Google buys electronics company HTC - Air Berlin bankruptcy - US Fed Reserve leaves interest rates unchanged
European finance ministers are worried. They say the United States' big tax reform bill contains measures that would unfairly disadvantage European business and contravene global fair-taxation rules. Are they right?
Policymakers from the US Fed, the European Central Bank and the Bank of England have described the recent sell-off in stock markets as a healthy correction, saying this won't knock them off their monetary policy path.
The US currency has suffered painful losses in Asian trading while sovereign bonds gained strongly after the US Federal Reserve raised interest rates, but signaled no pick-up in the pace of tightening.
President Donald Trump's administration will face its first huge challenge on the budget front when the measure to suspend the limit on the amount of money the federal government is allowed to borrow soon lapses.
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