[ad_1] FILE PHOTO: The logo of FIAT carmaker is seen on a vehicle in Cairo, Egypt, May 19, 2019. REUTERS/Mohamed Abd El Ghany/File Photo MILAN/PARIS (Reuters) – Fiat Chrysler has made a “transformative” all-share merger
China’s industrial profits shrink in April, add to pressure on economy
[ad_1] BEIJING (Reuters) – Profits for China’s industrial firms shrank in April as slowing manufacturing activity halted the previous month’s surge, putting more pressure on policymakers to step up support for an economy hit by
China regional banks’ funding costs rise after Baoshang takeover
[ad_1] SHANGHAI (Reuters) – Chinese regional banks had to pay more for funds through China’s interbank bond market on Monday, and their share prices came under pressure, following a rare takeover of a troubled lender
Oil prices stable amid OPEC supply cuts, but US-China trade war drags
[ad_1] SINGAPORE (Reuters) – Oil prices were stable on Monday amid ongoing supply cuts by producer club OPEC, although markets remained tense amid concerns the Sino-U.S. trade war could trigger a broad economic slowdown. FILE
Iran Deputy FM discusses regional development in Oman
[ad_1] DUBAI (Reuters) – Iranian Deputy Foreign Minister Abbas Araqchi arrived on Sunday in Oman and discussed “regional developments” with Yousuf bin Alawi bin Abdullah, the sultanate’s minister responsible for foreign affairs, the state-run Oman News
ECB’s Weidmann sees no need for policy action
[ad_1] German Bundesbank President Jens Weidmann presents the annual 2018 report in Frankfurt, Germany, February 27, 2019. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – European Central Bank policymaker and presidential hopeful Jens Weidmann said on Sunday
Dubai’s Emaar Properties hires advisors for sale of district cooling unit – sources
[ad_1] A logo of Dubai’s Emaar Properties is seen on a building in Dubai, United Arab Emirates January 12, 2018. REUTERS/Ahmed Jadallah/File Photo DUBAI (Reuters) – Dubai’s Emaar Properties has hired advisors including Standard Chartered
Israeli police recommend bribery charges against Shikun & Binui
[ad_1] JERUSALEM (Reuters) – Israel’s police and its securities regulator said they had sufficient evidence to proceed with a bribery case against Shikun & Binui, Israel’s largest construction group, its units and senior executives. Police
Teva Pharm to pay Oklahoma $85 million to settle opioid claims
[ad_1] BOSTON/JERUSALEM (Reuters) – Teva Pharmaceutical Industries Ltd said on Sunday it had agreed to pay an $85 million settlement with the state of Oklahoma days before the company was set to face trial over
Uniper executives to step down as Fortum conflict drags on
[ad_1] FILE PHOTO: A logo of German energy utility company Uniper SE is pictured in Duesseldorf, Germany, March 8, 2018. REUTERS/Thilo Schmuelgen/File Photo FRANKFURT (Reuters) – Uniper’s chief operating officer and chief commercial officer will