[ad_1] FILE PHOTO: A Huawei company logo is seen at a shopping mall in Shanghai, China June 3, 2019. REUTERS/Aly Song WASHINGTON (Reuters) – The White House Office of Management and Budget has told the
Hyundai and Kia to invest in self-driving startup Aurora
[ad_1] FILE PHOTO: The logo of Hyundai Motors is pictured at the second media day for the Shanghai auto show in Shanghai, China, April 17, 2019. REUTERS/Aly Song (Reuters) – Hyundai Motor Co said on
Wall Street slips; banks fall with prospect of rate cut, energy drops
[ad_1] NEW YORK (Reuters) – Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices. The S&P
Trump leaves China tariff deadline open, calls relationship ‘testy’
[ad_1] WASHINGTON (Reuters) – U.S. President Donald Trump declined to set a deadline on Wednesday for levying tariffs on another $325 billion of Chinese goods and called the relationship with Beijing good but “testy” after
Oil tumbles on demand worries; stocks hit by trade, economic fears
[ad_1] NEW YORK (Reuters) – Oil prices slid 4% on Wednesday on higher U.S. crude inventories and a bleaker demand outlook, while uncertainty over the U.S.-China trade war and U.S. economic data weighed on stocks.
Wall Street eases; banks fall with prospect of rate cut, energy drops
[ad_1] NEW YORK (Reuters) – Wall Street eased on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices. A Wall St. street
Germany raises 6.55 billion euros in epic 5G spectrum auction
[ad_1] FRANKFURT(Reuters) – Germany raised 6.55 billion euros ($7.4 billion) from its 5G mobile spectrum auction, the Federal Network Regulator (BNetzA) said on Wednesday after a near three-month battle that will see a fourth operator
Oil falls more than 2% on U.S. crude build, slowing demand fears
[ad_1] NEW YORK (Reuters) – Oil prices sank more than 2% on Wednesday, weakened by another unexpected rise in U.S. crude inventories and by a dimming outlook for global oil demand. FILE PHOTO: Oil facilities
GM to invest $150 million to boost heavy-duty pickup truck production
[ad_1] FILE PHOTO: A Chevrolet 2020 heavy-duty pickup truck is seen at the General Motors Flint Assembly Plant in Flint, Michigan, U.S. February 5, 2019. REUTERS/Rebecca Cook/File Photo FLINT, Mich. (Reuters) – General Motors Co
Trade tensions weigh on Wall Street, hopes of rate cut limit losses
[ad_1] (Reuters) – Wall Street’s main indexes dropped on Wednesday on worries of a prolonged U.S.-China trade war after Washington hardened its stance, but losses were cushioned by a muted reading on inflation that backed