NEW YORK: General Motors Co persuaded the U.S. federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect, which has been linked to 124 deaths. In a decision late on Tuesday afternoon, U.S ......
From her home overlooking Setauket Harbor on Long Island's North Shore, a motorboat bobbing at the dock, Stephanie Kelton hopes to revolutionize how the U.S. government manages the economy.
Boeing's chief executive reaffirmed on Wednesday (Aug 7) he expects the 737 MAX will be cleared to return to the skies this year, but reiterated the company could further cut production in case of regulatory delays.
LONDON: Money poured into the world's bond markets on Wednesday as investors shunned riskier assets such as stocks for the relative safety of government debt. Gold, another safe-haven favourite, rose to levels last seen six years ago. Official rate cuts from three central banks, including a ...
U.S. President Donald Trump on Wednesday said his tough stance on China's behavior in global markets would ultimately benefit the American economy, even as Beijing signaled it could strike back by curbing sales of critical chemicals known as rare earths.
Oil prices tumbled up to 5per cent on Wednesday to a fresh seven-month low, extending recent heavy losses following an unexpected build in U.S. crude stockpiles and fears of lower crude demand due to deepening U.S.-China trade tensions.
The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.
The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.
ANKARA: Canada-based Alamos Gold has defended its environmental record at a mining project in western Turkey against a wave of protests, saying it had paid for future reforestation at the site and denying cyanide would leak into the surrounding area. Thousands of Turks and opposition lawmakers ...
Saudi Crown Prince Mohammed Bin Salman is insisting on a US$2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around US$1.5 trillion, industry and banking sources said.
