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No-Let Up in Turkey Lira Slide after Moody's Downgrades

The Turkish lira showed no sign of recovery as it slid further against the U.S. dollar on Wednesday, hours after Moody's downgraded its credit ratings on 20 Turkish financial institutions.

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Britain's May Takes Trade-Touting Tour to Nigeria

Britain's Theresa May landed in Nigeria's capital on Wednesday on the second leg of her maiden Africa tour aimed at drumming up post-Brexit trade deals outside the European Union. 

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Putin Softens Controversial Pension Reform

Russian President Vladimir Putin on Wednesday proposed a series of measures to soften a deeply unpopular pension reform, in an apparent attempt to stem a major fall in his approval ratings.

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French Business Leaders Want More from ex-Banker Macron

When he won the presidency 15 months ago, Emmanuel Macron charmed company chiefs with a promise to make it easier to do business in France. But the economy remains sluggish, and bosses' patience is waning.

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May Vows Post-Brexit UK Will be Leading Investor in Africa

British Prime Minister Theresa May on Tuesday pledged to prioritize investment in Africa as she started a three-nation visit to the continent aimed at drumming up trade deals ahead of leaving the European Union.

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Toyota Pours $500M into Driverless Car Tie-Up with Uber

Toyota will pump about $500 million into ride-share firm Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday.

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U.S., Canada Set for Talks to Revise NAFTA

With a deal with Mexico out of the way, US trade officials are due to resume talks with Canada on Tuesday to try to salvage the North American Free Trade Agreement as a trilateral deal.

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Venezuela Orders Banks to Adopt Cryptocurrency

Venezuelan President Nicolas Maduro ordered banks to adopt the petro cryptocurrency as a unit of account Monday, as the country struggles to emerge from a severe political and economic crisis.

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Trump Says Deal with Mexico 'Looking Good'

President Donald Trump said Monday a "big deal" with Mexico was close, an apparent reference to ongoing talks to revamp the North American Free Trade Agreement.

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Turkey's Battered Lira Tumbles Again over Outlook Fears

The Turkish lira on Monday lost over three percent in value against the dollar as the same concerns that have propelled the embattled currency to record lows failed to dissipate after a summer break.

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