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As Fed reiterates rate pause, forecasts likely to be blown off course

Friday's bo.....»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

U.S. banks" reluctance to lend cash may have caused repo shock: BIS

The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said......»»

Category: topSource: REUTERS4 hr. 59 min. ago Related News

Britain"s Tesco considers Asia exit

Britain's biggest retailer, Tesco , has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations......»»

Category: topSource: REUTERS6 hr. 14 min. ago Related News

Britain"s Tesco reviews Thai, Malaysian business for possible sale

Britain's biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale......»»

Category: topSource: REUTERS8 hr. 44 min. ago Related News

Jeff Bezos says Amazon wants to work more with the Pentagon

Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself......»»

Category: topSource: REUTERS10 hr. 59 min. ago Related News

Japan"s markets watchdog likely to recommend $22 million fine against Nissan: NHK

Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday......»»

Category: topSource: REUTERS12 hr. 29 min. ago Related News

VW"s German plants need to shape up, says production chief

Volkswagen's German plants need to boost efficiency to match overseas operations, production chief Andreas Tostmann was quoted as saying, targeting 2 billion euros ($2.2 billion) in savings by 2023......»»

Category: topSource: REUTERS12 hr. 29 min. ago Related News

China November crude oil imports hit record high as refiners race to use up quotas

China's crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas......»»

Category: topSource: REUTERS13 hr. 59 min. ago Related News

China copper imports hit 13-month high in November on improved factory activity

China's copper imports rose 12.1% in November from the previous month to their highest in more than a year, as an unexpected improvement in the manufacturing sector drove up demand......»»

Category: topSource: REUTERS13 hr. 59 min. ago Related News

China"s November coal imports slump 19% month-on-month on port curbs

China's coal imports plunged 19% in November from the previous month as tighter import rules at ports curbed shipments towards the year's end......»»

Category: topSource: REUTERS16 hr. 29 min. ago Related News

China November iron ore imports down for second month as top miners ship less

China's iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills......»»

Category: topSource: REUTERS16 hr. 29 min. ago Related News

China November exports fall, but import growth hints of recovering demand

China's exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing's stimulus steps are helping to stoke demand......»»

Category: topSource: REUTERS16 hr. 29 min. ago Related News

China"s November trade surplus with U.S. at $24.60 billion vs $26.45 billion in October

China's trade surplus with the United States for November stood at $24.60 billion, Reuters calculation based on Chinese customs data showed on Sunday, easing from the previous month's surplus of $26.45 billion......»»

Category: topSource: REUTERS17 hr. 29 min. ago Related News

China November exports unexpectedly fall, but imports rebound

China's exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute......»»

Category: topSource: REUTERS17 hr. 29 min. ago Related News

China November exports -1.1% year-on-year, imports +0.3% year-on-year

China's exports in November unexpectedly fell 1.1% from a year earlier, customs data showed on Sunday, highlighting persistent headwinds for the country's manufacturers as a protracted trade war with the United States remains unresolved......»»

Category: topSource: REUTERS19 hr. 29 min. ago Related News

Mexico, U.S. draw closer to finalizing USMCA: source

U.S. and Mexican negotiators are "very close" to finalizing the United States-Mexico-Canada Agreement, a Washington-based source familiar with the talks said on Saturday, after a top Mexico official said the two sides had made progress on the trade deal......»»

Category: topSource: REUTERSDec 7th, 2019Related News

Amazon CEO says wants to work more with Pentagon

Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself......»»

Category: topSource: REUTERSDec 7th, 2019Related News

Fiat appeals to Europe"s top court against $33 million EU tax order

Carmaker Fiat Chrysler has lodged an appeal with Europe's top court against an EU order to pay 30 million euros ($33 million) in Luxembourg back-taxes, seeking to overturn a lower tribunal ruling backing EU antitrust regulators......»»

Category: topSource: REUTERSDec 7th, 2019Related News

Mexico, U.S. "getting close" on finalizing USMCA: Mexican official

Mexico's deputy foreign minister for North America, Jesus Seade, said on Saturday that negotiators were making progress on revisions to the United States-Mexico-Canada Agreement (USMCA) trade deal......»»

Category: topSource: REUTERSDec 7th, 2019Related News

Ericsson to pay over $1 billion to resolve U.S. corruption probes

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday......»»

Category: topSource: REUTERSDec 7th, 2019Related News