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Stuck with dangerous dollar dominance

May 11, 2016 by · Leave a Comment 

By Mike Dolan LONDON (Reuters) – The world is getting an object lesson on the problems of having one dominant global currency and even the supposed prime beneficiary, the United States, can see the downside…

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Stuck with dangerous dollar dominance

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Oil dips on Canada output prospects, record U.S. stocks

May 11, 2016 by · Leave a Comment 

By Simon Falush LONDON (Reuters) – Crude prices fell on Wednesday as oil sands production in Canada restarted after forced closures due to wildfires, and as already record-high inventories especially in the United States grew. U.S. West Texas Intermediate (WTI) futures were down 44 cents at $44.22 a barrel. A battle between Middle East producers for market share in Asia also weighed on prices, countering production declines and disruptions around the world.

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Oil dips on Canada output prospects, record U.S. stocks

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Mitsubishi Motors says improper data may have been used for more models

May 11, 2016 by · Leave a Comment 

By Naomi Tajitsu TOKYO (Reuters) – Mitsubishi Motors Corp said on Wednesday that improper data for mileage calculations might have been used for other models in addition to those it has already disclosed. On Wednesday, it said it suspected improper…

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Mitsubishi Motors says improper data may have been used for more models

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Dollar dips from two-week high, stocks in the red

May 11, 2016 by · Leave a Comment 

“And that is precisely what we are seeing today.” Financials were among the biggest losers in Europe, their 1.5 percent fall led by a 10 percent plunge in Austrian bank Raiffeisen Bank International after it said it will look into a possible merger with

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Dollar dips from two-week high, stocks in the red