Euro slips as Italy agrees ‘people’s budget’; dollar buoyant
The euro fell to an eleven-day low on Friday after Italy’s government agreed a budget overnight seen by some investors as defying Brussels.
The euro fell to an eleven-day low on Friday after Italy’s government agreed a budget overnight seen by some investors as defying Brussels.
Japan’s Nikkei raced to a 27-year high on Friday on the back of a lower yen and improved prospects for corporate earnings, while optimism over the U.S. economy’s short-term outlook supported broad risk appetite and the dollar.
German carmakers may offer owners of vehicles affected by driving bans vouchers for hardware upgrades by suppliers such as Baumot or HJS, German daily Frankfurter Allgemeine Zeitung (FAZ) reported on Friday, without citing sources.
Japan’s Nikkei touched a 27-year high on Friday, taking heart from a boost for the dollar after the U.S. Federal Reserve chairman said he did not expect a near-term recession.
Germany’s biggest power supplier E.ON wants smart homes to be smart business in a world of decentralized, low-carbon energy markets.
The U.S. Securities and Exchange Commission accused Tesla Inc Chief Executive Elon Musk on Thursday of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month.
The dollar was in fine fettle against its peers on Friday, advancing to a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases over the next year.
Japan’s Nikkei hit a 27-year high on Friday, taking heart from a boost for the dollar after the Federal Reserve chairman said he did not expect a near-term recession, and strong gains on Wall Street overnight.
Blue Origin, the space company founded by Amazon.com Inc Chief Executive Officer Jeff Bezos, has won a contract to supply engines for United Launch Alliance’s massive Vulcan rocket, the companies said on Thursday.
The top U.S. securities regulator on Thursday accused Tesla Inc Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month.
In a Shanghai bistro, surrounded by brass trimmed lamps and Italian marble, models and Chinese stars sported outfits of black, white and electric purple, the signature colors of veteran American fashion designer Anna Sui.
The dollar stood tall against its peers on Friday, hovering near a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases over the next year.
Shares in Asia inched higher on Friday, following gains on Wall Street overnight after news of robust U.S. economic growth, with the chairman of the Federal Reserve saying the United States does not face a large chance of near-term recession.
Global mergers and acquisitions dropped to $783 billion in the third quarter, down 35 percent from the prior quarter, as the escalating trade dispute between the United States and China cast a shadow on the financial and regulatory prospects of some deals.
The Reuters story “Apple shaves cost from displays in newest iPhones -analyst firm” published Sept. 25 is withdrawn because analyst firm TechInsights of Canada now says its analysis of Apple’s iPhone Xs Max parts was inaccurate and that parts were not removed from the iPhone’s display. There will be no replacement story.
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