Trade engine shifts down just as global growth needs a boost

Policymakers scrambling to keep the world economy from settling into the "new mediocre" of sluggish growth can no longer rely on global trade to do the heavy lifting.


Singapore's SMRT considering $1.3 billion bid for London taxi firm

Singapore public transportation operator SMRT Corp Ltd is considering an 800 million pound ($1.3 billion) takeover bid for unlisted British taxi company Addison Lee, Sky News said on Saturday.

Fiat Chrysler crowns merger with Wall Street debut

Fiat Chrysler Automobiles (FCA) makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.

Ukraine, Russia central bankers quip, shake hands in Washington

Female central bankers from Ukraine and its bitter rival Russia took the stage together in Washington on Saturday and described differing fallout from the conflict in eastern Ukraine.


Latest News

Armored AutoGroup Inc is exploring an initial public offering that could value the maker of car care products at more than $1.5 billion, including debt, according to people familiar with the matter.
Vernalis plc (LSE: VER) today announces it has opened its US office in Berwyn, Pennsylvania and has strengthened its US Executive team with the appointment of Dr Pascal Borderies, as SVP Medical Affairs. A physician by training, Pascal joins Vernalis from Actavis' subsidiary
Airbus took a step on Friday toward opening a second plant in China by signing a letter of intent with Chinese authorities to set up a cabin completion center for its wide-body A330 jets.
Vernalis plc today announces that it has licensed worldwide rights in vipadenant (V2006), a small molecule A2A receptor antagonist, to RedoxTherapies Inc (Redox). Vipadenant has the potential to disrupt an immunosuppressive mechanism of tumor protection, generating improved efficacy for immunotherapies of certain cancers when used in combination.
An art collection amassed by the late movie star Lauren Bacall, including eight sculptures by Henry Moore, will go under the hammer next year in New York, Bonhams auction house said on Friday.
Ireland is set to announce legal changes next week to phase out the "Double Irish" tax arrangement that has let firms such as Google (GOOGL.O) save billions of dollars, two sources familiar with the matter said.
Egypt has paid back $500 million to Qatar and will soon return the remainder of the money the Gulf state deposited into the Egyptian central bank after the 2011 revolution, the bank's governor said on Saturday.
California-based Mapp Biopharmaceutical Inc is making progress in efforts to boost production of the experimental Ebola treatment ZMapp, as the deadly virus continues to spread through West Africa and beyond, the company said Friday.
Nissan Motor Co is recalling about 238,000 Altima sedans from the 2013 model year because a secondary hood latch may not hold, increasing the risk of a crash, U.S safety regulators and the company said on Friday.
European planemaker Airbus (AIR.PA) still plans to deliver its first A350 wide-body plane to launch customer Qatar Airways this year, but is aware that it is working for a "demanding" customer, its chief executive said on Friday.