BUSINESS

Australian dollars are seen in an illustration photo February 8, 2018.

Dollar Dips As Hopes Rise That Inflation Has Peaked

The U.S. dollar index retreated from earlier highs and fell on Tuesday as Wall Street stocks erased initial declines amid growing hopes that inflation may have peaked, but the greenback managed to hit its highest level in 20 years against the Japanese yen.
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USTR Tai Says Fighting Inflation More Complex Than Cutting China Tariffs

U.S. Trade Representative Katherine Tai on Monday said fighting inflation is a more complicated issue than can be addressed with a "singular focus" on China tariffs, and that it was important to bring a "thoughtful, strategic, deliberate" approach to the U.S.-Chinese trade relationship.
An India Rupee note is seen in this illustration photo June 1, 2017.

India Potash's Rouble-rupee Payment Deal Stumbles In Russian Bank

Russia's Sberbank has yet to process the first payment from Indian Potash Ltd (IPL) under a deal set up before the Ukraine war to enable IPL to pay for Belarusian potash using rupees rather than dollars, according to a letter seen by Reuters and two sources familiar with the issue.
Apple's Mac Pro is displayed during Apple's annual Worldwide Developers Conference in San Jose, California, U.S. June 3, 2019.

As Apple Upgrades Its Software, Developers Hunt For Headset Hints

As Apple Inc rolls out its usual stream of upgrades to operating systems for its iPhones, iPads and Macs at its annual software developer conference Monday, analysts and developers will be scouring between the lines for any hints about how a future mixed-reality headset might work.

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