Stocks slip, dollar drifts after Fed cools rate cut bets
The dollar nursed overnight gains while Europe’s share markets struggled early on, after the U.S. central bank dampened bets that it might be readying its first interest rate cut in years.
Bombardier to face pressure at annual meeting over rail unit, 2020 targets
Canada’s Bombardier Inc will face pressure from skeptical investors at an annual meeting on Thursday about whether the plane-and-train-maker’s turnaround plan is still on track as its transportation division grapples with delayed rail contracts.
Fed’s Powell treads carefully as Trump’s central bank pick faces trouble
Conservative commentator Stephen Moore’s sexist comments about women have put in jeopardy his path to the Federal Reserve, with the No. 2 Republican in the Senate saying Wednesday that President Donald Trump’s potential nominee may not have the votes t…
Government to answer urgent question on Huawei leak: Labour Party
A British government minister will be called to parliament on Thursday to answer a question on the findings of an inquiry into the disclosure of confidential information relating to Chinese telecoms company Huawei, the opposition Labour Party said.
Blackstone sues RCS owner directly over disputed headquarters sale
U.S. private equity firm Blackstone Group has launched legal action against the chairman and controlling shareholder of Italian publisher RCS Mediagroup over a disputed property sale, a copy of the lawsuit showed.
Asian shares flatline after Fed’s neutral message
Asian markets marked time on Thursday with two major centers – Japan and China – shut for holidays while the dollar held on to overnight gains after the U.S. central bank poured cold water on rate cut expectations.
Asian shares trade sideways as investors await fresh cues
Asian markets marked time on Thursday with two major centers – Japan and China – shut for holidays while the dollar held on to overnight gains after the U.S. central bank poured cold water on rate cut expectations.
Facebook settlement with U.S. may include privacy oversight: Politico
Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on Wednesday, citin…
Theresa May’s letter to dismissed defense secretary Williamson
British Prime Minister Theresa May fired Defence Secretary Gavin Williamson on Wednesday over the leak of information about Chinese telecoms company Huawei.
PG&E seeks U.S. court approval for $105 million fund to help wildfire victims
PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider.
