The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on Wednesday.
Oil futures hit a six-week high on Thursday as a storm built in the Gulf of Mexico, threatening crude output, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region.
Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities.
Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.
Shares in Japan’s Nintendo Co rose more than 4% on Thursday after the company said it would soon launch Nintendo Switch Lite, a cheaper, handheld version of its hugely popular Switch games.
Lockheed Martin Corp has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed its chief executive to continue operations, the company said on Twitter on Wednesday.
U.S. oil futures hit their highest in over a month on Thursday as a potential hurricane threatened crude output in the Gulf of Mexico and as an incident involving a British tanker in the Middle East highlighted ongoing tensions there.
When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.
Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.
Lockheed Martin Corp has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed its chief executive to continue operations, the company said on Twitter on Wednesday.
Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie counterculture but failed to navigate a swerve in consumer tastes toward SUVs.
European Union member states should brace for U.S. tariffs on several fronts in the months ahead, a senior German official warned late on Tuesday, just hours before Washington launched a probe of a planned French digital tax that could trigger future tariffs.
The boss of Europe’s Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co’s 737 MAX on the airline’s growth plans may start to spill over to next summer if the airplane is not flying again by November.
U.S. President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a probe that could lead to the United States imposing new tariffs or other trade restrictions.
International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
