The European Commission lowered its forecast on Wednesday for the euro zone economy next year, saying that uncertainty over U.S. trade policy posed a major risk to the bloc.
All of Britain’s leading accounting firms have failed to hit quality targets set by their regulator for auditing company books for the second year in a row, with Grant Thornton and PwC singled out to join KPMG under tougher supervision.
The dispute between Rosneft and Transneft is not a matter for Russian President Vladimir Putin to intervene in because it is a corporate matter, Kremlin spokesman Dmitry Peskov said on Wednesday.
Japan’s export curbs on key materials used by South Korean tech companies could drag on despite diplomatic efforts to end the dispute, South Korea’s president said on Wednesday, pledging to help firms to reduce their reliance on Japanese suppliers.
Shares were treading water on Wednesday while rising Treasury yields kept the dollar steady, as investors waited to hear whether the world’s most powerful central banker would confirm or confound expectations for a U.S. rate cut this month.
China’s exports likely fell in June as weakening global demand and a sharp hike in U.S. tariffs took a heavier toll on the world’s largest trading nation, a Reuters poll showed.
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.
Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world’s most powerful central banker would confirm or confound expectations for U.S. easing this month.
British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an electric car.
Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker’s efforts to build out its services business in one of its most critical overseas markets.
Elliott Management Corp, Paul Singer’s $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year.
The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers’ gut instincts about where the economy was heading.
Maoyan Entertainment , China’s leading movie-ticketing platform, said it would boost investment in the domestic film industry and deepen its partnership with Tencent Holdings Ltd , as it works to halt a downturn at cinemas.
Asian shares turned mixed on Wednesday while rising Treasury yields lifted the dollar as markets wondered if the world’s most powerful central banker would confirm or confound expectations for U.S. policy easing this month.
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