Fed’s slipstream leaves stocks beaming, dollar subdued
Global stocks gained for a third straight day on Wednesday, bolstered by investors’ growing hopes that the Federal Reserve might cut interest rates this year...
Column: Ex-heads of U.S. Social Security Administration offer plan to fix agency’s customer service
A worsening customer service crisis at the Social Security Administration has prompted three of its former commissioners to urge the U.S. Congress to fix the...
Mexican officials to meet Pence in last-ditch talks to avert tariffs
Mexican officials will seek to persuade the White House in talks hosted by U.S. Vice President Mike Pence on Wednesday that their government has done...
BMW and Jaguar Land Rover to jointly develop electric car parts
BMW and Jaguar Land Rover on Wednesday said they will jointly develop electric motors, transmissions and power electronics, unveiling yet another industry alliance designed to...
Wells Fargo to donate $1 billion toward affordable housing by 2025
Wells Fargo & Co said on Wednesday it will narrow the focus of its philanthropy toward three causes including affordable housing and will donate $1...
BMW and Jaguar Land Rover to jointly develop electric car components
BMW on Wednesday said it will develop its next-generation electric motors, transmission and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed...
No need to rush Renault-Fiat merger talks: French finance minister
French Finance Minister Bruno Le Maire said there was no need to rush regarding merger talks between carmakers Renault and Fiat Chrysler, while reiterating that...
FCA-Renault deal talks navigate French political hurdles
Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters, as talks on the $35 billion tie-up...
China’s importers apply for tariff waivers on U.S. goods
Chinese importers are preparing applications for waivers on import tariffs levied on more than 700 U.S. goods in the Sino-U.S trade war, after the Ministry...
Fed cheer lifts Asian shares, leaves dollar on back foot
Asian shares advanced on Wednesday after comments from Federal Reserve officials suggested a U.S. rate cut this year was on the cards, boosting investor sentiment...