BRUSSELS/LONDON (Reuters) – The United States received approval on Wednesday to impose tariffs on$7.5 billion price of European items over unlawful EU subsidies handed to Airbus, threatening to set off a tit-for-tat transatlantic commerce conflict as the worldwide economic system falters. FILE PHOTO: An Airbus A350 takes off on the plane builder’s headquarters in Colomiers close to Toulouse, France, September …

(Reuters) – The S&P 500 and Dow suffered their worst tumbles in over a month on Tuesday after information confirmed U.S. factory activity shrank in September to its weakest in over a decade, ratcheting up fears that the U.S.-China commerce warfare is hobbling the world’s largest financial system. FILE PHOTO: Traders work on the ground on the New York Stock …

ZURICH (Reuters) – Credit Suisse (CSGN.S) cleared its CEO on Tuesday of snooping on a star wealth supervisor in an episode that noticed suicide, scandal and espionage invade the secretive world of Swiss non-public banking. The emblem of Swiss financial institution Credit Suisse is seen at its headquarters on the Paradeplatz sq. in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann …

NEW YORK (Reuters) – Weak financial information within the United States and Europe weighed on international inventory benchmarks on Tuesday, sending traders into safe-haven belongings. FILE PHOTO: Traders work on the ground on the New York Stock Exchange (NYSE) in New York, U.S., September 23, 2019. REUTERS/Brendan McDermid European shares fizzled after euro zone manufacturing information confirmed the sharpest contraction …

ZURICH (Reuters) – Credit Suisse cleared CEO Tidjane Thiam of ordering a surveillance of former wealth administration head Iqbal Khan, however stated his right-hand man has resigned over the botched spying case that severely broken the financial institution’s status. FILE PHOTO: Swiss financial institution Credit Suisse CEO Tidjane Thiam waits for a information convention after the Swiss Global Digital Summit …

FILE PHOTO: Traders work on the ground on the New York Stock Exchange (NYSE) in New York, U.S., September 23, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. inventory index futures gained on Tuesday ahead of the discharge of manufacturing data as traders appeared for contemporary indicators of home demand on the planet’s largest financial system amid softening world development. The ISM’s …

TOKYO (Reuters) – Global share costs ticked up on Tuesday as some investors clung to hopes that China and the United States may work in the direction of reaching a deal on commerce and different points within the fourth quarter. Passersby are mirrored on a inventory citation board exterior a brokerage in Tokyo, Japan, August 6, 2019. REUTERS/Issei Kato Japan’s …

NEW YORK (Reuters) – An increase in U.S. expertise stocks and better-than-expected financial knowledge in China pushed international fairness markets higher Monday, regardless of reviews that Washington was contemplating escalating its trade war with China by delisting Chinese corporations from U.S. exchanges. U.S. President Donald Trump is trying on the transfer as a part of a broader effort to restrict …

LONDON (Reuters) – World shares on Monday largely shrugged off studies that Washington is contemplating delisting Chinese firms from U.S. inventory exchanges, with market gamers downplaying the probability of such radical escalation of the U.S.-China commerce conflict. FILE PHOTO: City staff make telephone calls exterior the London Stock Exchange in Paternoster Square within the City of London, Britain, October 1, …

(Reuters) – Nasdaq Inc (NDAQ.O) is cracking down on preliminary public choices (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, in response to regulatory filings, company executives and funding bankers. FILE PHOTO: Two girls maintain umbrellas as they stroll previous the Nasdaq MarketSite in New York’s Times Square, August 22, 2013. REUTERS/Lucas Jackson/File Photo Nasdaq’s …