September 5, 2019

Trump administration unveils Fannie, Freddie overhaul, urges Congress to act

The U.S. Treasury on Thursday said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae and Freddie Mac, while calling on […]
September 5, 2019

Big Oil undermines U.N. climate goals with $50 billion of new projects: report

Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate […]
September 5, 2019

Explainer: U.S., China more divided than ever as new trade talks loom

Senior U.S. and Chinese officials have pledged to meet in October to settle their ongoing trade war but a lasting peace seems more elusive than ever. […]
September 5, 2019

Argentina opposition front-runner strikes populist tone in Madrid, markets hold steady

Argentina’s likely next president, opposition front-runner Alberto Fernandez, laid out his populist credentials during a visit to Madrid on Thursday, saying local Argentine interests would trump […]
September 5, 2019

What trade fears? Wall Street is back in rally mode

U.S. stocks surged on Thursday on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong […]
September 5, 2019

Stocks rally, Treasury yields rise on easing trade fears

U.S. stocks followed worldwide equities to one-month highs and Treasury yields rose sharply on Thursday as renewed U.S.-China trade optimism and upbeat U.S. economic data stoked […]
September 5, 2019

Exclusive: Mexico moves to launch world’s largest oil hedge program – sources

Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, […]
September 5, 2019

Walgreens changes firearm policy, joining Kroger and Walmart

Walgreens Boots Alliance Inc said on Thursday it would start asking customers to no longer carry firearms in its stores, joining Walmart Inc and Kroger Co […]
September 5, 2019

Peugeot, Dongfeng agree to restructuring plan for Chinese venture

Peugeot automaker PSA Group and its Chinese partner Dongfeng Group have hammered out a plan to restructure their joint venture operations, slashing costs in the short […]
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