Kudlow: U.S.-China deal ‘absolutely’ done, U.S. exports to China will double
The so-called Phase One trade deal between Washington and Beijing has been “absolutely completed,” a top White House adviser said on Monday, adding that U.S. exports to China will double under the agreement.
Factbox: What is actually in the U.S.-China ‘Phase One’ trade deal?
The United States and China have agreed on the terms of a “Phase One” trade deal that reduces some U.S. tariffs on Chinese goods and is said to boost Chinese purchases of American farm, energy and manufactured goods while addressing some disputes over …
WPX Energy expands in Delaware basin with $2.5 billion Felix deal
WPX Energy Inc said on Monday it would buy privately held Felix Energy in a $2.5 billion deal, as the Permian basin operator looks to add oil-rich acreage in the Delaware region of the prolific shale field, sending its shares up more than 9%.
Wall St. touches fresh highs on China data, trade deal boost
Wall Street hit record highs for the third straight session on Monday, as upbeat domestic data from China lifted investor confidence and cooling trade tensions between Washington and Beijing removed one of the hurdles for global economic growth.
Bayer asks U.S. appeals court to reverse $25 million Roundup verdict
Bayer AG on Monday said it has asked a U.S. federal appeals court to throw out a $25 million judgment it was ordered to pay to a California man who blamed the company’s Roundup weed killer for his cancer.
Factbox: Aircraft suppliers at risk as Boeing could freeze 737 MAX production
Boeing Co’s suppliers are bracing for a possible halt in production of the 737 MAX, as the grounding of the planemaker’s fast-selling aircraft is pushed into 2020, possibly resulting in lost revenues and adding to billions of dollars in costs.
Global stocks gain on preliminary U.S.-China trade deal, oil rises
Global stock markets rallied on Monday, lifting Wall Street’s three major indexes and a global gauge of equity performance to record highs after a preliminary U.S.-China trade deal pointed to stronger global growth, helping to drive up oil prices.
U.S. exports to China to double under ‘Phase One’ deal: Kudlow
U.S. exports to China will double under the so-called Phase One trade deal reached between Washington and Beijing, a top White House adviser said on Monday.
Oil rises back toward three-month highs on U.S.-China trade deal
Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China announced last week, but prices remained below the previous session’s three-month highs.
Intel buys Israeli AI startup Habana Labs for $2 billion
Intel Corp has bought Israel-based artificial intelligence (AI) firm Habana Labs for about $2 billion, the chipmaker said on Monday, seeking to expand its AI portfolio to bolster its data-center business.
