 | | | | Wall Street's three major indexes rallied on Tuesday to clock their biggest one-day gains in five months after Federal Reserve Chair Jerome Powell left the door open for a possible rate cut. | | | | | | Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters, as talks on the $35 billion tie-up plan progressed towards a possible agreement on Wednesday. | | | | | | President Donald Trump on Tuesday said he would probably defy Mexico, U.S. business groups and lawmakers from his own party and impose new tariffs on all imports from Mexico to pressure authorities there to clamp down on illegal immigration into the United States. | | | | | | U.S. Vice President Mike Pence will host Mexican leaders at the White House on Wednesday for talks aimed at pressuring authorities to clamp down on migrants heading for the southern U.S. border, a White House spokesman said on Tuesday. | | | | | | President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than planned after their chief executives quit within a week of each other. | | | | | | U.S. President Donald Trump may finally get the rate cut he has been demanding, but for the wrong reasons, as top Federal Reserve officials began warning this week that the global trade war may force them to respond. | | | | | | U.S. President Donald Trump on Tuesday warned fellow Republicans in Congress not to block his efforts to impose tariffs on Mexico as part of his broader immigration fight amid reports that lawmakers are considering steps to block his latest trade salvo. | | | | | | Toyota Motor Corp said on Tuesday that U.S. President Donald Trump's proposal to slap tariffs on Mexican-made goods could cost its major suppliers $1 billion, highlighting growing concern in the U.S. auto sector about the potential damage of a new front in the Trump administration's trade wars. | | | | | | U.S. President Donald Trump on Tuesday promised Britain a "phenomenal" post-Brexit trade deal, dismissed differences over China's Huawei and glossed over other disagreements as he heaped praise on the United States' closest ally. | | | | | | Britain's Theresa May has said she will resign as Conservative Party leader on June 7, setting up a contest that will bring a new prime minister to power who could pursue a cleaner break with the European Union. | | | | | | The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million. | | | | | |
