bank would pay it 175 million euros ($197 million) to settle claims the German bank had improperly...
U.S. producer prices rise slightly; cost of goods declines
U.S. producer prices rose slightly in June as the cost of energy and other goods fell for a second straight month, offsetting an acceleration in...
Expectations are low for bank earnings but investors say ‘buy’
Low interest rates and weak trading volume have pushed down Wall Street’s second-quarter estimates for the biggest U.S. banks, yet investors still say they want...
China’s June exports, imports fall as trade war takes heavier toll
China’s exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further weakness in the...