September 18, 2019

Explainer: The Fed has a repo problem. What’s that?

As if the U.S. Federal Reserve did not already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside […]
September 18, 2019

Banker tells German court of ‘vast network’ at center of fraud trial

A banker at the center of a trading scheme German prosecutors say resulted in hundreds of millions of euros of illegitimate tax rebates told a court […]
September 18, 2019

Apple spars with EU as $14 billion Irish tax dispute drags on

Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker’s appeal against a $14 billion tax order, in a dispute […]
September 18, 2019

Futures on back foot before Fed policy decision

U.S. stock index futures dipped on Wednesday as investors waited for the Federal Reserve’s decision on interest rates in what has been a rocky week for […]
September 18, 2019

Garments for lease: ‘rental’ apparel brings new wrinkles for retail stores

Lisa Batitto, 54, says she has virtually stopped buying clothes ever since she started renting them. Powered by WPeMatico
September 18, 2019

Lone 737 MAX criss-crossed Canada for pilot checks during grounding

While the world’s Boeing 737 MAX fleet remains grounded after two fatal crashes, a solitary Air Canada plane has been spotted in the skies, shuttling between […]
September 18, 2019

Britain to investigate $5 billion U.S. takeover of defense firm Cobham

Britain will investigate the national security impact of the purchase of defense company Cobham by U.S. private equity firm Advent International, potentially delaying or even blocking […]
September 18, 2019

Explainer: Why Asia’s biggest economies are backing hydrogen fuel cell cars

China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at […]
September 18, 2019

U.S. seeks U.N. action on Saudi attacks despite likely Russian opposition

A senior U.S. official on Tuesday called for a U.N. Security Council response to the attacks on Saudi oil facilities that the United States blames on […]
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