August 10, 2018

Wall Street ends lower as Turkey woes hit banks

U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank shares and triggered a move out of riskier assets. Powered by […]
August 10, 2018

Turkish lira’s free-fall rocks equity markets, euro falls

A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets […]
August 10, 2018

Heineken considers closing Brazilian factories due to court dispute

Heineken NV , the world’s second-largest beer maker, is considering closing two factories in northeastern Brazil as “an extreme measure” after a court ordered the company […]
August 10, 2018

Emirates Airlines expects single-digit U.S. capacity rise in 2018: executive

Emirates Airline [EMIRA.UL] expects a single-digit percentage rise in its U.S. capacity in 2018, as the market rebounds after travel restrictions imposed by the Trump Administration […]
August 10, 2018

Doug Field, former Tesla engineering chief, returns to Apple

Doug Field, who stepped down as the senior vice president of engineering at Tesla Inc last month, is returning to Apple Inc , Apple told Reuters […]
August 10, 2018

Turkey turmoil rattles Wall St., banks take a knock

U.S stocks fell on Friday as a deepening crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global economies. […]
August 10, 2018

BMW delays Chinese deliveries of X4 vehicles to fix brake issue

German carmaker BMW on Friday said around 400 BMW X4 vehicles, built in Spartanburg South Carolina, are being withheld from delivery to Chinese customers until a […]
August 10, 2018

Ryanair strike hits 55,000 passengers across Europe

Ryanair endured its worst one-day strike on Friday after a walk-out by pilots in five European countries disrupted the plans of an estimated 55,000 travelers with […]
August 10, 2018

Tesla short-sellers back in force as shares remain shaky

The number of Tesla Inc shares sold short has rebounded and are now higher than before CEO Elon Musk proposed on Tuesday taking the electric car […]
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