[ad_1] NEW YORK (Reuters) – U.S. and European stock indexes erased losses and turned positive on Wednesday after news that U.S. President Donald Trump planned to delay tariffs on auto imports, outweighing earlier pressure on
Exclusive: Europe prepares raft of post-Brexit banking reforms
[ad_1] LONDON (Reuters) – The European Commission is working on its biggest regulatory push on banking since the 2008 financial crash that could curb Britain’s access to the bloc, according to an internal draft document
Wall Street turns higher as Trump likely to delay auto tariffs
[ad_1] (Reuters) – U.S. stocks reversed course to trade higher on Wednesday after a report that President Donald Trump may delay a decision to impose auto tariffs, offering respite to markets worried about slowing global
Wall Street pares losses after Trump decides to delay auto tariffs
[ad_1] Street signs for Broad St. and Wall St. are seen outside of the New York Stock Exchange (NYSE) in New York, U.S., March 7, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks pared losses on
India sugar output to fall by 3 million tonnes in 2019/20: ISO
[ad_1] FILE PHOTO: A labourer carries a sack of sugar to load it onto a supply truck at a market area in Kolkata, India, January 25, 2019. REUTRS/Rupak De Chowdhuri/File Photo NEW YORK (Reuters) –
Alibaba beats revenue expectations on cloud boost
[ad_1] SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other services. FILE PHOTO:
Post bailout, Greece offers tax breaks, pension bonus
[ad_1] Greek Prime Minister Alexis Tsipras addresses lawmakers during a parliamentary session before a vote on tax breaks in Athens, Greece, May 15, 2019. REUTERS/Alkis Konstantinidis ATHENS (Reuters) – Greek lawmakers on Wednesday approved tax
SoftBank leads $200 million investment in India’s Grofers
[ad_1] BENGALURU (Reuters) – Japan’s SoftBank Group Corp has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund, the New Delhi-based company said on Wednesday,
China’s retail sales growth slumps to 16-year low as trade war risks rise
[ad_1] BEIJING (Reuters) – China reported surprisingly weaker growth in retail sales and industrial output for April on Wednesday, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates.
April palm oil imports drop 9.2% to 5-month low: trade body
[ad_1] FILE PHOTO: A worker collects palm oil fruits at a plantation in Bahau, Negeri Sembilan, Malaysia January 30, 2019. REUTERS/Lai Seng Sin/File Photo MUMBAI (Reuters) – India’s palm oil imports in April fell 9.2%