September 20, 2019

Wall Street slumps after China delegates cancel U.S. farm visit

Wall Street’s main indexes dropped sharply on Friday after Chinese agriculture officials who were due to visit U.S. farm states next week canceled their trip to […]
September 20, 2019

Fedspeak in three voices, from recession to bubbles to ‘in a good place’

After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions over the state of the economy and what should be […]
September 20, 2019

Netflix chief says ‘The Crown’ will look a bargain after streaming explosion

Netflix Chief Executive Reed Hastings said on Friday the entrance of Apple, Disney and NBC to the global streaming market will push content costs to levels […]
September 20, 2019

Commerzbank aims to cut jobs, branches after Deutsche merger fails

Commerzbank said on Friday it wanted to shed thousands of staff and close a fifth of its branches in a strategy overhaul, after the German lender’s […]
September 20, 2019

Undeterred, Facebook to press on with Libra launch next year: executive

Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company presses ahead despite […]
September 20, 2019

Alison Rose gets top job at RBS, first woman to lead major UK lender

Royal Bank of Scotland named Alison Rose as its new chief executive on Friday, becoming the first major British lender to appoint a woman to its […]
September 20, 2019

Taiwanese businesses look to India as alternative to China

Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States’ trade war with […]
September 20, 2019

Trump: U.S. is making a lot of progress with China

President Donald Trump told reporters on Friday that the United States is making a lot of progress with China, as two of the world’s biggest economies […]
September 20, 2019

Wall Street edges higher on stimulus efforts, trade hopes

U.S. stocks rose on Friday as an interest rate cut by China’s central bank and signs of co-operation on trade between the world’s two largest economies […]
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