Ford Motor Co Chairman Bill Ford canceled a multi-stop trip to the Middle East, including a planned appearance at a Saudi investment conference, the company said on Sunday, the latest such cancellation after the disappearance of Saudi journalist Jamal Khashoggi.
Barclays Plc is launching a retail account that will offer U.S. consumers a low-cost, digital-only bank with the backing of a major financial institution, the Financial Times reported on Sunday.
Big Tech Players are Not the only Blockchain Trade Solutions Providers Export Portal, a blockchain enabled private entity, is looking to further expand its international operations through investors and partners. After expanding to 150 countries […]
Embraer SA is adding two longer-range business jet variants to its mid-sized Legacy line, featuring revamped cabins and technology that reduces turbulence to create smoother flights, the Brazilian plane maker said on Sunday.
Embraer SA is adding two longer-range business jet variants to its mid-sized Legacy line featuring revamped cabins and technology that reduces turbulence to create smoother flights, the Brazilian plane maker said on Sunday.
Indian airline IndiGo on Sunday said wide-bodied aircraft are an “aspiration” and talks with manufacturers are ongoing but there is no firm timeline amid difficult market conditions in the Indian market.
U.S. Treasury Secretary Steven Mnuchin said on Saturday that Washington wants to include a provision to deter currency manipulation in future trade deals, including with Japan, based on the currency chapter in the new deal to revamp NAFTA.
The European Central Bank should keep its policy options open and not let itself be influenced by the Federal Reserve, ECB policymaker Francois Villeroy de Galhau said on Sunday.
The European Central Bank can set its own monetary policy independently of the Federal Reserve, ECB policymaker Francois Villeroy de Galhau said on Sunday.
U.S. Treasury Secretary Steven Mnuchin said on Saturday Washington would like to include a provision to deter currency manipulation in future trade deals, including with Japan.
Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico’s new trade deal with the United States and Canada will not impede economic relations with other countries, according to a foreign ministry statement.
The United States sought to make currency a central part of any solution to a bruising trade fight with China, keeping the pressure on Beijing to speed up economic reforms at a gathering of world policy makers who pledged to do more to safeguard global growth.
Central bankers from the United States to Europe are coming under pressure from their governments to loosen their purse strings again as a decade of accelerating economic growth and booming markets fueled by cheap cash comes to an end.
The latest jobs report was rolled out by the U.S. Bureau of Labor Statistics last week. In case you haven’t heard, the unemployment rate in the U.S. hit 3.7%. That’s the lowest it’s been since December 1969.
Additionally, the closely tracked wage growth report signaled that wages grew 2.8% from 2017.
These statistics indicate an increasingly healthy labor market. And wages are being driven higher to attract an increasingly sparse supply of workers.
But we’re not quite there yet. Despite rising wages, the American worker is still undervalued.
The current rate of wage growth still puts us below the 3.5% needed to compensate for …read more […]
Standard Chartered Plc is “actively working” on options for its stake in Indonesia’s PT Bank Permata tbk , the British lender’s Chief Executive Bill Winters said on Saturday.
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