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US Trade Policy at a Crossroads with Canada, China

President Donald Trump's trade policy faces a key crossroads on Thursday, as officials try to reach a deal with Canada, and he will decide whether to impose a huge wave of new tariffs on China.

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Toyota Recalls 1 Million Hybrid Cars over Technical Problem

Japanese car giant Toyota on Wednesday recalled more than one million hybrid cars globally due to a technical problem which could in the worst case cause a fire in the vehicles. 

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Climate Action Could Add $26 Trillion to World Economy

Ambitious action on climate change could contribute an extra $26 trillion to the world economy by 2030, international experts said on Wednesday, urging nations and businesses to step up their engagement. 

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Opel to Offload 2,000 Jobs to French Engineering Firm

German carmaker Opel on Wednesday said it planned to shift some 2,000 jobs at its historic Ruesselsheim research and development hub to French engineering group Segula Technologies, in a bid to avoid job cuts under a major turnaround plan.

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Stocks Slide on Emerging Markets, Trade Woes

Stocks tumbled Wednesday on growing concerns about emerging market economies, adding to the uncertainty stoked by U.S. President Donald Trump's trade rows with China and Canada.

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French Societe Generale Expects to Pay €1.1 Billion in U.S. Sanctions Fines

French banking giant Societe Generale said Tuesday it expects to pay 1.1 billion euros ($1.27 billion) in fines to settle a dispute with US authorities over allegations that it violated sanctions, particularly in Iran.

In a statement, France's second-biggest bank said it expects to be able to cover the cost with provisions set aside for the dispute.

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Danske Bank Shares Plunge after Fresh Money Laundering Claims

Shares in Denmark's largest lender Danske Bank plunged seven percent on the Copenhagen Stock Exchange Tuesday after fresh allegations of money laundering through its Estonian subsidiary.

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Turkey Inflation Surges to 15-Year High in August

Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and coming after the Turkish lira dramatically weakened against the US dollar last month. 

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Japan to Halt Iran Oil Imports under US Pressure, Reports Say

Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported.

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Turkey Calls U.S. 'Wild Wolves', Vows to Abandon Dollar in Trade

Turkish President Recep Tayyip Erdogan on Sunday vowed Ankara would pursue non-dollar transactions in trade with Russia and other countries, accusing the U.S. of behaving like "wild wolves."

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