WASHINGTON/HOUSTON (Reuters) – The U.S. Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate acti…
WASHINGTON (Reuters) – Including funds that banks set aside to cover potential losses, known as capital buffers, in the annual stress tests that U.S. regulators administer to financial institutions would lead to big banks holding more capital, the fede…
MAINZ, Germany (Reuters) – The U.S. administration should blame itself rather than Germany for a recent strengthening of the dollar against the euro, the head of Germany’s Bundesbank said on Tuesday.
WASHINGTON (Reuters) – Volkswagen Group of America on Tuesday announced a U.S. subsidiary that will manage $2 billion in investments in zero emission vehicle infrastructure and awareness programs over a decade as part of a court settlement over its exc…
PARIS/MILAN (Reuters) – Fiat Chrysler vehicles were allowed to skip key tests for illegal engine software during Italy’s main emissions-cheating investigation in the wake of the Volkswagen scandal, according to the transport ministry’s own report.
WASHINGTON (Reuters) – German automaker BMW AG has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical components in vehicle trunks.
WASHINGTON (Reuters) – The U.S. trade deficit fell in December as exports hit their highest level in more than 1-1/2 years amid record shipments of technology products, but strengthening domestic demand points to further rises in imports, which could c…
LONDON (Reuters) – President Donald Trump’s review of post-crisis banking rules could sound the death knell for new global standards now being finalised and rip apart a common approach to regulating international lenders, bankers and regulators said.
DETROIT (Reuters) – General Motors Co said on Tuesday that fourth-quarter net income fell partly on the strength of the dollar against the British pound and forecast flat 2017 profit per share, sending shares tumbling nearly 5 percent.
(Reuters) – Michael Kors Holdings Ltd forecast current-quarter profit below estimates, raising concerns that the company’s efforts to reinvigorate its brand was taking much longer than expected, sending the handbag maker’s shares down 15 percent.
(Reuters) – The dollar will resume its upward climb in the coming year, but extreme near-term moves in either direction are possible, driven more by U.S. President Donald Trump’s expected fiscal stimulus than by his words, a Reuters poll found.
TEL AVIV (Reuters) – The chief executive of Teva Pharmaceutical Industries has stepped down, leaving new management to overhaul the world’s biggest maker of generic drugs and restore confidence after a series of missteps sent its shares plummeting.
BERLIN (Reuters) – The European Union could revive talks on a free trade deal with the United States under the administration of President Donald Trump, European Commission Vice President Jyrki Katainen said on Tuesday.
MILAN (Reuters) – Fiat Chrysler reiterated its diesel vehicles were fully compliant with applicable emissions requirements, a spokesman said on Tuesday after the French authorities referred the carmaker’s case for possible prosecution.