U.S. trade chief says China policy change ‘not going to be easy’
U.S. President Donald Trump’s top trade official said on Tuesday that changing China’s economic policies to become more market-oriented “is not going to be easy” even with tariffs now in place on $250 billion worth of Chinese goods.
Google to allow certain cryptocurrency ads in U.S., Japan
Alphabet Inc’s Google said on Tuesday it would allow certain regulated cryptocurrency exchanges to advertise in the United States and Japan, easing an earlier ban on all cryptocurrency ads.
Canada not making concessions needed for a NAFTA deal, says U.S.
Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday.
Oil price above $80 lifts stocks, rate hikes expected
European shares climbed on Tuesday as oil prices above $80 a barrel lifted energy stocks, while U.S. stocks slid on losses in chipmakers and rate-sensitive shares ahead of an expected Federal Reserve interest rate hike.
Wall Street flat as energy gains offset by Facebook, chip stocks
The three main U.S. stock indexes were little changed on Tuesday, as energy stocks gained with oil prices hitting a four-year high, offsetting losses in Facebook and chipmakers.
Uber can force drivers into arbitration: U.S. appeals court
A federal appeals court on Tuesday granted Uber Technologies Inc’s request that drivers be required to use arbitration to pursue claims made in three lawsuits that they were misclassified as independent contractors rather than employees.
U.S. trade chief says Canada running out of time on trilateral NAFTA deal
Canada is failing to make concessions needed to reach a deal with the United States for a trilateral NAFTA pact, and is running out of time before Washington proceeds with a Mexico-only agreement, U.S. Trade Representative Robert Lighthizer said on Tue…
Japan-U.S. shared broad understanding over trade: Japan economy minister
Japan and the United States have reached a broad understanding over how to promote bilateral trade and may announce specifics on Wednesday, Economy Minister Toshimitsu Motegi was quoted as saying after meeting U.S. Trade Representative Robert Lighthize…
Goldman trading executive Bash-Polley to depart at year-end: memo
Stacy Bash-Polley, who plays a key role with clients in Goldman Sachs Group Inc’s trading business, plans to retire at year-end, according to an internal memo sent on Tuesday.
Oil extends rally as Trump reiterates commitment to Iran sanctions
Crude oil prices shot to a fresh four-year high on Tuesday, rallying as U.S. President Donald Trump spoke heatedly about Iran ahead of U.S. sanctions on the country’s crude exports and bolstered by the apparent reluctance of OPEC and Russia to raise ou…
