VW’s compliance monitor urges greater transparency
Volkswagen’s external compliance monitor on Monday said he disagreed with some VW executives’ use of privacy and attorney client privilege rights to withhold information about a $27 billion global emissions cheating scandal.
Tesla shares fall 5 percent after Musk abandons buyout
Shares in Tesla Inc lost almost 5 percent on Monday after it abandoned a plan to take the electric carmaker private, with some analysts suggesting it should either replace Chief Executive Elon Musk or appoint another strong senior manager.
Tesla’s German shares fall after CEO Musk drops plan to take company private
Germany-listed shares in Tesla fell more than 3 percent in early deals on the Tradegate exchange on Monday, after Chief Executive Elon Musk called off his bid to take the company private.
Asian shares rise after Powell speech, stronger yuan lifts China
Asian shares rose on Monday, taking heart from comments by the Federal Reserve chairman that drove Wall Street to record highs on Friday, and as a tweak to the way China’s central bank manages its currency boosted the yuan and stocks.
Investors to get their say after Musk scuttles Tesla buyout
Investors on Monday will render their verdict on Tesla Inc Chief Executive Elon Musk’s decision to abandon a proposed $72 billion buyout to take the luxury electric car maker private.
Asian shares rise on Fed reassurance, China yuan strengthening
Asian shares rose on Monday, boosted by record Wall Street highs on Friday after reassuring comments from the Federal Reserve’s chairman, and as stock markets in China gained after the country’s central bank tweaked its management of the yuan.
Yuan at two-and-a-half week high as China signals support, revives fix factor
The yuan hovered at a 2-1/2-week high to the dollar on Monday after China’s central bank revived a “counter-cyclical factor” in its daily fixing to support the currency, arresting a record 10-week slide that has rattled global markets and irritated Was…
Mexico, U.S. closing in on NAFTA deal, talks to resume Monday
U.S. and Mexican trade negotiators are close to squaring away bilateral differences on the North American Free Trade Agreement (NAFTA) and will resume talks on Monday morning, Mexican Economy Minister Ildefonso Guajardo said on Sunday.
U.S.-Mexico NAFTA talks to continue Monday: minister
Mexico’s Economy Minister Ildefonso Guajardo said on Sunday evening that bilateral negotiations with the United States over the future of the North American Free Trade Agreement (NAFTA) were advancing and that talks would continue on Monday.
Mexico, U.S. likely ‘hours’ away from NAFTA agreement: minister
U.S. and Mexican trade negotiators are “hours” away from squaring away bilateral differences on the North American Free Trade Agreement (NAFTA) but work with Canada is likely to stretch into September, a top Mexican official said on Sunday.
