Dollar firm after U.S. retail sales jump, risk currencies softer
The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May,...
Oil slumps as U.S. crude stocks build amid virus resurgence fears
Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second...
Asian business sentiment plunges to record low on virus effect: Thomson Reuters/INSEAD survey
Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms...
Dollar firm after retail sales jump fans recovery hopes
The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May, while risk-sensitive currencies...
Asian stocks set to rise as drug trials, data push Wall Street higher
Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and...
Senate bill aims to improve aircraft certification after 737 MAX crashes
U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co 737 MAX crashes, though a victim’s father...
Transparency needed to restore trust after 737 MAX crashes: FAA chief
U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the...
Bayer scraps U.S. plans to produce crop chemical blocked by court
Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the...
Tesla signs three-year pricing deal with battery cell maker Panasonic
Tesla Inc has signed a three-year pricing deal with Japan’s Panasonic Corp relating to the manufacture and supply of lithium-ion battery cells at the Gigafactory...
U.S. calls bid by men to avoid extradition over ex-Nissan boss Ghosn’s escape ‘flawed’
U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee...