Yuan Falls To Lowest Since 2008 Global Crisis, Despite State Bank Support
SHANGHAI (Reuters) – China’s yuan fell on Friday to its weakest level against the dollar since the global financial crisis…
Headlines
Oil Falls As Rate Hike Talk Offsets Fading China Demand Hopes
By Alex Lawler LONDON (Reuters) -Oil slipped on Friday and was heading for a second weekly decline as investors weighed…
Deutsche Bank Investment Bank Job Cuts To Include Staff In Britain – Source
FRANKFURT (Reuters) – The dozens of staff to be cut at Deutsche Bank’s investment bank include staff based in Britain,…
Stocks end higher on Wall Street, notching weekly gains
Wall Street capped a volatile run for stocks with a broad rally Friday, contributing to sizable weekly gains for major…
Tesla’s Musk Says Recession Could Last Until 2024
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Chief Executive Elon Musk said on Friday he thinks a recession…
Renault Says Price Hikes Help Sales Grow In Q3, Confirms Outlook
By Gilles Guillaume PARIS (Reuters) -Renault on Friday said its sales rose to 9.8 billion euros ($9.57 billion) in the…
Exclusive-Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030
By Paul Lienert (Reuters) – The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop…
Explainer-Yen Is Past Key 150 Threshold. What’s Next?
By Leika Kihara TOKYO (Reuters) – The yen tumbled past the key psychological level of 150 to the dollar for…
Twitter Tells Employees There Are No Plans For Layoffs
(Reuters) -Twitter Inc on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a…
Railroads reject sick time demands, raising chance of strike
OMAHA, Neb. (AP) — The major freight railroads appear unwilling to give track maintenance workers much more than they received…