U.S. defence chief backs Indonesia’s military modernisation drive

(Reuters) – United States Defense Secretary Lloyd Austin stressed the importance of modernising Indonesia’s military in a meeting with its…

4 big analyst picks: AMC upgraded to Neutral after reverse split and conversion

AMC Entertainment earns an upgrade at Wedbush Wedbush upgraded AMC Entertainment (NYSE:AMC) to Neutral from Underperform and raised its price…

Oil companies sue U.S. over Gulf auction changes meant to protect whale

(Reuters) – An oil and gas industry trade group, the state of Louisiana and Chevron (NYSE:CVX) on Thursday sued the…

Euro takes a knock as ECB rate pause talk grows, dollar firm before Powell

(Reuters) – The euro fell to its lowest level since mid-June on Friday, knocked down by growing expectations that the…

Dollar strengthens ahead of Powell’s Jackson Hole speech

The U.S. dollar rose in early European trade Friday, climbing to a two-month high as traders positioned for hawkish comments…

Exclusive-With Tesla push, India mulls import tax cut if EV makers build locally

(Reuters) – India is working on a new electric vehicle policy that would slash import taxes for automakers that commit…

S&P downgrades Hawaiian Electric to ‘B-‘ as wildfires raise market-access worries

(Reuters) – The S&P Global Ratings on Thursday downgraded Hawaiian Electric Industries (NYSE:HE) and all of its rated subsidiaries to…

Take Five: Farewell to a bruising August

(Reuters) – Bruised bond market investors will seek some solace from U.S. jobs data and European inflation numbers out in…

US will resolve Tesla Autopilot probe, could make announcement soon – official

(Reuters) – The National Highway Traffic Safety Administration (NHTSA) will resolve its two-year investigation into Tesla (NASDAQ:TSLA) Autopilot and could…

Hyundai Motor’s union in South Korea votes on strike

(Reuters) -Hyundai Motor’s unionized workers in South Korea on Friday vote on whether to hold a strike after two months…