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Updated: 12 hours 22 min ago

American Airlines extends Boeing 737 MAX cancellations through September 3

Sun, 06/09/2019 - 20:17
American Airlines Group Inc said Sunday it is extending cancellations of about 115 daily flights into September due to the grounding of the Boeing 737 MAX.

Mnuchin says Trump could ease up on Huawei if trade talks advance

Sun, 06/09/2019 - 18:49
U.S. Treasury Secretary Steven Mnuchin said on Sunday that President Donald Trump might ease U.S. restrictions on Huawei if there was progress in the trade row with China - but absent a deal, Washington would maintain tariffs to cut its deficit.

France's Le Maire says 'essential' to bolster Renault-Nissan alliance

Sun, 06/09/2019 - 18:34
French finance minister Bruno Le Maire on Sunday said it was vital that Renault and Nissan Motor strengthen their alliance as the auto industry undergoes rapid change in the areas of electric and connected vehicles.

Italy finmin confident of budget compromise with EU

Sun, 06/09/2019 - 17:56
Italian Finance Minister Giovanni Tria said on Sunday he was sure he would be able to hatch a deal with the European Commission over Italy's public finances despite threats of disciplinary action.

ECB policymakers open to cut rates if growth weakens: sources

Sun, 06/09/2019 - 16:56
European Central Bank policymakers are open to cutting the ECB's policy rate again if economic growth weakens in the rest of the year and a strong euro hurts a bloc already bearing the brunt of a global trade war, two sources said.

Japan's Aso says did not raise FX provision issue in talks with Mnuchin

Sun, 06/09/2019 - 16:50
Japanese Finance Minister Taro Aso said on Sunday he did not raise, at a bilateral meeting with U.S. Treasury Secretary Steven Mnuchin, the issue of whether to include a currency provision in a two-way trade deal with the United States.

G20 agrees to wrap up Big Tech tax rules by 2020

Sun, 06/09/2019 - 16:45
Group of 20 finance ministers agreed on Sunday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final communique issued by the bloc showed on Sunday.

RBI to enhance monitoring of shadow banking firms: governor

Sun, 06/09/2019 - 15:29
Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector.

BOJ Kuroda: G20 reaffirms commitment to use all tools to fight risks

Sun, 06/09/2019 - 15:19
Bank of Japan Governor Haruhiko Kuroda said on Sunday the Group of 20 finance leaders reaffirmed their commitment to use all policy tools if risks to their economies materialise.

Bundesbank's Weidmann: U.S.-China row may reduce world trade by 1%

Sun, 06/09/2019 - 15:10
A trade dispute between the United States and China could reduce global trade by 1% in the medium term, Bundesbank President Jens Weidmann said on Sunday.

In stagnant Japan, ECB policymakers catch glimpse of their own future

Sun, 06/09/2019 - 15:02
Europe's top central bankers who met their global peers in Japan this weekend may have caught a glimpse of their own future.

World's top economies lay out principles on debt sustainability at G20 meet

Sun, 06/09/2019 - 14:44
Finance leaders from the world's top economies on Sunday adopted new principles to ensure countries that lend and borrow for infrastructure spending do so in a sustainable manner, a move seen as addressing concerns that China's lending practices have saddled some emerging nations with huge debt.

IMF's Lagarde urges G20 to prioritise resolving trade tensions

Sun, 06/09/2019 - 14:33
International Monetary Fund Managing Director Christine Lagarde on Sunday called on the Group of 20 major economies to prioritise resolving trade tensions to mitigate risks to global growth.

China calls in foreign tech firms after Huawei sales ban - sources

Sun, 06/09/2019 - 14:30
China summoned global technology companies for talks last week following last month's U.S. ban on selling technology to China's Huawei Technologies Co Ltd [HWT.UL], two people familiar with the matter told Reuters on Sunday.

U.S. Mnuchin says had 'candid' talks on trade with PBOC head

Sun, 06/09/2019 - 11:12
U.S. Treasury Secretary Steven Mnuchin said in a tweet on Sunday he had a "constructive meeting" with People's Bank of China Governor Yi Gang, including a "candid discussion" on trade issues.

How much does lithium cost? The industry can't seem to agree

Sun, 06/09/2019 - 10:33
Opaque pricing for lithium, the powerhouse metal fueling the electric vehicle revolution, is expected to be top of mind this week as the industry's leaders gather in Santiago, with calls rising for more transparency to attract much-needed expansion funding.

Brazil's Vale will invest $1.9 billion to shut down nine dams: filing

Sun, 06/09/2019 - 09:18
Brazilian mining company Vale SA said it will spend $1.9 billion for the decommissioning of nine tailing dams in the Brazilian state of Minas Gerais, according to a securities filing late on Friday.

UK’s Johnson threatens to withhold $50 billion Brexit payment

Sun, 06/09/2019 - 09:05
Boris Johnson, the leading candidate to succeed Theresa May as Britain's next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms.

United Technologies nears deal to merge aerospace unit with Raytheon: source

Sun, 06/09/2019 - 08:39
United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defence contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matter said on Saturday.

Iran has no plans to leave OPEC despite tensions: oil minister

Sat, 06/08/2019 - 20:04
Iran has no plans to leave the Organization of the Petroleum Exporting Countries despite being treated like an enemy by some fellow members, Oil Minister Bijan Zanganeh said in an interview published on Saturday.

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