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Fed expected to raise economic forecasts, extend vow to keep rates low

WASHINGTON- The Federal Reserve kept interest rates pinned near zero on Wednesday and made a bold, new promise: to keep them there until inflation is on track to “moderately exceed”

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Julius Baer eyes DOJ payment in FIFA matter, plans dividend

ZURICH – Julius Baer may pay tens of millions of dollars to settle U.S. allegations over its role in soccer body FIFA’s corruption affair, the Swiss bank said on Wednesday,

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Kodak CEO’s options grants did not violate internal policies, says law firm

Kodak CEO’s options grants did not violate internal policies, says law firm Securities transactions made by Eastman Kodak Co KODK.N Chief Executive Officer Jim Continenza around the time the photography

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Toyota, Dentsu team up to improve marketing strategy

TOKYO – Dentsu Group Inc and Toyota Motor Corp have agreed to form a business alliance and establish two companies to improve Toyota’s communications and digital transformation strategy, Dentsu said

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WTO finds Washington broke trade rules by putting tariffs on China; ruling angers U.S.

GENEVA/BRUSSELS – The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump’s trade war with China, a

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Zara owner Inditex says store sales recovering as it returns to profit

MADRID – The owner of fashion retailer Zara, Inditex, returned to quarterly profit in the three months from May to July despite a 31% fall in sales as the coronavirus

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Japan’s exports extend double-digit declines as pandemic hits demand

TOKYO – Japan’s exports posted a double-digit slump for a sixth straight month in August as U.S.-bound shipments shrank due to a global demand slowdown from the coronavirus pandemic, casting

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