Japan will eliminate the tariffs on U.S. wine within five to seven years after the trade agreement goes into effect, the Nikkei reported without giving its sources.
(Bloomberg) — Russia’s ruble is once again the year’s best performer in emerging-markets and benchmark bond yields have dropped to levels not seen since before the annexation of Crimea as a dovish central bank and renewed risk appetite help extend a rally.
NEW YORK (Reuters) – With U.S.-China trade tensions roiling markets, investors are counting on support for stocks coming from a Federal Reserve willing to keep cutting interest rates to help the U.S. economy avoid a severe downturn.
The Frankfurter Allgemeine Zeitung cited a person with knowledge of the appointment as saying Duesmann will start as Audi chief on April 1.
Saudi Arabia has yet to comment on the extent of damage on its oil production but industry sources have said some 5-6 million barrels per day (bpd) or 5-6% of global supply have been affected.
Investing.com – The pound rose on Friday on a newspaper report that the U.K. government is contemplating some type of regulatory divergence between Northern Ireland the U.K. in an attempt to secure a Brexit deal.
The government of the anti-establishment 5-Star and the far-right League, which quit the coalition in August, had set a target of raising 18 billion euros ($19.93 billion) this year from the sale of public assets.
DETROIT (Reuters) – The United Auto Workers (UAW) said late on Saturday it would not extend its contract with General Motors Co (N:GM) and would decide on a course of action at a meeting of union leaders in Detroit Sunday morning that could result in talks resuming or possibly workers going out on strike.
The former defense minister has tapped into a wellspring of resentment of the ultra-Orthodox, attracting a new base of voters.