NATO chief says on Huawei: UK review of 5G security is important
The head of the NATO military alliance said on Wednesday that the West could not ignore the rise of China and so it was important...
Oil down as rising U.S. inventories reawaken supply anxiety
Oil prices fell on Wednesday after a rise in crude and fuel stockpiles in the United States revived fears about oversupply and falling fuel demand...
Julius Baer faces investigation over ties to Argentine client: Neue Zuercher Zeitung
Swiss private bank Julius Baer faces investigation by watchdog FINMA over whether it followed correct procedures against money laundering in its ties with a former...
Dollar falls as nerves set in before Fed policy decision
The dollar fell against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond...
Stock rally loses steam as markets wait for Fed
Asia’s stock markets edged up to a fresh three-month high on Wednesday, with the dollar again under pressure but sentiment was largely cautious ahead of...
Exclusive: ECB prepares ‘bad bank’ plan for wave of coronavirus toxic debt – sources
European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of...
Emirates to lay off more pilots, cabin crew on Wednesday, sources say
Emirates, one of the world’s biggest long-haul airlines, will lay off more pilots and cabin crew on Wednesday, sources said, in what would be a...
With crisis response in place, Fed looks to long term
The Federal Reserve completes its latest policy meeting on Wednesday with attention turning from its massive response to the coronavirus pandemic and toward its still-developing...
Oil falls as U.S. inventory rise revives oversupply concerns
Oil prices fell on Wednesday after data showed a rise in crude and fuel stockpiles in the United States, reviving concerns about oversupply and falling...
China factory gate deflation deepens on global demand slump
China’s producer prices fell by the sharpest rate in more than four years, underscoring pressure on the manufacturing sector as the COVID-19 pandemic reduces trade...