Trump urges Fed to lower U.S. interest rates
President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down.
Oil prices firm as Libya supply risks mount
Oil prices reversed earlier losses on Friday as fears that an escalating conflict in Libya could disrupt oil supplies from the OPEC member outweighed trade concerns.
Top German carmakers charged with blocking clean emissions technology
BMW, and Volkswagen face possible hefty fines after EU antitrust regulators on Friday charged them and whistleblower Daimler with colluding to block the rollout of clean emissions technology.
Rebound in job growth pushes Wall Street higher, trade hopes add to optimism
Wall Street’s main indexes rose on Friday after data showed U.S. employment in March accelerated from a 17-month low, easing concerns of a domestic slowdown, while hopes of a U.S.-China trade deal added to the sentiment.
Bank of America ramps up branch modernization
Bank of America Corp said on Friday that more than half of its branch network will be modernized over the next three years to respond to changing consumer behavior.
Huawei allegations driven by politics not evidence: U.N. telecoms chief
U.S. security concerns about 5G mobile networks built by Chinese telecoms giant Huawei appear to be driven by politics and trade rather than any evidence, the head of the U.N. internet and telecoms agency said on Friday.
EU, China stumble over trade, human rights ahead of summit
Tensions over trade, investments and minority rights are preventing China and the EU from agreeing a joint declaration at a summit next week, multiple sources in Brussels said on Friday, sapping a European push for greater access to Chinese markets.
Instant View: U.S. March payrolls rebound more than expected
U.S. employment growth accelerated from a 17-month low in March as milder weather boosted activity in sectors like construction, which could further allay fears of a sharp slowdown in economic growth in the first quarter.
U.S. job growth rebounds in March, but wage gains moderate
U.S. employment growth accelerated from a 17-month low in March as milder weather boosted hiring in sectors like construction, which could further allay fears of an abrupt slowdown in economic activity in the first quarter.
Tokyo court approves 10-day detention of Ghosn, rejects appeal
A Tokyo court approved on Friday a request by prosecutors to detain Carlos Ghosn for 10 days for further questioning, rejecting an appeal by the ousted Nissan boss’ lawyer to free him as he fights charges against financial misconduct.
