March 27, 2019

Ford to leave Russian car market, cede control in joint venture

Ford Motor Co’s Russian joint venture Ford Sollers will close two assembly plants and an engine factory in Russia, exiting the country’s passenger vehicle market, resulting […]
March 27, 2019

Wall Street treads water as global growth fears prevail

Wall Street’s main indexes treaded water on Wednesday as global growth fears lingered and the U.S. yield curve extended an inversion, prompting investors to stay on […]
March 27, 2019

Soybean exports help to shrink U.S. trade deficit in January

The U.S. trade deficit narrowed by the most in 10 months in January likely as China boosted purchases of soybeans, leading to a rebound in exports […]
March 27, 2019

Commerzbank cuts management pay in contrast with Deutsche Bank

Commerzbank’s chief executive’s pay fell by 32 percent in 2018, in sharp contrast to hefty rises for top management at its potential merger partner Deutsche Bank. […]
March 27, 2019

Size matters, Deutsche Bank’s chairman says amid merger talks

Deutsche Bank’s challenge may be that it is too small to reap the benefits of scale, the lender’s supervisory board chairman said on Wednesday, a week […]
March 27, 2019

Toyota sees slower sales growth in South America, Caribbean in 2019: executive

(The 26 March story corrects paragraphs 1 & 2 to reflect forecast of 2.3 pct sales growth to 451,000 vehicles in 2019, not 0.9 pct sales […]
March 27, 2019

Exclusive: Told U.S. security at risk, Chinese firm seeks to sell Grindr dating app

Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a […]
March 27, 2019

China’s ZTE Corp lost $1 billion in 2018, despite last quarter rebound

China’s ZTE Corp made a net profit of 276 million yuan in the fourth-quarter as it recovered from costly U.S. sanctions which dragged it to an […]
March 27, 2019

Futures edge lower as growth worries linger

U.S. stock index futures edged lower on Wednesday, as investors continued to be gripped by global growth fears and an inverted yield curve that weighed on […]
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