April 11, 2019

Volkswagen eyes big stake in China partner JAC, taps Goldman: sources

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser […]
April 11, 2019

PG&E in talks with BlueMountain to possibly expand board: sources

California utility owner PG&E Corp is exploring expanding its board as it navigates bankruptcy proceedings in an effort to potentially settle an ongoing battle with shareholder […]
April 11, 2019

Oil prices dip on surging U.S. crude stockpiles

Oil prices fell on Thursday after U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production. Powered by WPeMatico
April 11, 2019

Asian shares pause near eight-month high, dollar weakens

Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest rates will stay lower for longer after a dovish […]
April 11, 2019

U.S., China agree to establish trade deal enforcement offices: Mnuchin

The United States and China have largely agreed on a mechanism to police any trade agreement they reach, including establishing new “enforcement offices,” U.S. Treasury Secretary […]
April 10, 2019

U.S. lawmakers grill bank CEOs on social issues

Chief executives of some of the largest U.S. banks faced off with the House Financial Services committee for the first time since the financial crisis on […]
April 10, 2019

Factbox: Big bank CEOs face the heat over pay disparity at Capitol Hill

Chief executive officers of some of America’s largest banks, including JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc, on Wednesday testified before Congress, […]
April 10, 2019

Wall Street ekes out gains as investors shrug off Fed minutes

Technology stocks led Wall Street slightly higher on Wednesday, as U.S. inflation data proved to be benign and the minutes from the Federal Reserve’s March meeting […]
April 10, 2019

Stocks, euro inch higher on ECB stance

The euro rose and world stock markets edged higher on Wednesday amid tame U.S. inflation data and as the European Central Bank left its ultra-easy policy […]
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