Canada’s Federal Court on Friday rejected a bid by construction firm SNC-Lavalin Group Inc to challenge a decision by prosecutors to put the firm on trial on charges of corruption.
Volkswagen’s effort to get its fleet of cars certified according to the new WLTP emissions standard have cost the carmaker up to 3.6 billion euros ($4.04 billion) in 2018, a source familiar with the matter told Reuters.
President Donald Trump on Friday said he is confident the United States can forge a trade deal with China, but added that he thinks his country would do very well with or without an agreement with the world’s second-largest economy.
Germany’s automaker BMW AG said on Friday it was the biggest U.S. automotive exporter by value for the fifth consecutive year, with exports totaling over $8.4 billion in 2018.
Wall Street declined on Friday after data showed U.S. job growth almost stalled in February, adding to concerns of a slowdown in global growth sparked by weak China export data and a prolonged slowdown in eurozone.
Swedbank is facing pressure from some of its biggest shareholders to reveal more about what it knew about allegations of money-laundering linked to Danske Bank.
Several European banks are facing allegations of being involved in a Baltic money laundering scandal and failing to prevent tainted Russian money from flowing through their branches across the world.
Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them.
U.S. stocks fell at open on Friday after data showed U.S. job growth almost stalled in February, adding to global growth worries sparked by weak China export data and prolonged slowdown in eurozone.
Oil prices dropped more than 3 percent on Friday on a worsening economic outlook after the European Central Bank warned of continued weakness and fresh data showed U.S. job growth almost stalled in February.
U.S. job growth almost stalled in February, with the economy creating only 20,000 jobs as construction and retail payrolls dropped, which could raise concerns about a sharp slowdown in economic activity.
Wall Street was set to open sharply lower on Friday after data showed U.S. job growth almost stalled in February, adding to global growth worries sparked by weak China export data and weakness in eurozone.
The European Central Bank’s fourth round of cheap long-term loans targeted at banks may steer euro zone lenders away from a cliff edge in funding.
U.S. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors, which could raise concerns about a sharp slowdown in economic activity.
With three weeks to go before Britain is due to exit the European Union, interest in selling the pound against the dollar and euro is dwindling as currency traders bet that the worst-case scenario of a no-deal Brexit will be averted.
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