NEW DELHI - The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources told Reuters, widening the two countries' row over tariffs and trade.
Upcoming trade talks between the leaders of China and the United States are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chinese state media said on Thursday.
U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday, citing seven people it said were familiar with the inquiry.
T-Mobile US Inc is preparing an alternative plan if a deal to sell wireless assets to Dish Network Corp falls through, according to two sources familiar with the matter.
Chinese state media said former Interpol chief Meng Hongwei admitted his guilt during a court hearing on Thursday after prosecutors accused him of taking 14.5 million yuan ($2.11 million) in bribes.
A gauge of global stock markets rose on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year.
The list of retail casualties shutting up shop seems to grow by the month but Inditex, the world's largest clothing retailer, is still betting on its network of physical stores to drive growth.
| STOCKS | BONDS | CURRENCIES | COMMODITIES |
|---|
|
| Name | Yield | Change |
|---|---|---|
| US 10YR |
+1.984
|
-0.043 |
| DE 10YR |
-0.291
|
-0.005 |
| JP 10YR |
-0.149
|
-0.015 |
| Name | USD | EUR | JPY |
|---|---|---|---|
| USD | 1 | 1.1265 | 0.0093 |
| EUR | 0.8875 | 1 | 0.0082 |
| JPY | 107.6400 | 121.2600 | 1 |
| Index | Last | Chg |
|---|---|---|
| Gold |
1,344.60
USD
|
+0.00
Exp: Jun 19
|
| Copper |
2.70
USD
|
+0.02
Exp: Jun 19
|
| Crude Oil |
54.57
USD
|
+0.81
Exp: Jun 19
|
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