Business / AutoOctober 26, 2017

Auto workers' union rolls the dice at Nissan's Mississippi plant

CANTON, Miss (Reuters). For nearly a decade, United Auto Workers have been trying to organize workers at the Nissan Motor Co Ltd (7201.T) assembly plant here, challenging the company's wages, safety record and [...]
BusinessOctober 26, 2017

Dollar in holding pattern as Fed two days policy meeting gets underway

On Tuesday, the dollar is trading against the basket of world currencies, as the Fed's two-day policy on exchange rate policy overshadows economic data, demonstrating an improvement in consumer optimism about the US [...]
BusinessOctober 26, 2017

Bitcoin and Ethereum slump continues

Bitcoin continued to abandon recent successes, as investors considered additional obstacles that needed to be cleared before the bitcoins network could handle additional data. On the GDAX exchange, based in the US, [...]
BusinessOctober 26, 2017

Euro steady ahead of ECB yen dips after BoJ

On Thursday, the euro slightly changed against the US dollar, as investors waited for new signals from the European Central Bank about the future of its stimulus program, while the yen was able to continue after the [...]
BusinessOctober 26, 2017

Forex - Sterling remains lower, shrugs off upbeat UK retail sales

The pound remained weak against the slightly stronger US dollar on Thursday, despite evidence that retail sales in the UK rose faster than expected in June. GBP / USD was at the level of 1.2969 to 05.24 in the Eastern [...]
BusinessOctober 26, 2017

Yen in the dumps as carry trades flower

LONDON (Reuters) - The Japanese yen stayed on its feet against higher-yielding currencies, such as the Australian dollar, on Friday after good statements by major politicians confirmed market expectations last week that [...]
BusinessOctober 26, 2017

Dollar sinks to 10-month low on weak inflation and retail sales data

The dollar fell to a 10-month low against the basket of world currencies on Friday, after the duo of economic reports showed a slowdown in inflation and retail sales, indicating a weakness in the US economy. The US [...]
News / BusinessSeptember 1, 2017

Asia tracks Wall St. higher, dollar advance slows before jobs data

    Asian equities followed Wall Street’s gains overnight and edged higher on Friday while the dollar’s advance slowed ahead of the U.S. jobs report due later in the session. Spreadbetters expected [...]
BusinessSeptember 1, 2017

U.S. labor board files complaint against Tesla over worker rights

  The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc (TSLA.O), saying it found merit to workers’ complaints about unfair labor practices. [...]
BusinessSeptember 1, 2017

Crude falls as flooding from Harvey roils U.S. oil industry

  Crude futures fell on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry following Hurricane Harvey with nearly a quarter of U.S. refining capacity offline. [...]