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EU leaders' tentative deal on top jobs hits opposition in parliament

French President Emmanuel Macron sought to break a deadlock over the EU's top jobs on Tuesday by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said.



6 years ago

The future of finance report

Bank of England Review of UK’s financial system | By Huw van Steenis | June 20, 2019 Overview My report, The Future of Finance , looks at how the economy is changing; how finance can serve and support these changes; and what it could mean for the Bank of England. We have looked beyond the

6 years ago

Major companies call on U.S. Supreme Court to rule in favor of LGBT workers

More than 200 U.S. companies, including Amazon , Alphabet Inc's Google , and Bank of America , on Tuesday urged the U.S. Supreme Court to rule that federal civil rights law prohibits discrimination against gay and transgender workers.



6 years ago

Wall St. muted as trade optimism fades

Wall Street's main indexes were subdued on Tuesday, as a trade truce-fueled relief rally in the previous session fizzled out after the United States threatened additional tariffs on European goods.



6 years ago

Oil dives 3% on demand worries even as OPEC, allies extend cuts

Oil prices fell more than 3% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand.



6 years ago

RBC analyst Mahaney downgrades Roku shares, which have nearly tripled this year

RBC Capital Markets lowered its rating Roku to sector perform from outperform after the stock has nearly tripled this year.

6 years ago

Canada aboriginal pipe dream might end Trudeau's Trans Mountain nightmare

An indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the Canadian government this week or next, a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalists.



6 years ago

Scottish government 'deeply concerned' whisky involved in U.S.-EU trade dispute

The Scottish government said on Tuesday it is "deeply concerned" about Scotch whisky being implicated in a long-running trade dispute between the United States and the European Union.



6 years ago

EU leaders agree on France's Lagarde to lead ECB

European Union leaders agreed on Tuesday to name Frenchwoman Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the other four top jobs in the bloc after tortuous marathon talks exposed their deepening divisions.



6 years ago

It can be hard to predict the future. Why you should save anyway

A lot of young people can't easily imagine where they're headed. Here's how to make sure you're prepared for a variety of outcomes.

6 years ago

Kering crown jewel Gucci banks on high-end gems for growth

Gucci, the luxury brand that powers most of parent Kering's profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris - part of its bid to expand its reach after a blowout fashion makeover.



6 years ago

DoJ pushes T-Mobile to give more to Dish: CNBC

Dish Network Corp and T-Mobile US Inc are nearing a deal with the U.S. Department of Justice on a hosting agreement that would push Dish as a new U.S. wireless competitor, CNBC reported on Tuesday, citing sources.



6 years ago

Wall Street looks to earnings after strongest June in decades

On the heels of the S&P 500's best June performance in more than six decades, investors are anxious to see whether earnings can justify further gains as the largest U.S. companies open their books in the coming weeks.



6 years ago

Wall St. dips as trade-fueled relief rally loses steam

U.S. stocks edged lower on Tuesday, as a relief rally sparked by optimism over the U.S.-China trade truce stalled after the United States threatened tariffs on additional European goods.



6 years ago

Stocks stall as trade enthusiasm fades

U.S. stocks held near the unchanged mark on Tuesday as optimism over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods, stalling a recent rally.



6 years ago