news

SoftBank invests $2.25 billion in GM's self-driving cars; shares soar

31.05.2018, 18:39

apan's SoftBank Group Corp (T:9984) will invest $2.25 billion (1.7 billion pounds) in General Motors Co's (N:GM) autonomous vehicle unit, Cruise, the companies said on Thursday, announcing a deal that validates the venerable Detroit automaker's leadership in self-driving cars and sent GM shares up more than 10 percent.

Goldman Sachs vice president charged with insider trading

31.05.2018, 18:14

The U.S. Securities and Exchange Commission on Thursday charged a vice president at Goldman Sachs Group Inc (N:GS) with insider trading.

Decline and fall? How Italy fell out of love with the euro

31.05.2018, 17:53

Italians used to love the euro. Now they are not so sure, voting for populist parties whose prospective government has spooked investors fearful that Italy might quit the monetary union.

Forex - Euro Pares Gains after U.S. Tariff Announcement

31.05.2018, 17:21

The euro pared back gains on Thursday as the U.S. imposed steel and aluminum tariffs on the European Union, Mexico and Canada, backing away from the highs of the day hit earlier amid easing concerns over the Italian political crisis.

Italy awaits decision on last-ditch deal to avoid snap elections

31.05.2018, 17:01

Italy on Thursday was awaiting a decision from right-wing leader Matteo Salvini on whether to join a last-ditch attempt to form a government and avoid snap elections that would be focussed on membership of the euro zone.