Archive of 11 June 2019

Paris wheat ends higher after USDA report lifts Chicago

HAMBURG: European wheat futures in Paris took their cue from strong Chicago markets on Tuesday, reversing earlier losses, after new crop estimates from the US...

End of the road for Volkswagen’s self-driving Aurora deal

BERLIN: Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms...

Morgan Stanley CEO slams US trade policy, regulations

NEW YORK: The United States is edging dangerously close to a "full-blown" trade war with China, and its regulators impose overly punitive financial regulations, Morgan...

Corn hits one-week high as USDA cuts yield more than expected

CHICAGO: US corn futures climbed to a one-week high on Tuesday after the US Department of Agriculture (USDA) made a bigger-than-expected cut to its yield...

Biden says Trump destroying auto industry, but president hits back

Speaking in Iowa on the same day as Donald Trump, Democratic presidential hopeful Joe Biden denounced the Republican US president's trade policies, saying they were...

Strong demand at $38bn auction of US 3-year Treasury notes

NEW YORK: The US Treasury's auction of $38 billion worth of new three-year notes was met with strong demand on Tuesday, as indirect bidders took...

Shell to invest at least $397mn in Mexican deepwater oil projects

MEXICO CITY: Mexico's independent oil regulator on Tuesday approved deepwater exploration plans for five areas operated by Royal Dutch Shell Plc in Mexican waters near...

Close
Close