Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration

Money and the theory of exchange

  Evidence mounts that the global credit cycle has turned towards its perennial crisis stage. This time, the gathering forces appear to be on a scale greater than any ... Read More

Ousted Uber CEO Kalanick: Investor lawsuit a ‘public and personal attack’

Uber ex-CEO Travis Kalanick called a suit filed against him by an investor in the firm a “public and personal attack.” Powered by WPeMatico Read More
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Investors sell stocks, dollar on fears Trump agenda is foundering

SINGAPORE (Reuters) – Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump’s ability to ... Read More
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On sidelines of trade talks, businesses tout NAFTA’s benefits

WASHINGTON (Reuters) – Steps away from this week’s NAFTA trade negotiations, business unified in hopes of sending a singular message: do no harm. Powered by WPeMatico Read More

Former Uber CEO says investor lawsuit a ‘public and personal attack’

SAN FRANCISCO (Reuters) – The ousted chief executive officer of Uber Technologies Inc called a lawsuit filed against him by one of the company’s top investors a “public and ... Read More
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American business leaders break with Donald Trump

“I’VE never known it to be an embarrassment for a business leader to be associated with an American president,” declares Max Bazerman of Harvard Business School. Donald Trump, in ... Read More

U.S. jobless claims drop to near six-month low

WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that ... Read More

Trump policy doubts, weak inflation to weigh on Wall Street

(Reuters) – Wall Street was set to open lower on Thursday as minutes from the Federal Reserve’s July meeting showed growing concerns over weak inflation, while investors worried about ... Read More

Lufthansa in talks to buy most of Air Berlin planes: media

FRANKFURT (Reuters) – Germany’s Lufthansa is in talks to buy a majority of insolvent Air Berlin’s aircraft, with the backing of Berlin, which is pushing for a national aviation ... Read More

Wisconsin lawmakers debate billions in incentives for Foxconn plant

(Reuters) – The Wisconsin State Assembly on Thursday will consider a $3 billion incentive package for a proposed liquid-crystal display factory by Taiwan’s Foxconn, the first vote on the ... Read More
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