July 10, 2019

Europe should brace for U.S. tariffs on several fronts: German official

European Union member states should brace for U.S. tariffs on several fronts in the months ahead, a senior German official warned late on Tuesday, just hours […]
July 10, 2019

Ryanair sees risk to 2020 growth if 737 MAX grounded beyond November

The boss of Europe’s Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co’s 737 MAX on the airline’s growth plans may […]
July 10, 2019

Powell testimony, Fed meeting highlight case for ‘insurance’

A confidence shock driven partly by the U.S. trade war is at the center of an increasingly persuasive argument for Federal Reserve policymakers seriously considering cutting […]
July 10, 2019

U.S. oil companies slash Gulf of Mexico production as storm bears down

U.S. oil producers on Wednesday cut nearly a third of Gulf of Mexico crude output as what could be one of the first major storms of […]
July 10, 2019

U.S. to probe French plan to tax tech companies

U.S. President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a probe that could lead to the United States imposing […]
July 10, 2019

IBM proposes changes to law shielding internet firms from user content liability

International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms. Powered by […]
July 10, 2019

U.S. Fed policy-makers debate merit of a repo facility

Federal Reserve officials argued the pros and cons of a possible policy tool that allows banks to borrow from the U.S. central bank using Treasuries and […]
July 10, 2019

Wall Street touches new highs after comments by Fed’s Powell

U.S. stocks ended higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman […]
July 10, 2019

U.S. to probe French plan to tax tech companies: source

U.S. President Donald Trump will order an investigation into France’s planned tax on technology companies that could potentially lead to the United States imposing new tariffs […]
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