Tommy Xie, an economist with Singapore-based OCBC Bank, said that the direction of the RMB exchange rate formation mechanism reform is clear and that the central bank of China “has been more predictable rather than unpredictable”.
The judge said the Bankruptcy Code forced him to reject Charney’s objection to American Apparel’s plan, in part because the board was turning the company over to the senior lenders through a traditional reorganization, not an auction.
Volkswagen in December gave the California air board and the U.S. Environmental Protection Agency a plan for recalling almost 500,000 diesel vehicles implanted with “defeat device” software.
Hyundai Motor Co. reported another quarterly earnings decline Tuesday, hit by slowing demand in China and emerging markets, and by fierce competition in the US that pushed up marketing costs.
The U.S and European Union imposed sanctions on Iran were lifted January 16, allowing the energy-rich country to increase its crude oil exports by 1 million barrels per day within the next six months, as Tehran has repeatedly noted previous year. The February contract expired...
ACOG President Dr. Mark DeFrancesco said in a news release, “Travel to regions with ongoing Zika virus outbreaks is not recommended for women who are pregnant or women who are considering pregnancy”.
The storm, which brought an entire season’s worth of snowfall to the city over two days, prompted cancellation of all flights into and out of Philadelphia on Saturday.
The lawsuits by Perrero and Moore, who each filed a separate but similar complaint on Monday, represent the first time Americans have gone to federal court to sue both outsourcing companies that imported immigrants and the USA company that contracted with those businesses,...
Chinese shares plunged more than 6 per cent to 14-month lows on Tuesday after oil prices dropped again, reviving concerns about global growth and prompting a sell-off in the world’s equity markets.
“Oil prices will start to grow after the glut in the market is eliminated”, the OPEC Secretary General, Abdallah Salem el-Badri, said at a conference in London.