Mois : février 2020

FILE PHOTO – French Prime Minister Edouard Philippe leaves after the weekly cabinet meeting at the Elysee Palace in Paris, France, February 19, 2020. /Charles PlatiauPARIS () – The French government said on Saturday it would push President Emmanuel Macron’s contested pension reform through parliament by decree, avoiding the need for a vote after the […]

(This story corrects yen moves in headline, lead and penultimate paragraph) FILE PHOTO: A trader shows U.S. dollar notes at a currency exchange booth in Karachi, Pakistan December 3, 2018. /Akhtar SoomroBy Kate Duguid NEW YORK () – The U.S. dollar slid to a 20-week low against the Japanese yen on Friday after Federal Reserve […]

FILE PHOTO – Governor of Sveriges Riksbank, the central bank of Sweden, Stefan Ingves speaks during a news confernce at the Riksbank headquarters in Stockholm, Sweden, December 19, 2019. TT News Agency/ Jessica Gow via STOCKHOLM () – It is too early assess the impact of the outbreak of the coronavirus on Sweden’s economy and […]

BEIJING () – HNA Group has asked the government of China’s province of Hainan to lead a work group dedicated to resolving its increasing liquidity risks after a slowdown in business caused by the coronavirus outbreak. FILE PHOTO – A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February […]

() – Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company’s chief executive, Jack Dorsey, two people familiar with the matter said on Friday. FILE PHOTO: Paul Singer, founder and president of Elliott Management Corporation, speaks at WSJD Live […]

NEW YORK () – The U.S. dollar slid to a seven-week low against the Japanese yen on Friday after Federal Reserve Chair Jerome Powell suggested the central bank could cut interest rates in the wake of the coronavirus. U.S. Dollar and Japan Yen notes are seen in this June 22, 2017 illustration photo. /Thomas White/IllustrationPowell […]

WASHINGTON () – The Trump administration on Friday said it would focus on concluding new trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and pushing for reforms of the World Trade Organization. FILE PHOTO: U.S. and European Union flags are pictured during the visit of […]

() – Harley-Davidson Inc (HOG.N) Chief Executive Officer Matthew Levatich stepped down on Friday after failing to boost U.S. sales of its iconic motorcycles. FILE PHOTO: A Harley-Davidson Inc. logo is seen at the Paris auto show in Paris, France, October 4, 2018. /Benoit TessierThe company said board member Jochen Zeitz will serve as the […]

NEW YORK () – Many companies negotiating mergers and acquisitions (M&A) contracts are haggling over whether the global coronavirus outbreak should offer legal grounds for the acquirers to walk away from their agreements, dealmakers say. FILE PHOTO: People wearing masks after the coronavirus outbreak wait in a line to buy masks as it rains in […]

WASHINGTON/NEW YORK () – Big U.S. banks have been rolling out contingency plans to respond to the global coronavirus outbreak – requiring some staff to work from home, implementing travel restrictions, and talking to regulators about potential stresses. FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in […]

FILE PHOTO: U.S. and European Union flags are pictured during the visit of Vice President Mike Pence to the European Commission headquarters in Brussels, Belgium February 20, 2017. /Francois LenoirWASHINGTON () – The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming […]

FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2013. Goldman Sachs Group Inc said on Tuesday quarterly profit doubled, beating Wall Street estimates, boosted by returns from investing the bank’s own money. /Brendan McDermidNEW YORK () – Goldman Sachs Group Inc’s (GS.N) asset […]

FILE PHOTO: Clifton Robbins, founder and CEO, Blue Harbour Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. /Mike Blake/File PhotoNEW YORK () – Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back […]

FILE PHOTO: Federal Reserve Board Chairman Jerome Powell leaves after a Senate Banking Committee hearing on The Semiannual Monetary Policy Report to the Congress on Capitol Hill in Washington, U.S., February 12, 2020. /Yuri Gripas() – Federal Reserve Chair Jerome Powell on Friday said the central bank will “act as appropriate” to support the economy […]

MILAN () – At the epicenter of Europe’s worst outbreak of coronavirus to date, daily lives have taken on an eerie, aimless calm. It’s at night that the worry takes over. FILE PHOTO: People queue at a supermarket outside the town of Casalpusterlengo, which has been closed by the Italian government due to a coronavirus […]

() – Gary Ginsberg, the global head of communications for SoftBank Group Corp (9984.T), has taken an indefinite leave of absence to advise Michael Bloomberg’s U.S. presidential campaign, people familiar with the matter said on Friday. U.S. Democratic presidential candidate Michael Bloomberg speaks at a campaign event in Memphis, Tennessee, U.S. February 28, 2020. /Karen […]

FILE PHOTO: Bank of England Deputy Governor Jon Cunliffe speaks at the ‘Future Forum 2017′ event in St George’s Hall, Liverpool, Britain November 16, 2017. /Phil Noble/File PhotoLONDON () – The rise of digital currencies such as Facebook’s (FB.O) Libra could lead to a drying up of credit flowing into the broader economy, Bank of […]