Trust in tailings? Vale dam disaster spurs investors into action
Seeking assurances from Brazilian miner Vale by phone after a second deadly dam disaster in three years is not enough for Sasja Beslik. He plans to fly there himself to get answers.
U.S.-China trade talks to resume in Washington next week
Talks between China and the United States to resolve their bruising trade war will resume next week in Washington, with both sides saying this week’s negotiations in Beijing made progress.
Take Five: The R-word – World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Mexico to pump $3.6 billion into ailing oil firm Pemex in relief plan
Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said Friday, a move aimed at boosting its finances and preventing a further credit downgrade.
Visa, Mastercard mull increasing fees for processing transactions: WSJ
Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matte…
PepsiCo forecasts surprise drop in profit as it ramps up investments
PepsiCo Inc forecast a surprise drop in full-year profit on Friday, as the snack and beverage company spent heavily on marketing and developing new products in a bid to claw back market share from Coca-Cola Co Inc.
China says reached consensus on some key issues during U.S. trade talks
China and the United States reached a consensus in principle on some key issues during trade talks in Beijing, state news agency Xinhua reported on Friday.
U.S., Chinese officials to meet next week in Washington on trade: White House
Officials from the United States and China will meet next week in Washington to continue working on a trade deal after having made progress in talks in Beijing this week, White House Press Secretary Sarah Sanders said in a statement on Friday.
European shares climb after progress in U.S.-Sino trade talks
European shares rose on Friday amid encouraging signs from U.S.-China trade talks, after weak data from both countries sent world stocks into a dive.
Exclusive: Trafigura halts oil trade with Venezuela – source
Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U.S. sanctions on the OPEC nation’s energy sector, a source with direct knowledge of the matter said.
