Emerging and developed G20 powers struggled to find common ground on Thursday over the turmoil unleashed by the prospect of the United States reducing a flood of dollars to the world economy. The Group of 20, which united in response to global crisis in 2009, now faces a U.S. economy […]
Tag: Europe
Dollar drops versus euro; yen tumbles on global manufacturing data
The dollar dropped against most currencies on Monday while the yen slid to its lowest in nearly four weeks versus the greenback as better-than-expected manufacturing data from Europe and Japan raised risk appetite and prompted investors to seek assets offering higher returns. Overall the array of data painted a picture […]
Ford first quarter profit rises 15 pct to $1.6b
Ford 1st quarter profit up 15 pct to $1.6b, strength in North America overcomes Europe losses Ford says net income rose 15 percent in the first quarter to $1.6 billion as record North American profits overcame weakness in Europe and South America. Ford beat Wall Street’s forecast with earnings of […]
