August 21, 2018

Dollar falls, emerging markets rally after Trump’s Fed attack

The dollar weakened on Tuesday after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates, while global equity markets rose as strong economic […]
August 21, 2018

BHP warns protectionism will stoke U.S. costs

Protectionism will result in higher prices for U.S. citizens, a senior executive at BHP said on Tuesday, adding that the mining company was already seeing the […]
August 21, 2018

Uber hires CFO after lengthy search, paving way for IPO

Uber Technologies Inc [UBER.UL] has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing vacancy and clearing the way for a […]
August 21, 2018

American cuts second U.S.-China flight; cites fuel cost, competition

American Airlines is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier […]
August 21, 2018

Trump’s Fed attack sees dollar dive and emerging markets rally

Critical comments by U.S. President Donald Trump about the country’s central bank saw the dollar fall for the fourth straight day in its worst spell since […]
August 21, 2018

Norway wealth fund allowed to stay on as investor if Tesla goes private

Rules governing Norway’s $1 trillion wealth fund would allow it to stay on as an investor in Tesla if the electric carmaker goes private, its deputy […]
August 21, 2018

Fed’s solo act faces tremors in Turkey and a slower Europe

The U.S. Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit […]
August 21, 2018

U.S. tariffs cast a cloud over Huawei’s solar electronics launch

Huawei Technology Co’s coming U.S. launch of a solar-panel control device is expected to collide with new Trump administration tariffs on Chinese electronics, undermining a product […]
August 21, 2018

Japan’s Daikin, thriving in Asia and India, sets sights on Africa

Daikin Industries, the world’s largest maker of air conditioning equipment, is turning to Africa for further expansion, 10 years after a successful gamble on sharing its […]
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