Trump says he told Fed's Powell U.S. interest rates are too high
U.S. President Donald Trump said he complained to Federal Reserve Chair Jerome Powell about high U.S. interest rates in a meeting they held at the White House on Monday morning.
U.S. President Donald Trump said he complained to Federal Reserve Chair Jerome Powell about high U.S. interest rates in a meeting they held at the White House on Monday morning.
KKR & Co. has tapped Hong Kong's CK Infrastructure Holdings Ltd and buyout groups including Blackstone and Sweden's EQT AB to gauge buying interest for Singapore-based Goodpack, an intermediate bulk container maker, multiple sources with knowledge of the matter said.
Asian share markets were mixed on Tuesday, as another day awaiting clearer news on the progress of U.S.-China trade negotiations left investors bereft of trading motivation.
Top Senate Democrat Chuck Schumer and Republican Senator Tom Cotton on Monday urged the U.S. government to swiftly issue rules to make it harder to export sophisticated technologies to China that Beijing can use to boost its military.
Amazon.com Inc said on Monday it has introduced an ad-supported free version of its music streaming service Amazon Music, taking on rival Spotify Technology which has nearly 140 million users for its free version.
The life insurance arm of Commonwealth Bank of Australia pleaded guilty to 87 counts of breaching a law banning sales staff from making unsolicited calls to sell financial products, the country's corporate regulator said on Tuesday.
While China is no stranger to food using vegetarian ingredients to give a meat-like flavor, the buzz around Beyond Meat and Impossible Foods in the U.S. is driving a series of Chinese companies to roll out similar pea or soy-based meat products.
U.S. plant-based "meat" makers targeting China like Impossible Foods and Beyond Meat Inc will need to battle homegrown rivals which are developing local favorites such as dumplings and mooncakes to nab a share of the lucrative market.
Volkswagen parts supplier Prevent Group on Monday filed a lawsuit alleging the German automaker used anticompetitive tactics to stop larger suppliers like the company from acquiring smaller rivals in the United States.
Qantas Airways Ltd is targeting annual spending of about A$2 billion ($1.36 billion) and expects capacity growth to be little changed in the second half of fiscal 2020, the airline said in a presentation on Tuesday.
According to a new research report, the world is getting windier, and there are big implications for the wind energy industry.
California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions.
From Beyond Meat to Uber to Levi Strauss, some big names have attempted to tap the public markets to raise capital this year. But individuals who want to buy these companies' stocks should beware the risks.
Wall Street's main indexes were very slightly higher on Monday after closing at records on Friday and investors digested mixed headlines on U.S.-China trade relations.
The current stance of monetary policy is appropriate for the U.S. economy and the Federal Reserve should now wait and see how the economy evolves, Cleveland Fed President Loretta Mester said on Monday.