May 7, 2019

DoubleLine’s Gundlach says new U.S. tariffs on China likely

Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on CNBC on Tuesday that he sees a better than 50% chance that new tariffs will happen. […]
May 7, 2019

China sends top negotiator to U.S. in bid to avert tariff hike

Chinese Vice Premier Liu He will travel to Washington for trade talks on Thursday and Friday, Beijing said on Tuesday, setting up a last-ditch bid to […]
May 7, 2019

UniCredit sells 17 percent stake in online broker FinecoBank

Italy’s biggest bank UniCredit on Tuesday launched the sale of a 17 percent stake in online brokerage business FinecoBank as part of efforts to bolster the […]
May 7, 2019

Iraq close to signing $53 billion deal with Exxon, PetroChina; denies Iran link

Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina, Prime Minister Adel Abdul Mahdi said on Tuesday, denying any […]
May 7, 2019

Iran says it is close to EU oil sales deal despite U.S. sanctions: report

Iranian Foreign Minister Mohammad Javad Zarif told Russian news agency RIA on Tuesday that Iran was close to an oil sales deal with the European Union, […]
May 7, 2019

Ex-Danske CEO Borgen charged over money laundering case -report

Danish prosecutors have charged Thomas Borgen, former chief executive of Danske Bank, over his involvement in one of the world’s biggest money laundering scandals, newspaper Borsen […]
May 7, 2019

Wall Street declines on U.S.-China trade tensions

U.S. stocks posted broad-based declines on Tuesday, led by tariff-sensitive industrial companies, as renewed worries over trade negotiations with China stoked global growth worries and kept […]
May 7, 2019

GM’s Cruise gets $1.15 billion new cash from T. Rowe Price, SoftBank

General Motors Co’s majority-owned Cruise self-driving division on Tuesday said T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, […]
May 7, 2019

Jet Airways pilots’ union asks India’s top court to direct lender to release funds

Jet Airways’ pilots’ union has appealed to India’s top court to direct State Bank Of India (SBI) to release interim funding to try to revive the […]
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