Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month....
Peugeot to start assembling batteries for hybrid, electric cars in Slovakia
French carmaker PSA, owner of the Peugeot, Citroen and DS brands, will start assembling batteries for its hybrid and electric cars at its plant in...
Russian runner suspended for working with banned coach: AIU
Russian runner Artyom Denmukhametov has been provisionally suspended for working with banned coach Vladimir Kazarin, the Athletics Integrity Unit (AIU) said on Friday....
U.S. retail sales rise in May; April revised higher
U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears...
How an Obama Fed appointee is scuttling Wall Street’s bid to ease rules
As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank’s board. Over the past year,...
U.S. farm state senators introduce bill to overhaul biofuel waiver program
Two Midwest senators said Friday they had introduced a bill to reform the Environmental Protection Agency’s biofuel waiver program, which the corn industry says helps...
Norwegian Air expects Boeing 737 MAX fleet to remain grounded until end of August
Norwegian Air expects Boeing’s 737 MAX aircraft to remain grounded until at least the end of August, missing the European summer season, CEO Bjoern Kjos...
Tencent launches video streaming in Thailand, eyes SE Asia expansion
Chinese tech giant Tencent Holdings Ltd launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China....
Motor racing: Toyota commit to WEC and Le Mans post-2020
Le Mans 24 Hours winners Toyota have committed to staying in the World Endurance Championship (WEC) after 2020 when rule changes come into force and...
United States suspends WTO intellectual property litigation against China
The United States has halted a World Trade Organization dispute over China’s treatment of intellectual property rights until Dec. 31, the WTO dispute panel hearing...
