Britain launched an investigation on Tuesday into the auditors who signed off on accounts for the now-bankrupt holiday giant Thomas Cook, as the company's French branch went into receivership and its Belgian division collapsed. The

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Credit Suisse said Tuesday that a top executive had resigned after assuming responsibility for the bank's decision to spy on a star banker after he jumped ship to competitor UBS. The Swiss banking giant said

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The auto workers strike at General Motors, now in its third week, has cost the carmaker about $1 billion so far, according to a report released Tuesday. The strike, launched last month by the United

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Australia's central bank on Tuesday lowered the cost of borrowing, slashing interest rates for the third time this year amid fears about the flagging domestic economy. The Reserve Bank of Australia announced it had cut

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German carmaker Opel said Tuesday it would slash hours for workers at its main factory, highlighting a car industry hit by falling demand and a challenging technological transformation. Peugeot subsidiary Opel "has registered reduced hours

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Germany's manufacturing recession deepened in September with factories recording their weakest performance since the world financial crisis a decade ago, a survey showed on Tuesday. The bleak manufacturing figures from IHS Markit's Purchasing Managers' Index

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Europe is not blameless in the trade tensions casting a pall over the global economy, German Chancellor Angela Merkel said, mentioning the lengthening Brexit negotiations as a source of uncertainty to stand beside the United

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US manufacturing activity tumbled to a more than 10-year low in September as lingering trade tensions weighed on exports, further heightening financial market fears of a sharp slowdown in economic growth in the third quarter.

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The US dollar rose to its highest in more than two years versus a basket of currencies on Tuesday before data that is forecast to show the US manufacturing sector returned to growth, which would

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The dollar held at a 29-month high on Tuesday as renewed evidence of strength in the US economy encouraged investors to buy the greenback. With rate cuts in Australia, final PMI readings in Europe at

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