The lush, green hills where Paulo Pires has for years brought sheep to graze above his picturesque Portuguese village may soon be transformed by the race to power electric vehicles.
Hedge funds betting that the Swiss franc will climb further against the euro will soon meet their match, according to investors who are taking the other side of the trade.
The Japanese yen held gains against the dollar on Friday, as fresh doubts about the scale of the coronavirus outbreak supported demand for safe-haven currencies.
Elevator maker Schindler on Friday reported 2019 profit that beat analysts expectations and said it expects up to 5% growth in 2020 sales despite the coronavirus outbreak, which it concedes will likely affect operations and results.
HONG KONG (Reuters Breakingviews) - Hong Kong bankers are getting drop-kicked while they’re down. The marquee stop for the World Rugby Sevens Series, where corporate financiers typically schmooze and cut loose with clients, is being postponed for six months because of
China's yuan inched lower against the dollar on Friday, reflecting slight strength in the greenback overseas and continued investor worries over the economic fallout from the coronavirus epidemic.
China stocks advanced on Friday, on course for their first weekly gain in four, as the daily death toll in Hubei - the epicentre of the coronavirus outbreak - halved and the number of new cases dropped.
Turkey's current account is expected to have posted a modest annual surplus of $1.18 billion in 2019, a first since 2001, a Reuters poll showed on Tuesday, even though the monthly deficit is seen starting to widen again.
Oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic.
Gold eased from an over one-week peak on Friday as risk sentiment improved on hopes of global measures to soften the impact of the coronavirus outbreak, but a surge in new cases capped bullion's losses and kept it on track for a weekly gain.