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ECB's policy message well understood by market: Visco

Investors have understood the European Central Bank's latest policy message "very well", ECB policymaker Ignazio Visco said on Sunday when asked about a rise in the euro despite the possibility of new monetary easing.



6 years ago

BOJ Kuroda: G20 reaffirms commitment to use all tools to fight risks

Bank of Japan Governor Haruhiko Kuroda said on Sunday the Group of 20 finance leaders reaffirmed their commitment to use all policy tools if risks to their economies materialize.



6 years ago

Bundesbank's Weidmann: U.S.-China row may reduce world trade by 1%

A trade dispute between the United States and China could reduce global trade by 1% in the medium term, Bundesbank President Jens Weidmann said on Sunday.



6 years ago

World's top economies lay out principles on debt sustainability at G20 meet

Finance leaders from the world's top economies on Sunday adopted new principles to ensure countries that lend and borrow for infrastructure spending do so in a sustainable manner, a move seen as addressing concerns that China's lending practices have saddled some emerging nations with huge debt.



6 years ago

French finance minister says necessary to preserve Renault-Nissan alliance

French Finance Minister Bruno Le Maire on Sunday said it was necessary to preserve the alliance between Renault SA and Japan's Nissan Motor Co Ltd, which he said has benefited the French automaker with synergies and technology.



6 years ago

Mnuchin says Huawei issue concerns national security, is separate from trade: CNBC

U.S. Treasury Secretary Steven Mnuchin said the U.S. government's steps against Chinese telecommunications company Huawei Technologies Co Ltd are a national security issue and not related to trade.



6 years ago

G20 finance chiefs express concern over risks from 'intensified' trade conflict

Group of 20 finance leaders on Sunday said that trade and geopolitical tensions have "intensified", raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict.



6 years ago

American Airlines extends Boeing 737 MAX cancellations through Sept. 3

American Airlines Group Inc said Sunday it is extending cancellations of about 115 daily flights into September due to the grounding of the Boeing 737 MAX.



6 years ago

Canadian oil pipeline congestion sets up lucrative storage play

Upheavals in the Canadian crude market are providing unique opportunities for firms with sizeable long-term leases on Alberta storage tanks, a cluster that sources say includes Mercuria Energy Group and oil major BP Plc's trading arm.



6 years ago

American Airlines extends Boeing 737 MAX cancellations through September 3

American Airlines Group Inc said Sunday it is extending cancellations of about 115 daily flights into September due to the grounding of the Boeing 737 MAX.



6 years ago

Renault may block Nissan reform over boardroom dispute: source

Renault has signaled it will block reforms launched by alliance partner Nissan in the wake of the Carlos Ghosn scandal unless it is granted representation on new board committees, a source close to the French carmaker said.



6 years ago

Raytheon and United Technologies to merge aerospace businesses

Raytheon Co and United Technologies Corp on Sunday agreed to combine their aerospace businesses.



6 years ago

Raytheon, United Technologies merge into $74 billion aerospace giant

Raytheon Co and United Technologies Corp on Sunday agreed to combine their aerospace businesses in an all-stock deal, creating a $74 billion industry leader.



6 years ago

S&P 500 futures jump as trading resumes after Trump calls off tariffs on Mexico

U.S. equity futures rose when trading resumed on Sunday after the United States and Mexico struck a deal late Friday to avert a tariff war, with Mexico agreeing to meet U.S. demands to stem the flow of illegal Central American migrants.



6 years ago

United Technologies to merge aerospace business with Raytheon

United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. defense contractor Raytheon Co and create a new company worth more than $120 billion, in what would be the industry's biggest ever merger.



6 years ago