A measure of stocks across the globe was on track to post its largest weekly loss of the year on Friday while yields in U.S. and German debt were near multi-year lows, after China vowed to retaliate against a possible new round of U.S. tariffs.
Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters.
Cboe Global Markets Inc plans to build a research and data platform that will provide its customers with trading insights and spur new financial products, the exchange operator said after posting better-than-expected earnings on Friday.
Funding Portal | Teri Kirk | Aug 2, 2019 Grants and incentives are an important source of funding for many companies and organizations. In fact, governments in Canada alone disburse about $26B annually through federal and provincial grants and incentives, largely to fund innovation. Yet, actioning this funding can be time-consuming and expensive for companies;
U.S. President Donald Trump on Thursday accused his Chinese counterpart of failing to meet promises to stem a deluge of the synthetic opioid fentanyl into the United States, after months of praising Chinese President Xi Jinping for his pledges.
Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday.
Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters.
Oil prices rallied nearly 3% on Friday, a partial rebound from their biggest daily drop in several years on U.S. President Donald Trump's promise to impose more tariffs on Chinese imports.
India's biggest automaker, Maruti Suzuki India Ltd , has cut the number of workers it employs on temporary contracts following a plunge in vehicle sales, it told Reuters.
U.S. economy is growing more slowly in the third quarter than previously thought based on this week's data releases on manufacturing and import/export prices, the New York Federal Reserve's Nowcast model showed on Friday.
The U.S. economy likely will grow at a 1.9% annualized rate in the third quarter, based on the latest data on domestic payrolls, trade and factory orders, the Atlanta Federal Reserve's GDPNow forecast model showed on Friday.
Apple Inc said on Friday it suspended its global program where it analyzed recordings from users interacting with its voice assistant Siri, after some privacy concerns were raised about the program.
Taiwan's Foxconn is exploring the sale of its new $8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying U.S.-China trade war.
Global stocks took a beating on Friday, with investors piling into safe-haven assets but oil prices recouped some losses after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.
Japan's Honda Motor Co reported a 16% drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped.