Trump says U.S.-China trade deal may be reached in four weeks
U.S. President Donald Trump said on Thursday the United States and China were close to a trade deal that could be announced within four weeks, while warning Beijing that it would be difficult to allow trade to continue without a pact.
Asia shares sit on weekly gains, await U.S. jobs test
Asian share markets consolidated weekly gains on Friday as Sino-U.S. talks dragged on with no concrete conclusions, while caution ahead of U.S. payrolls and a holiday in China and Hong Kong dampened volatility.
Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop ‘NOPEC’ – sources
Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said.
Samsung Electronics says first-quarter profit likely fell 60 percent as chip prices hit
South Korea’s Samsung Electronics Co Ltd said on Friday its first-quarter operating profit likely slid 60 percent from a year earlier, as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins.
U.S. blocks Amazon efforts to stop shareholder votes on facial recognition
U.S. securities regulators shot down attempts by Amazon.com Inc to stop its investors from considering two shareholder proposals about the company’s controversial sale of a facial recognition service, a sign of growing scrutiny of the technology.
Exclusive: Venezuela’s PDVSA braces for low output from crucial crude upgraders
Venezuelan state-owned oil company PDVSA expects its crucial crude upgraders to operate well below capacity this month, according to industry sources and documents seen by Reuters, as U.S. sanctions and energy blackouts hit the OPEC nation’s oil indust…
Global stocks stall on trade talk uncertainty, German data hits euro
Global stocks held near the unchanged mark on Thursday, as investors looked for more detailed signs of progress in U.S.-China trade talks while disappointing economic data out of Germany knocked the euro.
Trump says U.S-China trade deal could be announced in about four weeks
U.S. President Donald Trump said on Thursday a trade deal with China was getting very close and could be announced in about four weeks, but warned it would be difficult to let China keep trading with the United States if remaining issues were not resol…
Elon Musk safe for now as U.S. judge urges Tesla CEO, SEC to end tweet dispute
Elon Musk’s job as Tesla Inc’s chief executive appeared safe on Thursday as a federal judge in Manhattan urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission over his use of Twitter.
Jeff Bezos keeps Amazon voting power in divorce settlement
Amazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of his entire $143 billion stake in the company under a divorce settlement with his wife, MacKenzie Bezos, who will own 25 percent of those shares, the couple said on Thursday…
