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Turkish lira, 10-year bond hit record lows amid US sanctions threat

The Turkish lira and benchmark sovereign bond hit a record low as the threat of U.S. sanctions added pressure to already ailing markets. The U.S. dollar rose to 5.4 against the lira on Monday before trading around 5.29 on Tuesday. Turkey’s 10-year bond fell to a record low on Tuesday, …

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Elon Musk says he has no intention ‘to merge SpaceX and Tesla’

Patrick T. Fallon | Bloomberg | Getty Images Elon Musk, CEO of Space Exploration Technologies Corp. Elon Musk, chief executive of both publicly traded Tesla and privately held SpaceX, said in a blog post Tuesday he does not have any intention “to merge SpaceX and Tesla.” The serial entrepreneur’s comments …

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Russia and China are not our friends

Sergei Karpukhin | Reuters Russian President Vladimir Putin (R) shakes hands with his Chinese counterpart Xi Jinping during a signing ceremony following the talks at the Kremlin in Moscow, Russia July 4, 2017. HUNTSVILLE, Ala. — America’s top nuclear commander warned Tuesday that Russia and China are not “our friends” …

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