August 13, 2018

Tesla short sellers trim exposure but stay the course

Short sellers betting against Tesla trimmed their exposure to the electric car maker’s stock on Monday after Chief Executive Elon Musk gave new information about his […]
August 13, 2018

Musk says talking to Saudi fund, others on Tesla buyout

Tesla Inc Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia’s sovereign wealth fund and other potential backers of his plan […]
August 13, 2018

Turkey must ensure independence of central bank: Merkel

German Chancellor Angela Merkel urged Turkey on Monday to ensure the independence of its central bank as other senior officials said that Turkey’s economic woes were […]
August 13, 2018

Tourists find silver lining in Turkey’s lira crash

Visitors to Turkey flocked to its high-end shops to snap up bargains on Monday, their purchasing power buoyed by a currency crisis as the country’s lira […]
August 13, 2018

World equities slip on Turkey currency woes

NEW YORK – Turkey’s worsening currency crisis sent world equities lower and cut into the value of emerging market stocks and currencies Monday, while boosting the […]
August 13, 2018

European bank stocks lose more ground as concerns on Turkey spread

Shares in Europe’s major banks lost further ground on Monday, as concerns about Turkey’s deepening currency crisis spread to other emerging markets. Powered by WPeMatico
August 13, 2018

World stocks hit one-month low as Turkish rout spreads

World markets shuddered on Monday, as Turkey’s worsening currency crisis persuaded investors to dump equities and emerging markets and flee to safer assets such as government […]
August 13, 2018

Futures drop on worries about Turkey currency crisis

U.S. stock index futures fell on Monday as a meltdown in Turkish lira weighed on shares of big U.S. lenders and triggered a widespread selloff in […]
August 13, 2018

Turkish lira pulls back from record low, markets rattled

Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut reserve […]
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