Warning light flashing for Slovakia’s auto industry
When David landed an assembly line job at Volkswagen’s Bratislava factory, his colleagues congratulated him on securing a well-paid position he could ride to retirement.
Wall Street dips as rate cut expectations relax
U.S. stocks dipped on Friday, as the S&P 500 snapped a three-day streak of record closes, following an unexpectedly strong U.S. payrolls report that led investors to reassess how dovish a stance the Federal Reserve may take at its next meeting.
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the U.S. government too – by launching a cryptocurrency that defeats a U.S. trade embargo.
U.S. job growth surges, July rate cut expectations intact
U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.
Oil prices rise on Iran tensions, OPEC output cuts
Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally.
Wall Street retreats as rate cut expectations ease
U.S. stocks declined on Friday, as the S&P 500 retreated after closing at a record for three straight sessions, following an unexpectedly strong U.S. payrolls report that caused investors to rethink how dovish a turn the Federal Reserve may take.
Mexico and U.S. try new trade fix to win over Democrats: official
Mexico is working closely with U.S. Trade Representative Robert Lighthizer to close a loophole in the new North American trade deal, aimed at satisfying demands of U.S. Democratic lawmakers for tougher labor and environmental provisions, a senior Mexic…
Mexico issues arrest warrants for ex-Pemex CEO Lozoya, family members
Mexico’s attorney general’s office said on Friday that a judge issued arrest warrants for the former chief executive of state oil firm Pemex, Emilio Lozoya, three of his family members and one other person, in a graft case involving Brazilian builder Odebrecht.
Wall Street slips on cooling rate cut hopes
U.S. stocks fell on Friday, slipping from record levels hit in the previous session, as strong U.S. job growth in June pushed investors to scale back bets on aggressive interest rate cuts by the Federal Reserve.
UK competition regulator puts brake on Amazon’s Deliveroo deal
Britain’s competition regulator has stepped in to pause Amazon’s deal with online food delivery group Deliveroo while it considers launching a full investigation.
