Business

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Rate cut could be Draghi’s last move at ECB

Economists polled by Reuters predict the ECB will cut rates to a fresh record low in September, marking the last move for outgoing bank...
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European shares hit 3-week low as SAP slides

Technology stocks pushed European shares to three-week lows on Thursday after software firm SAP reported poor results. David Pollard reports. Peoples are using these...
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Sliding Japan exports, manufacturing gloom heighten economic risks

Japan’s exports fell yet again in June, while manufacturers’ confidence crumbled to a three-year low this month as a Sino-U.S. tariff row, slowing China...
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Japan's planning a digital money network: source

Japan's government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by banks,...
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After Netflix jacks up price, some click off

Streaming video company Netflix raised subscription prices in May and some users clicked off in the second quarter. Jane Lanhee Lee reports. Peoples are using...
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World policymakers voice concern over Facebook cryptocurrency

G7 finance ministers and the U.S. House Financial Services Committee on Wednesday all added to the chorus of concerned voices about Facebook's new cryptocurrency....
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Slim pickings for LGBT stock hunters

Only one stock passed Gerber Kawasaki's screening of companies that fully support the LGBT community. Robert Castillo tells Reuters' Fred Katayama which one made...
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Wall Street falls as CSX drops

U.S. stock indexes fell on Wednesday as weak results from CSX stoked concerns that the U.S.-China trade war could dent corporate earnings. Fred Katayama...
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Housing starts fall further in June

Homebuilding fell for a second straight month in June as building permits tumbled to a two-year low. Fred Katayama reports. Peoples are using these keywords:...
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Grieving father slams Boeing in Congress testimony

Paul Njoroge lost his wife, three children and mother-in-law when a Boeing 737 MAX crashed in Ethiopia in March. Now he's testifying in Congress....
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Grieving father slams Boeing's 'wrongful conduct' in Congress

Toronto resident Paul Njoroge, who lost five members of his family in the 737 MAX Ethiopian Air crash in March, says Congress must act...
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Amazon appeases German watchdog, but EU opens new probe

Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, acting to appease regulators as the...
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Markets: ASM raises tech hopes; Wall St awaits Netflix

Tech stocks outperformed lacklustre European share markets on Wednesday after ASML beat forecasts with its Q2 results and Ericsson said it's on track to...
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Why Hong Kong turmoil is bad news for watchmakers

Swatch Group earnings are sharply down, and the watchmaker's troubles may be connected to the political turmoil in Hong Kong - the biggest export...
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Nissan, Volvo and FCA lead European sales decline

European car sales dropped 7.9% in June, led by bigger declines for Nissan, Volvo and Fiat Chrysler, according to industry data published on Wednesday....
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Grieving father set to slam Boeing in Congress

Before flying to Washington to climb the steps of Congress and testify to a crowd of aviation experts and lawmakers this week, Paul Njoroge...
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As Lagarde quits, race to lead IMF starts

International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender on Tuesday. As she heads for the ECB, the race...
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Facebook gets a DC grilling on Libra, antitrust

Facebook got a lashing by Senate lawmakers from both sides of the aisle on Tuesday over plans for its cryptocurrency and from House lawmakers...

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