The European Commission has drawn up a list of U.S. imports worth around 20 billion euros (US$22.6 billion) that it could hit with tariffs over a transatlantic aircraft subsidy dispute, EU diplomats said.
LONDON: Global economic growth is slowing, according to the International Monetary Fund, policymakers and hundreds of economists polled by Reuters: but that downturn is coming at a time when central banks' arsenals are running on empty. On Tuesday, the IMF cut its expectations for world growth to ...
The European Commission said on Friday it had approved Japanese firm Nidec's planned purchase of U.S. white goods maker Whirlpool Corp's compressor subsidiary Embraco, subject to conditions.
Mexican government and business leaders will meet with their U.S. counterparts for a second straight day on Friday, seeking to push for ratification of a trade deal, do away with border delays that are hurting exporters, and discuss metals tariffs.
Beijing needs to demonstrate greater resolve in policing illicit deals along the Belt and Road, says SUSS’ Dr Yew Chiew Ping.
The U.S. National Highway Traffic Safety Administration has opened a probe into potential unintended braking in 675,000 2017-2018 Nissan Motor Co Ltd Rogue vehicles, the agency said in a statement on Friday.
KUALA LUMPUR: Malaysian budget carrier Firefly said on Friday (Apr 12) that it will resume flights to Singapore with two trips a day. The move comes after Malaysia suspended its permanent Restricted Area over Pasir Gudang indefinitely, while Singapore withdrew the Instrument Landing ...
JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday, as higher interest income and gains in the bank's advisory and debt underwriting business offset weakness in trading.
Asian shares were flat and U.S. Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger U.S. economic data helped offset some concerns about global growth.
REUTERS: Wells Fargo & Co reported a 16.4 percent jump in quarterly profit on Friday, as the lender reaped the benefits of its aggressive cost-cutting efforts. Noninterest expenses fell 7.5 percent to US$13.9 billion in the first quarter from a year earlier. The bank said it was on track...
