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Donald Trump said to tap David Malpass for International Treasury Post

Malpass will report to the Treasury secretary on the U.S.’s international economic relationships, most importantly with China.

George W Bush, Donald Trump, David Malpass, U.S. Treasury, China, America, Economic Election News

Germany picks anti-Donald Trump president as Trans-Atlantic bonds fray

Frank-Walter Steinmeier, the former German foreign minister who was a vocal critic of Donald Trump during the U.S. campaign, was elected as the country’s 12th postwar president.

World News

Immigration ban: Donald Trump aide says courts took power that belongs ‘squarely in hands of president’

Trump said Sunday on Twitter that 72 percent of the refugees admitted since the executive order was halted came from the seven countries. Refugees, who undergo a rigorous, often years-long screening process to enter the U.S.

Russia, Donald Trump, Vladimir Putin, Russia, United States News

Royal Bank of Scotland said to Plan More Than $1 Billion of Cost Cuts as Jobs Pared

RBS has said it will unveil fresh plans to meet profit targets alongside annual results on Feb. 24. The Sunday Times, citing an analyst its didn’t identify, said RBS needed to cut 15,000 jobs. An RBS spokeswoman, who declin

Royal Bank of Scotland Group, UK, Ross McEwan, Gerry Mallon, Irish Branches, Ulster Bank, News

Donald Trump’s twitter outbursts can’t drown out the law, Denmark says

From across the Atlantic, a small Scandinavian nation often mentioned during the U.S. election campaign is now trying to make sense of the signals coming from the former reality TV star who unexpectedly made it into the White

World News

Toyota, General Motors, Ford, Uber in pursuit for the best self-driving car: Here is how the race is getting hotter

Ford Motor Co. is investing $1 billion in a months-old startup founded by two pioneers in the nascent autonomous vehicle sector.

Industry News

How India, China and Japan are experimenting with their economies

Radical. That’s probably the single adjective that best covers the disparate economic policies being pursued in Asia’s three largest economies. In Japan the government of Shinzo Abe is embarked on the 2.0 iteration of his

Economy News

Donald Trump promises new security action next week after court setback

President Donald Trump said his government will act anew on U.S. security next week, after a federal appeals court decided not to reinstate his ban on travel from seven Muslim-majority countries.

President Donald Trump, Donald Trump immigration, Travel Ban, Muslim-majority countries, Syrian refugees, Mark Zuckerberg on Trump, Satya Nadella on Trump News

Facebook commits to audit of ad metrics by media watchdog

Facebook Inc. agreed to submit to audits by the media industry’s measurement watchdog, the Media Rating Council, a move that could appease some advertising executives who had become skeptical of the social network’s metri

Industry News

Donald Trump’s travel ban is not recruiting more terrorists: Eli Lake

Since President Donald Trump last month issued an executive order banning travel from seven Muslim majority nations, we've heard a lot about how it will aid jihadists.

World News

Uber suffers for US President Donald Trump ties that leave musk unsullied

While Uber got shellacked for its link to President Donald Trump, the electric carmaker and sometimes-rival Tesla Inc. has comfortably weathered its association with a president who has lower approval ratings than any predece

Industry News

Meet Facebook, your new financial regulator: Cathy O’Neil

Maybe it’s not so bad to have algorithmic overlords -- at least when they are pressured into protecting people rather than exploiting them.

Industry News

Binky Chadha, biggest stock market bull, says Donald Trump rally is just beginning

Binky Chadha, Deutsche Bank AG’s chief global strategist and the most optimistic stock market analyst on Wall Street, says the rally since Donald Trump’s election is only beginning.

Markets News

China to face biggest cash crunch test next week: Over $151 bn set to leave already stretched financial system

China will face one of the biggest tests of its campaign to contain corporate leverage next week, with more than $151 billion set to leave the already stretched financial system.

Economy News

After pioneering online flash sales in China, Xiaomi now turns to old-fashioned retail to arrest slide

After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi Corp. is turning to old-fashioned retail to arrest its slide.

Industry News

PM Narendra Modi’s demonetisation bodes well for investors

On Nov. 8, Prime Minister Narendra Modi of India surprised investors and consumers by declaring that 86 percent of the nation’s money stock would no longer be a medium of exchange or store of value.

Markets News

Is Infosys’ gold standard for corporate governance over?

The board of Infosys Ltd., India’s second-largest technology services company, is facing questions over executive compensation and corporate governance in a letter sent by at least three of its founders, according to people

Markets News

Microsoft can pursue suit over US sneak-and-peek searches

Microsoft Corp. persuaded a judge not to let the US government out of a lawsuit alleging that clandestine interception of users’ e-mails on company servers violates its free-speech rights.

Industry News

In Donald Trump era, America’s love for tequila faces hazier future

Americans are drinking more tequila than ever. It’s a run the world’s largest producers fear could soon falter as President Donald Trump ratchets up trade tensions with Mexico.

World News

Twitter gets more users but can’t seem to sell them ads: Gadfly

At this point last year, Twitter was a company that had a hard time attracting new people to surf and tweet, but it was quite skilled at generating ad dollars from its die-hard users.

Industry News

Boeing nearing $13.8 billion order from Singapore Airlines

Boeing Co. is the front-runner as Singapore Airlines Ltd. closes in on an order for at least 35 wide-body aircraft amid a battle with Chinese and Middle Eastern carriers, people familiar with the matter said.

Industry News

Maersk, world’s biggest shipping company, voices alarm at US President Donald Trump’s trade war with China

A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, is paying particular attention to noises coming from the U.S. that suggest the new administration is moving closer to a trade war with China.

Industry News

Gold at 3-month high: Here is why the markets suddenly seem very nervous

Gold may be the hottest market right now, which says a lot about how investors view the world.

Commodities News

Indian techies beware: IBM to train 25 million Africans for free to build workforce

International Business Machines Corp. is ramping up its digital-skills training program to accommodate as many as 25 million Africans in the next five years, looking toward building a future workforce on the continent.

Industry News

What the RBI is really saying about Indian economy

The Reserve Bank of India has not exactly covered itself in glory since Nov. 8, when Prime Minister Narendra Modi sprung the news on a startled nation that 86 percent of its currency would be worthless within a few hours.

Economy News

Biggest surge in India’s benchmark 10-year bond yield since 2013 seen luring bulls after $6 billion selloff

The biggest surge in India’s benchmark 10-year bond yield since 2013 is seen luring foreign investors back to rupee-denominated debt after a four-month hiatus.

Markets News

US President fails to ape Narendra Modi, Shinzo Abe: Market optimism that welcomed Donald Trump’s victory shows signs of fizzling

Donald Trump’s honeymoon with investors may come to a premature end, as his frequent Twitter outbursts help kill off the initial burst of euphoria, according to Herald Van Der Linde, HSBC’s head of equity strategy for the

Markets News