Italy keeps rejected spending targets, reigniting fears of EU face-off: reports

A disappointing forecast in August, hinting at weakness in China and corporate tech-spending, pushed Cisco Systems Inc. shares down. The question when Cisco reports its performance against that forecast this week is whether the trend will continue......»»

The possibility that Uber Technologies could acquire Grubhub is reigniting some restaurants' worries over the commissions charged by the third-party delivery companies. Fred Katayama reports......»»

Italy Reports 1st Covid-19 Death, Locks-Down 10 Towns Amid Contagion Fears: Virus Updates.....»»

Donald Trump is offering a budget plan that rehashes previously rejected spending cuts.....»»

Wall Street ended higher in a volatile session after spending most of the day in negative territory on worries the coronavirus fears would harm the global economy. Conway G. Gittens reports......»»

A disappointing forecast in August, hinting at weakness in China and corporate tech-spending, pushed Cisco Systems Inc. shares down. The question when Cisco reports its performance against that forecast this week is whether the trend will continue......»»

U.S. economic growth slowed less than expected in the third quarter. Resilient consumer spending offset declining business investment. As Fred Katayama reports, that allayed fears of a recession......»»

Quarterly results from four of the largest U.S. banks Tuesday showed that American consumers are helping to prop up the economy, even as recession fears have led businesses to pull back on spending and borrowing. Fred Katayama reports......»»

Volkswagen and FiatChrysler could together face billions of dollars in penalties if they fail to meet the European Union's emissions targets set for 2021, according to a new study. David Pollard reports......»»

Italy's two anti-establishment parties have promised to ramp up spending in a programme for a new coalition government, putting them.....»»

German luxury carmaker Daimler cuts its 2018 profit forecast, blaming a trade war between China and the United States and stricter pollution targets, sparking fears of a wave of earnings downgrades across the industry. Sonia Legg reports......»»

Italy's government has opened an investigation into the country's biggest toll-road operator, hours after saying it could face a heavy fine or lose its concession over a bridge collapse that killed at least 38 people. Ivor Bennett reports......»»

Asian shares reversed early losses while the euro rebounded from six-week lows on reports Italy will cut its budget deficit at a faster pace than expected, raising hopes Rome could stave off a problematic debt blow-out......»»

Asian shares slipped on Wednesday as oil prices near four-year highs threatened to roil emerging economies, while the euro rebounded from six-week lows on reports Italy will reduce its budget deficit more quickly than expected......»»

U.S. stocks opened firmly higher Wednesday as news reports su.....»»

Treasury yields rose on Wednesday after reports suggested the Italian government would trim its budget-deficit targets from 2020, easing fears of a clash between Brussels and Rome......»»

Italian stocks turned from a drag into a boost for European markets on Wednesday as signs the government would target a lower budget deficit quelled investors' fears of a damaging showdown with the European Commission.Thuy Ong reports......»»

Treasury yields rose on Wednesday after reports suggested the Italian government would trim its budget-deficit targets from 2020, easing fears of a clash between Brussels and Rome......»»

Car manufacturing lobbies have called the new EU emissions targets "extremely aggressive," after lawmakers backed a target of 40 percent below 1990 levels by 2030. Thuy Ong reports......»»

Car manufacturing lobbies have called the new EU emissions targets "extremely aggressive," after lawmakers backed a target of 40 percent below 1990 levels by 2030. Thuy Ong reports......»»