Malaysia’s Prime Minister Muhyiddin Yassin speaks during a news conference

Ferrari joins European auto lobby ACEA four years after spin-off

MILAN (Reuters) – Italian luxury carmaker Ferrari <RACE.MI> has become the latest manufacturer to join the European carmakers’ association (ACEA), the auto lobby said on Tuesday. ACEA represents manufacturers of passenger cars, vans, trucks and buses with production sites in the European Union and provides benchmark data on vehicle registrations. Ferrari’s membership took effect on […]

Bank of Ireland receives 15,000 applications for mortgage breaks

DUBLIN (Reuters) – Bank of Ireland received 15,000 applications for payment breaks from mortgage customers in March, with a further 5,000 businesses seeking breaks or working capital, as a result of coronavirus disruption, its chief executive said. “To put that into perspective, normally, before Covid, we would typically get just two or three applications for […]

World stocks slip as rally pauses, dollar eases

By Herbert Lash NEW YORK (Reuters) – The dollar slid on Monday, and global stock markets fell as a year-end rally lost steam after pushing stocks to record highs in 2019. As investors assessed the outlook for next year, thin year-end trading volumes exacerbated broad weakness in the dollar, which has fallen the past three […]