Britain’s Cuadrilla says ‘micro seismic event’ occurred at fracking site near Blackpool
British shale gas company Cuadrilla Resources said a tremor measuring 2.1 ML on the Richter scale was recorded at the company’s shale gas exploration site late on Saturday.
China to fight back against U.S. tariff move: People’s Daily
China will fight back against the latest U.S. step to increase tariffs on Chinese goods, the ruling Communist Party’s People’s Daily said on Sunday amid an escalating trade war between the world’s two largest economies.
Fed’s Mester sees downside risk from escalating trade war
Cleveland Federal Reserve President Loretta Mester said on Saturday she sees “big downside risk” from rising trade uncertainty, and will be watching how businesses and consumers react ahead of the U.S. central bank’s next policy meeting.
UK PM Johnson to tell Trump to de-escalate trade tensions
British Prime Minister Boris Johnson said on Saturday he would tell President Donald Trump at this weekend’s G7 summit to pull back from a trade war that is already destabilizing economic growth around the world.
China warns U.S. to stop ‘wrong’ trade actions or face consequences
China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences if it does not end its “wrong actions”.
China to raise import tariffs on U.S. scrap copper, aluminum from December 15
China will impose an extra 5% tariff on imports of copper scrap and aluminum scrap from the United States from Dec. 15, according to a list of retaliatory tariffs published by the Ministry of Finance late on Friday.
Japan, U.S. reach framework trade pact, no U.S. concessions seen – Nikkei
The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles.
Japan, U.S. reach framework trade pact, no tariff cuts on Japan cars: Nikkei
The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining tariffs on Japanese autos but Tokyo cutting tariffs on U.S. beef and pork, Japan’s Nikkei business daily said on Saturday.
Wall Street Weekahead: Investors look at dollar stores as U.S. recession fears increase
More investors are watching the shares of discount retailers like Dollar General Corp and Dollar Tree Inc , which perform better during economic downturns, in the hopes of gauging changes in consumer behavior, though higher tariffs may erode the compa…
FTC, AT&T settle 2014 lawsuit over data slowdowns: court
The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday.
