Investors piled into U.S. Treasuries, money-market funds amid trade tensions: Lipper
Investors’ aversion to risk-taking intensified in the latest week, stemming from trade tensions between the United States and China as well as Mexico, with U.S.-based...
Prosecutors suspect 70 Deutsche Bank managers in dividend tax probe: paper
German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects,...
Wall Street muted as rate cut bets temper trade tensions
Wall Street’s main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare...
U.S. holds out for more from Mexico in talks over tariffs, border
Mexican and U.S. officials resumed talks on trade and migration on Thursday, with the Trump administration resisting calls from U.S. businesses and some Republican lawmakers...
U.S. yield curve flattens after ECB move; stocks inch up
The U.S. Treasury yield curve flattened on Thursday as the European Central Bank committed to leaving interest rates steady into the first half of 2020,...
Ford to close engine plant in Wales in latest blow to UK car sector
Ford said it would close its plant in Bridgend, south Wales next year because of falling demand for some of its engines, putting 1,700 jobs...
Trump to decide on $300 billion China tariffs after G20 meeting
U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300...
U.S. trade deficit shrinks on weak imports, exports
The U.S. trade deficit unexpectedly narrowed in April as imports and exports tumbled, leading economists to warn that the Trump administration’s “America First” agenda was...
Wall Street subdued as rate cut bets temper trade tensions
U.S. stocks eked out gains in choppy trading on Thursday, as hopes of an interest rate cut outweighed fears of a flare up in U.S.-China...
Beyond Meat’s home in the meat aisle sparks food fight
In a bid to directly compete with ground beef and pork sausage, Beyond Meat Inc bills itself the world’s first plant-based burger sold in the...