Germany deploys 250 soldiers for Libyan arms embargo mission

The Hamburg frigate departs from Germany’s Wilhelmshaven on a five-month mission to enforce a UN arms embargo. A German frigate carrying 250 soldiers has departed at the start of a five-month mission as part of the European Union efforts to

Global equities edge higher, safe havens flat ahead of Fed meeting

NEW YORK (Reuters) – Stock markets edged higher and perceived safe-haven assets were steady on Wednesday as investors awaited news from the U.S. Federal Reserve’s latest policy meeting. The Fed is expected to sound reassuringly accommodative at its policy review

Dollar decline resumes as investors look to economic data, earnings

LONDON (Reuters) – The U.S. dollar edged lower on Monday as investors looked to incoming global economic data and U.S. corporate earnings to gauge whether the markets’ guarded optimism on the economic outlook is justified. The greenback had ended its

Japanese yen gains as virus caution weighs

LONDON (Reuters) – The dollar paused on Friday as concerns about a surge in coronavirus infections in the United States and elsewhere supported the safe haven Japanese yen, while risk-sensitive currencies lost ground. More than 60,000 new COVID-19 cases were

Asian shares set to slip as coronavirus concerns weigh

NEW YORK (Reuters) – Asian shares were set to open mostly lower on Friday as record-breaking new coronavirus cases and deaths in several U.S. states stoked concerns that new lockdowns could derail the economic recovery, and investors looked forward to

U.S dollar gains on worries about resurgent coronavirus pandemic

NEW YORK (Reuters) – The U.S. dollar rose on Thursday, regaining its safe-haven appeal, as investors worried that the resurgence of U.S. coronavirus cases could erase the summer’s employment gains. U.S. financial markets closed on Friday for the July 4th

Airbus slows services push amid coronavirus crisis

PARIS (Reuters) – Airbus has postponed its target of building a $10 billion services business amid the coronavirus crisis, but is sticking with a strategy of supporting airline operations, a senior executive said as the company heads for a broader