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Bill Gross, once Wall Street's 'Bond King,' retires after rocky second act

Bill Gross, once Wall Street's 'Bond King,' retires after rocky second act

Bill Gross, once the global bond market’s most influential investor and prognosticator, will retire in coming weeks from Janus Henderson Group Plc, ending an attempt to reclaim the stature he had previously enjoyed as head of the world’s largest fixed-income investing firm.  Gross,...

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UN says EU could win big in US-China trade war

UN says EU could win big in US-China trade war

Neither protagonist in the US-China trade war stands to benefit from their stand-off, the UN said Monday, suggesting others could cash in instead, with the EU possibly winning big. In a report, the UN Conference on Trade and Development (UNCTAD) examined the repercussions of the tariff...

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Russian economy outpaced expectations in 2018

Russian economy outpaced expectations in 2018

Russia's economy expanded 2.3 percent last year, growing more quickly than the government and the IMF had predicted, according to state statistics published Monday. Russia's growth rate accelerated from 1.6 percent in 2017 and exceeded the economy ministry's prediction of 1.8 percent as...

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Nissan sparks Brexit shockwaves through UK auto sector

Nissan sparks Brexit shockwaves through UK auto sector

Nissan's decision to axe planned production of the X-Trail SUV in the Brexit-backing city of Sunderland is a heavy blow to the British auto sector, which repeatedly warned against quitting the EU. The Japanese carmaker revealed Sunday that the crossover vehicle would no longer be...

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Saudi Arabia downs Houthi drone      UN asks Russia for answers about bombed Syria hospitals      Russia will respond to any NATO steps over missiles: minister      IMF: West Bank, Gaza growth must be focused on jobs      Saudi minister: Kushner's plan could succeed if there is 'hope of peace'      Iran will speed up enriching of uranium after deadline to Europe ends Thursday      Iran 'never seeks war' with US, says Rouhani      N. Korea blasts Pompeo as obstruction to nuclear talks