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U.S. President Trump says India's recent tariff hike unacceptable
U.S. President Donald Trump looks forward to speaking with Indian Prime Minister Narendra Modi about a recent increase in its already high tariffs against the United States, he said on the social network Twitter on Thursday.
Posted on : 2019-06-27 09:30:50
U.S., China agree tentative trade truce ahead of G20 summit: SCMP
The United States and China have agreed to a tentative truce in their trade dispute ahead of a meeting between leaders of the two nations at the G20 summit this weekend, the South China Morning Post reported on Thursday, citing sources.
Posted on : 2019-06-27 09:05:40
Oil prices fall, shrugging off U.S. inventory drop, amid G20 uncertainty
Oil fell on Thursday, erasing some of the previous session's strong gains, as traders await the G20 summit in Japan and a meeting of OPEC and other oil producers to decide on an extension of output cuts.
Posted on : 2019-06-27 08:58:59
Global Markets: Asian shares creep higher on hopes of Sino-U.S. trade truce
Asian share markets turned higher on Thursday following a media report the United States and China have tentatively agreed to a truce in their trade war, ahead of a closely-watched meeting between the two nations this weekend.
Posted on : 2019-06-27 08:40:48
Global Markets: Asian shares creep higher on hopes of Sino-U.S. trade truce
Asian share markets turned higher on Thursday following a media report the United States and China have tentatively agreed to a truce in their trade war, ahead of a closely-watched meeting between the two nations this weekend.
Posted on : 2019-06-27 08:40:48
To dodge trade war, Chinese exporters shift production to low-cost nations
Pressured by a labour crunch and rising wages in China, Shu Ke'an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first considered shifting some production to Southeast Asia a few years ago, but nothing came of it.
Posted on : 2019-06-27 08:37:59
Huawei says it got over $1.4 billion in licensing revenue since 2015
Huawei Technologies said on Thursday it has received over $1.4 billion in licensing revenue since 2015 and paid more than $6 billion in royalties to legally implement intellectual property of other companies.
Posted on : 2019-06-27 08:17:07
Dollar holds gains vs yen, jitters prevail ahead of G20
The dollar hovered near a one-week high against the yen on Thursday, propped up by hopes of Sino-U.S. trade talk progress though investors were nonetheless cautious ahead of a meeting between leaders of the two powers in Japan in days ahead.
Posted on : 2019-06-27 07:06:02
Global Markets: Asian shares going nowhere as G20 looms large
Asian markets were busy going nowhere on Thursday as confusion shrouded the chances of any progress in the Sino-U.S. trade standoff, while bulls scaled back wagers for a drastic cut in U.S. interest rates.
Posted on : 2019-06-27 06:20:16
Tata Chemicals plans first UK industrial carbon capture demo plant
Tata Chemicals Europe (TCE) plans to build Britain's first industrial-scale carbon capture and utilisation (CCU) demonstration plant to trap emissions for use in sodium carbonate manufacturing, the firm said on Thursday.
Posted on : 2019-06-27 04:43:19
U.S. regulator cites new flaw on grounded Boeing 737 MAX
The U.S. Federal Aviation Administration has identified a new risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.
Posted on : 2019-06-27 04:10:38
United Airlines extends 737 MAX cancellations until Sept. 3
United Airlines said on Wednesday it has decided to remove the Boeing 737 MAX from its flying schedule until Sept. 3, leading to about 1,900 total flight cancellations in August.
Posted on : 2019-06-27 03:13:17
U.S. FAA identifies new risk on Boeing 737 MAX
The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.
Posted on : 2019-06-27 03:11:28
Exclusive: U.S. FAA says it identifies new potential risk on 737 MAX
The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency told Reuters on Wednesday.
Posted on : 2019-06-27 02:11:36
Huawei Technologies loses trade secrets case against U.S. chip designer
A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies.
Posted on : 2019-06-27 01:31:47
Exclusive: FAA says identifies new potential risk on 737 MAX
The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency told Reuters on Wednesday.
Posted on : 2019-06-27 01:27:33
Trump says trade deal 'possible' with China's Xi, tariffs could be lower
U.S. President Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose U.S. tariffs on virtually all remaining Chinese imports if the two countries continue to disagree.
Posted on : 2019-06-27 01:22:46
After fire, Philadelphia Energy Solutions to permanently shut oil refinery
Philadelphia Energy Solutions (PES) will seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, the company confirmed on Wednesday, a day after sources told Reuters about the plans.
Posted on : 2019-06-27 01:16:22
Bitcoin soars past $13,000 as Facebook's Libra fuels demand
Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra token could push cryptocurrencies into the mainstream.
Posted on : 2019-06-27 00:18:04
Trump says he can fire Fed's Powell; it's not that simple
U.S. President Donald Trump accused Federal Reserve Chairman Jerome Powell on Wednesday of doing a "bad job" and "out to prove how tough he is," but any move to oust him would likely touch off a legal fight with big repercussions in financial markets as well.
Posted on : 2019-06-26 23:50:25
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