donald-trump

VW no longer expects tax demands in Germany related to diesel scandal

Volkswagen does not expect the German government to make tax demands to cover revenue losses related to the carmaker's diesel scandal, a company spokesman said on Saturday. In Germany, motor vehicle taxes are tied to the

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VW no longer expects tax demands in Germany related to diesel scandal

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China pledges further opening as leaders scramble for free trade

By Rosalba O'Brien and Kiyoshi Takenaka LIMA (Reuters) – Chinese President Xi Jinping pledged to open the economy further on Saturday as leaders of Asia-Pacific countries sought new free-trade options following Donald Trump's election to U.S. president on promises to scrap or renegotiate trade deals. All eyes were on China at this year's APEC summit in Lima, Peru just over a week after Trump's surprise victory in the United States …

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China pledges further opening as leaders scramble for free trade

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Under pressure on U.S. jobs, Ford tries new gambit with Trump

Ford Motor Co , one of Donald Trump's prime corporate targets on the campaign trail, offered the President-elect a chance to claim a victory late on Thursday by informing him it would not shift production of a Lincoln sport utility vehicle to Mexico from Kentucky. Trump jumped at the chance, claiming in…

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Under pressure on U.S. jobs, Ford tries new gambit with Trump

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Dollar soars as U.S. yields spike; global shares divided

By Marc Jones LONDON (Reuters) – The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher. The pan-European STOXX 600 index rose 1.1 percent, underpinned by gains among banks on hopes higher interest rates will help their profits and mining companies, which have been cheering Trump's…

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Dollar soars as U.S. yields spike; global shares divided

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Election over, U.S. Congress pivots to lame-duck debate over spending

With a bitter election campaign finally over, the U.S. Congress will reconvene this week to try to set aside its partisan differences long enough to keep the government from closing. As President-elect Donald Trump shapes his administration, Republicans are expected to move away from initial plans for compromise funding legislation and opt instead for a short-term measure to keep the…

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Election over, U.S. Congress pivots to lame-duck debate over spending

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Asia shares rebound in sharp turnaround from Trump shock

By Wayne Cole and Shinichi Saoshiro SYDNEY/TOKYO (Reuters) – Asian shares rebounded on Thursday and the dollar firmed in a remarkable snapback from the shock of Republican Donald Trump's presidential victory, though the speed of the reversal left some market watchers scratching their heads. MSCI's broadest index of Asia-Pacific shares outside Japan bounced 1.7 percent after dropping 2.4 percent on Wednesday as global markets plunged as Trump swept to power. “Markets…

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Asia shares rebound in sharp turnaround from Trump shock

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China launches $11 billion fund for Central, Eastern Europe

China has set up a 10 billion euro ($11.15 billion) investment fund to finance projects in Central and Eastern Europe, Industrial and Commercial Bank of China said in a statement issued on Sunday. The China-Central Eastern Europe fund will

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China launches $11 billion fund for Central, Eastern Europe

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Mexico peso jumps after FBI clears Clinton over emails ahead of election

Mexico's peso jumped on Sunday after the FBI announced it stood by a previous decision to not charge Democratic candidate Hillary Clinton over emails related to her private server, a decision that comes just two days before the election. The peso , which has been hit by the rise of Republican candidate Donald Trump and his policies that are seen hurting Mexico's economy, extended gains to rise 2.25 percent…

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Mexico peso jumps after FBI clears Clinton over emails ahead of election

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Ex-President George W. Bush dips toe into U.S. trade debate

By David Lawder DALLAS (Reuters) – Former U.S. President George W. Bush on Tuesday entered the debate over the Trans-Pacific Partnership, hosting a forum at his presidential library extolling his successor's Asian free trade deal. Bush, who signed several such accords during his two terms in office, met with U.S. Trade Representative Michael Froman before the event to promote the strategic benefits of the agreement. President Barack Obama is still pushing for Congress to approve the 12-country TPP following the Nov. 8 presidential election, even though both …

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Ex-President George W. Bush dips toe into U.S. trade debate

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Nissan, dealers fined 6 million euros over antitrust practices in Spain

MADRID (Reuters) – Spanish competition regulator CNMC said on Monday that Nissan's unit in the Iberian Peninsula and several of its autodealers had been fined 6 million euros ($6.69 million) over antitrust practices.

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Nissan, dealers fined 6 million euros over antitrust practices in Spain

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