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President of the United States Donald Trump on Twitter appealed to Ford and offered it to begin production of the compact Focus Active SUV on the US territory, since in this case the American company will not pay duties. However, the management of Ford said that it did not plan to move the production of SUV from China to the US. Representatives of Ford noted that “the production of Focus Active in the US will be unprofitable, because the expected level of annual sales does not exceed 50 thousand”. They proudly noted that the production of Ford cars and the number of employees in the US exceed the performance of other automakers.
The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurgence stalled economic recovery. The dollar ...
The dollar fell again on Tuesday as the U.S. economy drops into stagnation, while investors await the latest outlook from the Federal Reserve and the passage of the U.S. coronavirus fiscal stimulus. The dollar’s decline lifted gold prices ...
European shares fell earlier on Monday, weighed down by travel stocks after the U.K. placed a quarantine on travelers from Spain as the number of COVID-19 cases continue to surge. The pan-European STOXX index lost 0.5% at 0718 GMT. Meanwhile, ...
The dollar fell against its peers in early Asian trade as the debate between the Democrats and Republicans over the U.S. economic stimulus measures weighed on the market. The euro rose to its strongest level in over a year after EU leaders ...
Oil prices fell on Thursday after OPEC+ agreed to lessen output cuts from August, though the decline was dampened by a recovery in demand as U.S. crude stocks had an unprecedented drop. Brent crude slid 0.3%, or 13 cents, at $43.66 per barrel. ...
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