Moody’s downgrades Italy credit rating on debt, deficit concernsMoody's has cut Italy's credit rating by a notch over concerns about plans for larger deficits and the high public debt load as the country's populist government clashes with Brussels over its budget....
Brazil front-runner’s privatization vows ‘unclear’ but favored over rival’sInvestors in Brazil are cheered by the prospect of far-right presidential candidate Jair Bolsonaro winning power because of his privatization promises that -- though still unclear -- are regarded far...
In Reno, a boomtown resurgence leads to a housing crisisThey were the toast of Reno in the 1950s, when the growing casino industry sparked a boom that for a time turned northern Nevada into the West's top gambling destination. Dozens of downtown motor lodg...
Frustrated GM investors ask what more CEO Barra can doGeneral Motors Co Chief Executive Mary Barra has transformed the No. 1 US automaker in her almost five years in charge, but that is still not enough to satisfy investors. Ahead of third-quarter result...
BOJ deputy governor doubts digital currency will enhance monetary policyBank of Japan Deputy Governor Masayoshi Amamiya said on Saturday it was doubtful whether central banks could enhance the effectiveness of their monetary policies by issuing digital currencies. Some ac...
Silicon Valley’s Saudi ties face fresh scrutiny in wake of Khashoggi affairIn December 2016, newly elected Donald Trump pulled a beaming Japanese billionaire named Masayoshi Son into a half-hug in front of cameras and reporters gathered in the golden lobby of Trump Tower. “L...