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Business News

With inflation low, Fed can boost job market: Daly

Sluggish inflation gives the Federal Reserve the leeway to keep borrowing costs low and help draw more workers into the labor market, San Francisco Federal Reserve Bank President Mary Daly said on Saturday.

Nissan recalls nearly 400,00 vehicles over braking system defect

Japan's Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire.

UK's Corbyn: Labour to exclude NHS, medicines from trade deals with U.S.

UK opposition leader Jeremy Corbyn said the Labour Party will exclude Britain's National Health Service and medicines from trade deals with the United States, as he accused Prime Minister Boris Johnson of covering up "secret talks" on the NHS.

U.S. to extend license for its companies to continue business with Huawei: sources

The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China's Huawei Technologies Co Ltd, two sources familiar with the deliberations said.

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