Spooked global funds drive up cash and bond holdings
Spooked by another worldwide stocks selloff, global investors have piled up cash to a more than two-year high this month, hoovered up bonds and cut back property holdings.
Spooked by another worldwide stocks selloff, global investors have piled up cash to a more than two-year high this month, hoovered up bonds and cut back property holdings.
WASHINGTON (Reuters – The number of Americans filing applications for jobless benefits rose marginally from near a 49-year low last week, suggesting underlying strength in the labor market and broader economy.
A Tokyo court upheld a decision not to extend the detention of former Nissan Motor Chairman Carlos Ghosn and former Representative Director Greg Kelly, public broadcaster NHK said on Thursday, a move that brings them closer to a release on bail.
A Brazilian judged on Thursday issued his second injunction blocking the proposed sale of 80 percent of planemaker Embraer’s commercial aviation division to Boeing Co .
Uber Technologies Inc [UBER.UL] on Thursday is resuming limited self-driving car testing on public roads in Pittsburgh, nine months after it suspended the program following a deadly accident in Arizona.
World equity markets slipped on Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook, worsening worries of a recession as signs grow that global economic growth is stuttering.
A Brazilian judged on Thursday issued a new injunction blocking the proposed sale of 80 percent of planemaker Embraer’s commercial aviation division to Boeing Co .
U.S. stock futures edged higher on Thursday, following a sharp pullback in the prior session after the Federal Reserve stuck to its plan to keep withdrawing monetary support from an economy it views as strong, dampening hopes for a more dovish outlook.
Marlboro cigarette maker Altria Group Inc on Thursday announced it would pay $12.8 billion to take a 35 percent stake in Juul Labs Inc, a marriage between an old-line tobacco giant and a fast-growing electronic-cigarette rival looking to make inroads among smokers.
Brazilian investors’ association Abradin has filed a motion with a São Paulo court questioning the legality of a tie-up between U.S. planemaker Boeing Co and Embraer SA .
Shares in Europe’s Airbus fell on Thursday after Le Monde newspaper reported the United States had opened an investigation into allegations of corruption, raising the stakes of probes already under way in Britain and France.
The U.S. Commerce Department plans to present new calculations on the impact that tariffs on foreign cars would have on the U.S. market in four weeks’ time, a German magazine reported on Thursday.
NBCUniversal, Sony Pictures, Warner Bros and Sky have offered to end anti-competitive movie licensing deals in a bid to stop an antitrust investigation, regulators said on Thursday, after Paramount and Disney made similar concessions.
The U.S. Commerce Department plans to present new calculations on the impact that tariffs on foreign cars would have on the U.S. market in four weeks’ time, a German magazine reported on Thursday.
Hyundai Motor Co plans to start producing electric vehicles (EVs) in Indonesia as part of an around $880 million auto investment in the country, Industry Deputy Minister Harjanto said on Thursday.
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