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German ministers: No talk of subsidies for Tesla's Berlin plans

Economy Minister Peter Altmaier said on Wednesday that there had been no discussion yet of German government subsidies for U.S. electric vehicle pioneer Tesla , which has said it will build its first European factory near Berlin.



6 years ago

Exclusive: U.S. manufacturing group hacked by China as trade talks intensified - sources

As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald Trump's trade policies, according to two people familiar with the matter.



6 years ago

Futures fall as Trump speech clouds trade deal hopes

U.S. stock index futures fell on Wednesday, a day after the S&P 500 and Nasdaq hit new record highs, as a lack of clarity on U.S.-China trade relations from President Donald Trump and escalating tensions in Hong Kong dampened risk appetite.



6 years ago

Brexit drove Tesla to pick Berlin over Britain for new factory: report

Britain missed its chance to host the first European factory of U.S. electric vehicle pioneer Tesla because of Brexit, Chief Executive Elon Musk said in remarks reported on Wednesday.



6 years ago

Russia to cut share of U.S. dollar in National Wealth Fund, mulls other currencies

Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday.



6 years ago

Takeaway CEO has no plans to raise $5.5 billion Just Eat bid

Takeaway.com Chief Executive Jitse Groen said on Wednesday he did not intend to increase a 4.3 billion pound ($5.5 billion) offer for Britain's Just Eat , despite a higher unsolicited bid from larger rival Prosus .



6 years ago

Tesla's Berlin move reflects Germany's carmaking prowess: minister

German Economy Minister Peter Altmaier said on Wednesday that U.S. electric vehicle pioneer Tesla's announcement that it will build its first European factory near Berlin was a result of Germany being renowned as a carmaking hub.



6 years ago

Google to offer checking accounts for consumers: WSJ

Alphabet Inc's Google will offer checking accounts to customers starting next year in a finance push, the Wall Street Journal reported on Wednesday.



6 years ago

Unilever appoints Nils Andersen as chairman, replacing Dekkers

Unilever named Danish businessman Nils Andersen as chairman on Wednesday, hoping his experience of consumer goods and logistics will help the group navigate a slowdown in its biggest markets and re-energize its foods business.



6 years ago

European shares knocked off four-year highs by Trump speech

European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to "substantially" increase tariffs if China failed to agree a trade deal, and he also took a swipe at European Union trade policies.



6 years ago

Google is getting into banking with the search giant set to offer checking accounts next year

Google will become the latest technology company to wade into banking with the search giant set to offer checking accounts next year, a source says.

6 years ago

Open enrollment for workplace benefits is almost over. Here are five last-minute tips

As this year's open enrollment season winds down, there are a few benefits decisions worth revisiting before it's too late.

6 years ago

UBS boss Ermotti fears Europe's banks 'too small to survive'

UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to remain competitive.



6 years ago

U.S. consumer prices increase more than expected in October

WASHINGTON, Reuters) - U.S. consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.



6 years ago

Alibaba to spend more on travel, entertainment after $13.4 billion listing

Chinese e-commerce giant Alibaba Group plans to ramp up investment in its online entertainment, content and travel platforms with the proceeds from a planned $13.4 billion Hong Kong listing.



6 years ago