U.S. lifts ban on suppliers selling to China’s ZTE
The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business.
Trump vows ‘great’ trade deal with UK, abruptly changing tack on May’s Brexit plan
President Donald Trump said on Friday the United States and Britain could secure a “great” post-Brexit trade deal, lavishing praise on Prime Minister Theresa May and contradicting his own withering assessment of her strategy publicized hours earlier.
‘Together Against Trump’, thousands protest in London
Chanting “Donald Trump has got to go,” tens of thousands of protesters marched through London on Friday waving banners and banging pots to demonstrate against the U.S. president on his first official visit to Britain.
Industrials, energy push S&P to five-month high; banks weigh
The benchmark S&P 500 edged back to five-month highs on Friday as gains in industrials and energy companies more than offset a drop in financials after a mixed bag of quarterly reports from three big Wall Street banks.
Donald Trump meets Britain’s Queen Elizabeth at Windsor Castle
Donald Trump met Britain’s Queen Elizabeth at Windsor Castle on Friday but the 92-year-old monarch was forced at one point to walk around the U.S. president after he halted abruptly during a ceremonial inspection of the guard.
U.S. ban on China’s ZTE lifted
The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. The Commerce Department had said it would remove the ban after…
Trade data lifts U.S. dollar; stocks flat on mixed earnings
The safe-haven U.S. dollar touched to a two-week high on Friday after data showed a record Chinese trade surplus, while Wall Street stocks were little changed on mixed bank earnings and gains in industrials.
Oil rises but set for second weekly fall as supply concerns ease
Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. san…
U.S. import prices post biggest drop in over two years
U.S. import prices fell the most in more than two years in June as prices for petroleum products fell and a strong dollar weighed on the costs of other goods.
UK PM May doing ‘fantastic’ job on Brexit, says Trump, promising trade deal
U.S. President Donald Trump said on Friday he looked forward to finalizing a post-Brexit trade deal with Britain, marking an abrupt change from a newspaper interview when he said Prime Minister Theresa May’s strategy would kill such an agreement.
