[ad_1] NEW YORK (Reuters) – General Motors Co persuaded the federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect,
Exclusive: Saudi Aramco valuation gap persists as IPO talks resume – sources
[ad_1] LONDON/RIYADH/DUBAI (Reuters) – Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target
Rush into U.S. bonds sinks global stock markets; gold touches six-year high
[ad_1] NEW YORK (Reuters) – A rush into the safety of U.S. government bonds smothered a broad rally in global stocks Wednesday as spiraling fears of a global economic recession gripped markets. FILE PHOTO: Traders
Oil slumps to new seven-month low on trade tensions
[ad_1] LONDON (Reuters) – Oil prices fell further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand. FILE PHOTO: An oil pump
Oil sets new seven-month low on trade tensions
[ad_1] LONDON (Reuters) – Oil prices fell further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global economy and energy demand. FILE PHOTO: An oil pump
India’s central bank makes unconventional rate cut in bid to spur growth
[ad_1] MUMBAI (Reuters) – The Reserve Bank of India (RBI) lowered its benchmark interest rates for a fourth straight meeting on Wednesday with a slightly bigger than expected cut, underscoring its worries about India’s near-five
Tesla considers raising prices in China from September – sources
[ad_1] FILE PHOTO: Tesla Superchargers are pictured in a parking lot in Suzhou, Jiangsu province, China August 4, 2019. REUTERS/Aly Song/File Photo BEIJING (Reuters) – U.S. electric vehicle maker Tesla Inc is considering lifting its
India’s central bank makes unconventional rate cut in bid to spur growth
[ad_1] MUMBAI (Reuters) – The Reserve Bank of India (RBI) on Wednesday cut its benchmark interest rates for a fourth straight meeting, and by slightly more than expected, highlighting the depth of its concern about
China state banks seen supporting yuan to steady declines: sources
[ad_1] SHANGHAI/SINGAPORE (Reuters) – China’s major state-owned banks have been active in the yuan forwards markets this week, sources said, using swaps to curb greenback supply as authorities sought to slow the currency’s decline after
British Airways hit by problems with online check-in system
[ad_1] FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay/File Photo LONDON (Reuters) – British Airways experienced problems with its online check-in