[ad_1] TOKYO (Reuters) – Japan’s core machinery orders fell by the most in eight months in a worrying sign that global trade tensions are taking a toll on corporate investment, casting doubt that solid domestic
China’s June FX reserves rise more than expected amid trade truce
[ad_1] SHANGHAI (Reuters) – China’s foreign exchange reserves rose more than expected in June, as growing hopes for a trade war truce with the United States helped ease downward pressure on the yuan currency. A
Oil prices tread water as market eyes global risks
[ad_1] TOKYO (Reuters) – Crude prices were little changed on Monday as traders weighed geopolitical risks against the impact of the Sino-U.S. trade war on the global economy, although last week’s better-than-expected U.S. jobs data
Saudi airline flyadeal picks Airbus jets over grounded Boeing MAX
[ad_1] FILE PHOTO: Airbus CEO Guillaume Faury attends a news conference at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 20, 2019. REUTERS/Pascal Rossignol/File Photo RIYADH/DUBAI (Reuters) – Saudi
Nigeria signs Africa free trade agreement: statement
[ad_1] Nigerian President Muhammadu Buhari signs an agreement ahead of the lauching of the African Continental Free Trade Area (AfCFTA), during African Union summit in Niamey, Niger July 7, 2019. Nigeria Presidency/Handout via Reuters ABUJA
Erdogan says Turkish cenbank chief ousted for refusing rate cuts: report
[ad_1] ANKARA (Reuters) – Turkish President Tayyip Erdogan sacked the central bank governor for refusing the government’s repeated demands for rate cuts, Hurriyet newspaper on Sunday quoted Erdogan as telling a meeting with his party’s
After Deutsche Bank cuts, where will the growth be?
[ad_1] LONDON/FRANKFURT (Reuters) – For Deutsche Bank chief executive Christian Sewing, shrinking the group’s investment bank will be the relatively easy – if expensive – part of his restructuring plan. FILE PHOTO: The Deutsche Bank
French business elite cut Macron slack for slower reform pace
[ad_1] AIX-EN-PROVENCE, France (Reuters) – Assailed by social unrest and lagging in opinion polls, French President Emmanuel Macron has for now managed to cling on to a well of support from company leaders in France
Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul
[ad_1] FRANKFURT (Reuters) – Deutsche Bank plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship lender. FILE PHOTO: The Deutsche Bank headquarters are seen in
Factbox: Turkey’s new central bank governor seen as interest rate dove
[ad_1] ANKARA (Reuters) – Turkey’s new central bank governor Murat Uysal, who served as deputy governor for three years before the shock dismissal of his boss, is known as one of the more dovish members