NEW YORK (Reuters) – The Federal Reserve should be even more attentive to new economic data as its gradual interest-rate hikes edge it ever closer to a neutral stance, the U.S. central bank’s second-in-command said on Tuesday. In a carefully worded speech that comes on the heels of another volatile market drop, Fed Vice Chair […]
OKAZAKI, Japan (Reuters) – A senior executive at Mitsubishi Motors Corp (7211.T) said on Tuesday its alliance with Nissan Motor (7201.T) and Renault SA (RENA.PA) can survive management upheaval, a day after it fired Carlos Ghosn as chairman over financial misconduct allegations. The future of the 19-year alliance, one of the biggest automotive groups in […]
BRUSSELS (Reuters) – The European Union called on Washington on Tuesday to start talking over ways of reforming the World Trade Organization to prevent a paralysis of the international body. The EU published proposals on Monday for reform of dispute settlement at the WTO that it has agreed with China, India and other countries, hoping […]
NEW YORK (Reuters) – When cryptocurrency issuers want positive coverage for their virtual coins, they buy it. Self-proclaimed social media personalities charge thousands of dollars for video reviews. Research houses accept payments in the cryptocurrencies they are analyzing. Rating “experts” will grade anything positively, for a price. All this is common, according to more than […]
Britain can unilaterally reverse its decision to leave the European Union, Europe’s top court was told on Tuesday at an urgent hearing in a case supporters of membership hope could pave the way to a second referendum and ultimately stop Brexit. Lawyers for a group of Scottish politicians want the European Court of Justice (ECJ) […]
There’s only a short time until Christmas so you better start buying your presents soon. But if you are stuck for what to get the man in your life, be it a boyfriend, husband, friend, or dad. We’ve found a number of present suggestions for all budgets from Barbour leather wallets, to books and phone […]
Graduating from university increases average earnings at age 29 by 28% for women and 8% for men, new figures suggest. A report, commissioned by the Department for Education (DfE), also indicates that decisions about what and where to study are potentially more important than choosing whether to attend higher education. Conducted by the Institute for […]
(Reuters) – British and Dutch regulators on Tuesday fined ride-hailing service Uber Technologies Inc for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users. The Information Commissioner’s Office (ICO) in Britain slapped a 385,000 pound ($490,759.50) fine on the firm, while the Dutch Data Protection Authority imposed a fine […]
SINGAPORE (Reuters) – Oil slipped on Tuesday, pulled down by record Saudi Arabian production even as OPEC’s top producer pushes for supply cuts ahead of the group’s meeting in Austria next week. International Brent crude oil futures LCOc1 briefly dipped below $60 per barrel before rising back to $60.33 at 0520 GMT, down 15 cents, […]
European markets put on a strong performance yesterday, but there’s still uncertainty about whether UK Prime Minister Theresa May will be able to see her Brexit deal pass in Parliament. The concerns kept sterling in check, while the UK’s exporter-heavy Ftse-100, which makes about 70pc of its income abroad and tends to benefit from a […]