FILE PHOTO: FCA Chairman John Elkann is seen before an event at the Bocconi University in Milan, Italy May 27, 2019. REUTERS/Alessandro Garofalo PEBBLE BEACH, Calif. (Reuters) – Italian premium sports car maker Ferrari NV (RACE.MI) will expand sales of easier-driving grand touring cars, but will not try to chase rival Porsche’s annual sales volume,
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FILE PHOTO: Argentina’s Treasury Minister Nicolas Dujovne gestures during a news conference in Buenos Aires, Argentina April 22, 2019. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Argentina’s Treasury Minister Nicolas Dujovne has resigned, saying in a letter seen by Reuters on Saturday he believed the government needed “significant renewal” in its economic team amid a crisis
A logo of Standard Chartered is displayed at the financial Central district in Hong Kong, China November 23, 2017. REUTERS/Bobby Yip (Reuters) – Standard Chartered PLC (STAN.L) is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday. Britain’s Office of Financial Sanctions Implementation, which includes police and intelligence officers as
FILE PHOTO: Apple CEO Tim Cook laughs with U.S. President Donald Trump as the news media leave the room after the two men spoke while participating in an American Workforce Policy Advisory Board meeting in the White House State Dining Room in Washington, U.S., March 6, 2019. REUTERS/Leah Millis (Reuters) – U.S. President Donald Trump
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag
NEW YORK (Reuters) – Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million gain on a convertible note that made losses at the coworking firm appear a lot smaller. FILE PHOTO: The WeWork logo is displayed outside
LONDON (Reuters) – Oil fell 2% toward $58 a barrel on Thursday, extending the previous session’s 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford/File Photo In a sign of investor concern that
WASHINGTON (Reuters) – China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said on Wednesday, adding that talks aimed at resolving the trade fight would continue and markets should be patient. FILE PHOTO: U.S. Commerce Secretary Wilbur Ross speaks during
Scott Page, enterprising visionary architect of Think EXP: has essentially taken T-shirt concert merchandise to the next level with the help of Rich Stein and Matthew Olson from Tap2Interact. In keeping within the very quintessence of Think:EXP which “strives to bridge the gap between the human spirit and technological innovation with one of a kind
LONDON (Reuters) – Oil prices fell on Wednesday on disappointing economic data from China and Europe and a rise in U.S. crude inventories, partly erasing the previous session’s sharp gains after the United States said it would delay tariffs on some Chinese products. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February
FILE PHOTO: A trader works below the CBS Corporation logo on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., May 14, 2018. REUTERS/Lucas Jackson/File Photo (Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) have reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment
Search the Internet for the top 10 “inventions” of all time and you’ll come up with fire, the wheel, the printing press, the Internet, etc. Change the search for “innovations” and some of the same items appear again: fire and the printing press, for example. Who among us believes we can come up with new
FILE PHOTO: Logo of lamp manufacturer Osram is pictured during official opening of the company ‘World of light’ showroom in Munich, Germany, October 24, 2017. REUTERS/Michaela Rehle VIENNA (Reuters) – Sensor specialist AMS (AMS.S) (AMS.VI) on Tuesday said it took note of Osram’s willingness to discuss a takeover and was looking forward to discussions. The
NEW YORK (Reuters) – U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession. All three major U.S. stock indexes closed sharply lower in light trading, with little to soothe market jitters
ZURICH (Reuters) – ABB (ABBN.S) shares jumped almost 4% in early Monday trading as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment firm Sandvik (SAND.ST) to be its next chief executive. FILE PHOTO: The logo of Swiss power technology and automation group ABB is seen at the Swiss
FILE PHOTO: CEO of lamp manufacturer Osram Olaf Berlien poses during the opening of the company ‘World of light’ showroom in Munich, Germany, October 24, 2017. REUTERS/Michaela Rehle/File Photo VIENNA (Reuters) – Apple supplier AMS AG (AMS.S) on Sunday said it plans to make an all-cash takeover bid for German lighting group Osram (OSRn.DE), offering