Exclusive: U.S. helps Mastercard, Visa score victory in Indonesia in global lobbying effort
U.S. trade officials, at the request of card networks Mastercard and Visa , convinced Indonesia late last year to loosen rules governing its new domestic payment network, according to Indonesian government and industry sources, and emails reviewed by …
Asia stocks pull ahead in cautious trade as focus shifts to U.S. payrolls
Asian stocks edged up on Friday, thanks to gains on Wall Street, but signs of widening cracks in the global economy curbed risk appetite as markets looked to a key U.S. job report that could determine whether the Federal Reserve cuts rates further.
U.S. Pompeo says will talk to EU over tariffs – La Stampa
The United States will talk to the European Union before adopting its trade tariffs on European goods, the U.S. Secretary of State Mike Pompeo said in a video interview posted on daily La Stampa website on Friday.
UK says will fly back 4,500 people on Friday after Thomas Cook failure
Britain’s Civil Aviation Authority (CAA) said it plans to fly 26 flights on Friday to bring another 4,500 people back to the country after the collapse of travel firm Thomas Cook.
EU will respond to U.S. tariffs with its own measures: Germany’s Maas
The European Union will take retaliatory measures in response to new U.S. tariffs on European goods, Germany’s foreign minister, Heiko Maas, told newspapers in remarks published on Friday.
Oil climbs but still set for big weekly loss over demand worries
Oil futures were higher ahead of the weekend but remained on track for large weekly losses on fears that slower global economic growth will hurt fuel demand, even as Saudi Arabia said it has fully restored oil output after recent attacks.
Moderate U.S. job growth expected in September
U.S. job growth likely picked up in September, with wages increasing solidly, which could assuage financial market concerns that the slowing economy was teetering on the brink of a recession amid lingering trade tensions.
SoftBank’s plans for second mega-fund hit by WeWork debacle
SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in the wake of the failed public offering of office-rental company WeWork and sliding valuations of other major investments, accor…
Asia stocks up slightly in cautious trade as focus shifts to U.S. payrolls
Asian stocks edged higher on Friday, thanks to gains on Wall Street, but the mood was cautious before a key U.S. job report that could help determine whether the Federal Reserve cuts interest rates further.
U.S. House panel wants Facebook’s Zuckerberg to testify on Libra by January
Facebook Inc Chief Operating Officer Sheryl Sandberg has tentatively agreed to testify before a U.S. House committee on Oct. 29 about the company’s plan for a digital currency, but the panel will not schedule the hearing until Chief Executive Mark Zuck…
