June 4, 2019

Wall Street soars on U.S. rate cut hopes

Wall Street’s three major indexes rallied on Tuesday to clock their biggest one-day gains in five months after Federal Reserve Chair Jerome Powell left the door […]
June 4, 2019

FCA-Renault deal talks navigate French political hurdles

Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters, as talks on the $35 billion tie-up plan […]
June 4, 2019

Trump says tariffs on Mexico likely, decries migrant ‘onslaught’

President Donald Trump on Tuesday said he would probably defy Mexico, U.S. business groups and lawmakers from his own party and impose new tariffs on all […]
June 4, 2019

As U.S. tariff deadline on Mexican goods looms, Pence to host talks on Wednesday

U.S. Vice President Mike Pence will host Mexican leaders at the White House on Wednesday for talks aimed at pressuring authorities to clamp down on migrants […]
June 4, 2019

Departures at South African state firms could drag out Ramaphosa’s reforms

President Cyril Ramaphosa’s mission to fix two of South Africa’s most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than […]
June 4, 2019

Trump trade war may push Fed closer to rate cut it resisted

U.S. President Donald Trump may finally get the rate cut he has been demanding, but for the wrong reasons, as top Federal Reserve officials began warning […]
June 4, 2019

Trump says Republicans would be ‘foolish’ to block Mexican tariffs

U.S. President Donald Trump on Tuesday warned fellow Republicans in Congress not to block his efforts to impose tariffs on Mexico as part of his broader […]
June 4, 2019

Automakers say Trump’s threatened Mexico tariffs would cost billions

Toyota Motor Corp said on Tuesday that U.S. President Donald Trump’s proposal to slap tariffs on Mexican-made goods could cost its major suppliers $1 billion, highlighting […]
June 4, 2019

Auto industry starts counting cost of Trump’s threatened Mexico tariffs

Major automakers are assessing the cost of tariffs that U.S. President Donald Trump has threatened for Mexican imports, both to themselves and their supply chain, with […]
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