[ad_1] (Reuters) – The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on
Swiss Re suspends ReAssure IPO
[ad_1] The logo of insurance company Swiss Re is seen in front of its headquarters in Zurich, Switzerland February 12, 2019. REUTERS/Arnd WIegmann/Files ZURICH (Reuters) – Reinsurance group Swiss Re has suspended plans for an
Last Volkswagen Beetle drives into the sunset
[ad_1] PUEBLA, Mexico (Reuters) – Volkswagen (VOWG_p.DE) rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie counterculture but failed
Global Markets: Asia stocks gain, dollar droops as Fed chair sets stage for rate cut
[ad_1] TOKYO (Reuters) – Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month. FILE PHOTO: A woman walks
U.S. oil hits highest in over a month amid Gulf of Mexico storm, Iran tensions
[ad_1] TOKYO (Reuters) – U.S. oil futures hit their highest in over a month on Thursday as a potential hurricane threatened crude output in the Gulf of Mexico and as an incident involving a British
Domestic airfares soar in Indonesia despite government price cap
[ad_1] SINGAPORE/JAKARTA (Reuters) – When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid
Stocks rise, dollar drops as Fed chair boosts rate-cut hopes
[ad_1] NEW YORK (Reuters) – A broad index of world stock markets edged higher on Wednesday while the U.S. dollar fell as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest rate
U.S. oil companies slash Gulf of Mexico production as storm bears down
[ad_1] HOUSTON (Reuters) – U.S. oil producers on Wednesday cut nearly a third of Gulf of Mexico crude output as what could be one of the first major storms of the Atlantic hurricane season threatened
Powell testimony, Fed meeting highlight case for ‘insurance’
[ad_1] WASHINGTON (Reuters) – A confidence shock driven partly by the U.S. trade war is at the centre of an increasingly persuasive argument for Federal Reserve policymakers seriously considering cutting rates for the first time
Wall Street touches new highs after comments by Fed’s Powell
[ad_1] NEW YORK (Reuters) – U.S. stocks closed higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman Jerome Powell reassured investors