The pound fell as data showed U.K. manufacturing unexpectedly shrank for the first time in three years in April, adding to signs growth is slowing after a report last week showed the economy lost momentum in the first quarter.
Ten days ago, a major milestone in the Volkswagen diesel cheating scandal was reached. On Thursday, April 21, VW and the EPA agreed on the broad-stroke outlines of a plan to buy back or modify for 482,000 2.0-liter TDI diesel cars sold from 2009 through 2015. Almost lost in the coverage o
The dollar rose on Monday from its biggest weekly fall in more than seven years against the yen but softened against other major currencies, in particular the euro, which was helped by stronger German manufacturing data.
Apple sees a "huge market potential" for its products in India and the technology giant is "really putting energy" in the country which will begin rolling out high-speed wireless networks this year, CEO Tim Cook said.
MERCEDES boss Toto Wolff has taken aim at the 'lunatic' conspiracy theories which followed another victory for Nico Rosberg and yet another car failure for Lewis Hamilton in the Russian Grand Prix today.
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