(Bloomberg) -- So-called tunnel negotiations between the U.K. and the European Union over Brexit would be enough to power sterling higher, according to Goldman Sachs Group Inc (NYSE:GS). While the pound weakened Monday after EU negotiators said U.K. plans needed more work, the drop only took back a slice of last weeks’ 2.7% rally,...
(Reuters) - Russian Economy Minister Maxim (NASDAQ:MXIM) Oreshkin said the country is considering alternatives to the U.S. dollar for energy transactions and is exploring currency settlements in euros and roubles for energy exports to minimize U.S. exposure. "We have a very good currency, it's stable. Why not use it for...
By Nupur Anand and Swati Bhat MUMBAI (Reuters) - India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the real estate industry could augur fresh strife for its banks. A slump in the residential property market is leaving many builders struggling...
By Ludwig Burger FRANKFURT (Reuters) - German carmaker Daimler is recalling hundreds of thousands of Mercedes-Benz vehicles including Sprinter van models over diesel emissions issues. Daimler said late on Friday that Germany's road traffic regulator KBA has concluded hearings over certain Mercedes-Benz vehicles with so-called OM651 diesel engines meeting Euro 5...
By Brendan Pierson NEW YORK (Reuters) - U.S. President Donald Trump on Friday urged a federal appeals court to block New York prosecutors from obtaining eight years of his tax returns, arguing that he was immune from criminal investigation as a sitting president. In a filing with the 2nd U.S. Circuit...
(Bloomberg) -- European equities were little changed at the open as technology and mining shares climbed before the start of U.S.-China trade talks, while financial services slumped. The STOXX 600 Index was up 0.1% following two days of gains. Qiagen NV (DE:QIA) tumbled 15% after reporting disappointing earnings and as its chief, Peer Schatz,...

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NewsBreak: Crude Inventories Jump 10.5M, API Data Shows

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