[ad_1] NEW YORK (Reuters) – Wall Street extended its sell-off on Friday on renewed trade fears as the benchmark S&P 500 index and Nasdaq saw their worst weekly percentage plunges since December, when investors were
Georgieva emerges as EU’s candidate for IMF head
[ad_1] BRUSSELS (Reuters) – European Union governments picked Bulgaria’s Kristalina Georgieva as the bloc’s candidate to lead the International Monetary Fund after more than 12 hours of talks on Friday that highlighted the EU’s internal
Yen up, stocks slide on China’s counter-threat to Trump
[ad_1] NEW YORK (Reuters) – A measure of stocks across the globe was on track to post its largest weekly loss of the year on Friday while yields in U.S. and German debt were near
Gold steadies, eyes weekly gain as dollar eases on U.S. data
[ad_1] (Reuters) – Gold steadied on Friday in seesaw trade as the dollar retreated on lacklustre U.S. jobs data, putting bullion on course to notch its best week in six weeks following a surge of
Wall Street Week Ahead: Disney report to shine spotlight on streaming war
[ad_1] SAN FRANCISCO (Reuters) – Quarterly reports next week from Walt Disney Co, CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called communication services sector, which
U.S. tariff threat may compound Apple’s iPhone woes: BofA
[ad_1] An Apple Store employee walks past an illustration of iPhones at the new Apple Carnegie Library during the grand opening and media preview in Washington, U.S., May 9, 2019. REUTERS/Clodagh Kilcoyne/File Photo (Reuters) –
Exclusive: Deutsche Bank faces $1.1 billion bill to exit derivatives
[ad_1] NEW YORK (Reuters) – Deutsche Bank (DBKGn.DE) has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its ‘bad bank,’ or capital release unit, three sources at
U.S. hiring cools; manufacturers reduce hours for workers
[ad_1] WASHINGTON (Reuters) – U.S. job growth slowed in July and manufacturers slashed hours for workers, which together with an escalation in trade tensions between the United States and China could give the Federal Reserve
Boeing to change 737 MAX flight-control software to address flaw: sources
[ad_1] WASHINGTON/SEATTLE (Reuters) – Boeing Co plans further changes to the software architecture of the 737 MAX flight-control system to address a flaw discovered after a test in June, two people briefed on the matter
EU race for IMF chief down to three as Spain’s Calvino quits
[ad_1] BRUSSELS (Reuters) – European Union governments will try on Friday to choose a candidate to lead the International Monetary Fund from a list of three names, after two candidates pulled out of the race,