Turkish President Erdogan asks Musk to build Tesla factory in Turkey

(Reuters) – Turkish President Tayyip Erdogan asked Tesla (NASDAQ:TSLA) CEO Elon Musk to build a Tesla factory in Turkey, the…

Arm’s grand debut, glee for Tesla’s dojo, Oracle’s dour news: Weekly tech roundup

Softbank’s Arm Holdings Chip design unit Arm Holdings (NASDAQ:ARM) saw a heavily oversubscribed IPO in US markets Thursday, with its…

Leading U.S. banks set to launch ‘Paze’, a mobile wallet in response to tech giants

In the latest development in the ongoing competition between traditional banking institutions and tech giants, major American banks are preparing…

Australia stocks lower at close of trade; S&P/ASX 200 down 0.67%

Australia stocks were lower after the close on Monday, as losses in the IT, Energy and Telecoms Services sectors led…

Oil climbs on supply concerns, recovery in China demand

(Reuters) -Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in…

Gold prices rise with Fed meet, government shutdown in focus

Gold prices rose on Monday as markets bet that the Federal Reserve will keep interest rates on hold this week,…

Dollar hovers near six-month high before key central bank decisions

(Reuters) – The U.S. dollar hovered near a six-month high on Monday as traders looked ahead to interest rate decisions…

China’s yuan will stabilise as domestic prices bottom out – central bank publication

(Reuters) – China’s yuan will stabilize after improvements in recent economic data and the bottoming out of domestic prices, state-owned…

European shares ease, with central banks in focus; Lonza drops on CEO exit

(Reuters) – European shares eased on Monday, after sharp gains last week, as investors braced for a week packed with…

U.S. stocks are rising as investors hope for rate pause; data in view

U.S. stocks were rising on hopes the Federal Reserve will leave rates unchanged when it meets this month, as investors…