Nissan not currently considering asking CEO Saikawa to resign: sources
Nissan Motor Co is not currently considering asking embattled CEO Hiroto Saikawa to resign, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.
Asia shares rise on trade war hopes, firm U.S. data; safe havens sold
Asian stocks joined global peers and rose on Friday while safe havens such as government bonds and the yen were on the defensive amid hopes for easing U.S.-China trade tensions and as firm U.S. economic data increased risk appetites.
Nissan not considering asking CEO Saikawa to resign at the moment: sources
Nissan Motor Co is not considering asking embattled Chief Executive Hiroto Saikawa to resign now, two people with knowledge of the matter told Reuters on Friday, a day after he admitted to being overpaid in violation of internal procedures.
Shares rise, safe havens sold on trade war optimism, firm U.S. data
Asian stocks tracked global peers and rose on Friday while safe havens such as government bonds and the yen were sold amid signs of easing U.S.-China trade tensions and as firm U.S. economic data bolstered risk appetites.
G10 currencies to dance to dollar’s tune, trade-war and Fed song: Reuters poll
Group of 10 currencies will be driven by the U.S.-China trade war and actions by the U.S. Federal Reserve in coming months, while economic developments in other parts of the world are likely to take second stage, a Reuters poll found.
Farm loan delinquencies surge in U.S. election battleground Wisconsin
Farm loan delinquencies rose to a record high in June at Wisconsin’s community banks, data showed on Thursday, a sign President Donald Trump’s trade conflicts with China and other countries are hitting farmers hard in a state that could be crucial for …
Trump to meet with USDA, EPA officials about biofuels plan: sources
U.S. President Donald Trump is expected to meet with Department of Agriculture and Environmental Protection Agency officials late Thursday to consider a plan that would include boosting biofuels requirements for 2020 by 1 billion gallons, according to …
No place like home: Chinese firms stung by trade war build up domestic brands
For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the U.S. and other overseas markets.
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 Congress to pen a comprehensive housing reform that would allow them to be safely freed from go…
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 change, think-tank Carbon Tracker said in a report published on Friday.