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Global Markets News

House Democrats ask if Trump interfered in DOJ automaker antitrust probe


Two U.S. Democratic lawmakers on Thursday asked the White House to turn over documents that would show if President Donald Trump interfered or directed a Justice Department antitrust probe of four automakers that struck voluntary agreements with California to reduce tailpipe emissions, according to a letter seen by Reuters. Read more

Shares edge up after Fed rate cut, oil prices gain


A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend's attacks on Saudi Arabia's oil facilities pose supply risks. Read more