World stocks hit record high as upbeat data boosts confidence Global stocks hit a record high on Friday and Asian markets rose to their best levels in more than two years as upbeat data on U.S. manufacturing and employment and buoyant European factory growth boosted investor optimism. The MSCI ACWI […]
Donald J. Trump
Senator McCain says Putin bigger threat than ISIS U.S. Senator John McCain said Russian President Vladimir Putin is a bigger threat to global security than ISIS, and warned that the Senate would push for sanctions against Moscow for its alleged interference in the U.S. election. McCain, a leading foreign policy […]
Dollar on defensive after Fed minutes, euro resumes rise The dollar was on the defensive on Thursday after the Federal Reserve dialed down on some of the more hawkish policy expectations in the market, while the euro edged back up toward a 6-1/2-month high. Fed policymakers agreed they should hold […]
U.S. appeals court to hear cases that could weigh on Wall Street policing U.S. appeals court to hear cases that could weigh on Wall Street policing:- A U.S. appeals court will weigh whether certain hiring practices at two of the country's top financial market regulators violate the Constitution on Wednesday, […]
Cisco revenue forecast disappoints; says to cut 1,100 more jobs Cisco revenue forecast disappoints; says to cut 1,100 more jobs:- Cisco Systems Inc (CSCO.O) forecast current-quarter revenue that widely missed analysts' estimates and said it would cut 1,100 more jobs, as the world's largest networking gear maker steps up efforts […]
U.S. says Syrians built crematorium at prison to dispose of bodies The United States has evidence Syrian President Bashar al-Assad's government has built a crematorium at a large military prison outside the capital Damascus, a State Department official said on Monday. Stuart Jones, acting assistant secretary of state for Near […]
Republican Representative Gowdy says he is not interested in FBI job Republican U.S. Representative Trey Gowdy, who was among 11 people being considered for director of the Federal Bureau of Investigation, said on Monday he is not interested in the job. Gowdy said in a statement that he told Attorney […]
Ford to cut North America, Asia salaried workers by 10 percent Ford Motor Co (F.N) plans to shrink its salaried workforce in North America and Asia by about 10 percent as it works to boost profits and its sliding stock price, a source familiar with the plan told Reuters on […]
U.S. court puts hold on 'too big to fail' case involving MetLife A U.S. appeals court on Friday granted a 60-day pause in the long-running case in which the country's largest life insurer, MetLife Inc, has challenged the federal government's labeling of it as "too big to fail," as the Trump […]
Germany says will tell U.S. at G7 that the world needs its leadership Germany says will tell U.S. at G7 that the world needs its leadership:- German Finance Minister Wolfgang Schaeuble said on Friday he would tell the U.S. Treasury Secretary that the world needs the United States' leadership. The […]
