WASHINGTON Jerome Powell heads for his first interest rate increase as Federal Reserve Chairman this week with an unanswered question looming above others: could his optimism about the U.S. economy lead to more hikes than markets have prepared for? | Video
- World stocks on longest slide since November as Fed caution hits
- Exclusive: 'Where can I buy?' - Google makes push to turn product searches into cash
- How China's ride-hailing giant Didi plans to challenge Uber in Mexico |
- Alibaba doubles Lazada investment to $4 billion in aggressive Southeast Asian expansion
Recent Business News
BEIJING After 20-odd years of "marriage" in China, Ford Motor Co is having relationship issues. | Video
MUMBAI Drivers for app-based cab aggregators Uber and Ola started an indefinite strike across India on Monday, demanding extra pay as a surge in the number of cabs on the two platforms, coupled with cutbacks in incentive payments, have stung drivers.
BERLIN German Finance Minister Olaf Scholz is "seriously concerned" about a trade stand-off with the United States, he told mass-selling daily newspaper Bild.
NEW YORK Real estate brokers scoff that just a fraction of U.S. office space is occupied by co-working and other flexible workspace options, yet data shows over one-quarter of new leases signed in the past two years came from this burgeoning business.
PARIS Societe Generale SA said on Monday that it hoped to resolve "within weeks" U.S. investigations into alleged Libor rigging and transactions made by the French bank involving Libyan counterparts.
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