World Trade

As COVID gets better, Japan is thinking about bringing back its discount for tourists.

Tokyo (Reuters) – The Nikkei newspaper said on Saturday that Japan’s government is thinking about bringing back a national travel…

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Bristol-Myers is going to pay $4.1 billion to buy Turning Point Therapeutics.

(Reuters) -Bristol-Myers Squibb said on Friday that it would buy drug developer Turning Point Therapeutics (NASDAQ:TPTX) Inc for $4.1 billion…

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“Investors Growing Tired of Elon”: Cowen Sees Q2 Risk for Tesla on China Problems, Takes a “Pause from Recommending Stock”

Cowen analyst Jeffrey Osborne lowered Tesla’s (NASDAQ: TSLA) price target from $790.00 per share to $700.00 per share to reflect…

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Elon Musk has a “super bad feeling” about the economy, he says.

FRANKFURT  – Elon Musk, CEO of Tesla (NASDAQ: TSLA), told top managers that he had a “super bad feeling” about…

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In April, German exports went back up after the Ukraine war hurt them.

BERLIN (Reuters) -German exports went up more than expected in April, as Europe’s biggest economy relied on trade with the…

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Hungary is trying to reach a deal on EU recovery funds before the end of the year.

BUDAPEST,  -Hungary is trying to reach a deal with the European Union by the end of the year so that…

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A lobby group warns that China’s proposed cybersecurity rules pose risks for financial companies.

HONG KONG (Reuters) – In a letter seen by Reuters, a leading lobby group said that China’s proposed cybersecurity rules…

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Russia’s national depository will replace Citi as the company that takes care of Eurobonds.

The country’s finance ministry said on Thursday that Citibank has stopped taking care of Russia’s Eurobonds, so Russia is replacing…

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As the fight against inflation heats up, the Hungary central bank raises the 1-week depo rate to 6.75%.

BUDAPEST (Reuters) -As expected, Hungary’s central bank raised the rate for a one-week deposit by 30 basis points (bps) to…

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Soccer: RedBird buys AC Milan, the Italian champions.

MILAN (Reuters) -The Italian soccer champions, AC Milan, will be bought for $1.3 billion by the U.S. investment firm RedBird…

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