China says it does not want U.S. trade frictions to escalate
BEIJING (Reuters) – China’s Commerce Ministry said on Thursday that the country does not want an escalation of trade frictions with the United States, and that some specific progress was made in the latest round of talks that concluded over the weekend…
Strong fundamentals support Asian shares, Euro, yields up after ECB comments
TOKYO (Reuters) – Asian shares rose to 2 1/2-month high on Thursday, supported by strong economic fundamentals, while expectations the European Central Bank could start to wind down its stimulus boosted the euro and global bond yields.
Oil prices rise on Venezuelan supply troubles, but U.S. output surges
BEIJING (Reuters) – Oil prices rose on Thursday to shake off some of the previous session’s losses, supported by plunging exports by OPEC-member Venezuela.
Trump sticks with hard line on trade as showdown looms at G7
WASHINGTON/OTTAWA (Reuters) – U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit…
Icahn buys small stake in drugmaker Allergan: sources
(Reuters) – Billionaire investor Carl Icahn has acquired a small stake in Allergan Plc at a time when the drugmaker is under pressure from other activist shareholders, people familiar with the matter said on Wednesday.
Congress has few options to stop Trump from saving China’s ZTE
WASHINGTON (Reuters) – There is little Congress can do to stop President Donald Trump if he wants to relax penalties on ZTE Corp , despite strong bipartisan opposition to easing restrictions on China’s No. 2 telecommunications equipment maker.
Trump’s move to please farmers on biofuels reform draws refinery union ire
(Reuters) – U.S. President Donald Trump, in yielding to pressure from farming states and agreeing to suspend changes to U.S. biofuel policy is now being criticized by another important constituency, the main union for oil refinery workers.
Wal-Mart settles discrimination lawsuit by transgender worker
(Reuters) – Wal-Mart Stores Inc on Wednesday settled a lawsuit by a transgender former employee in North Carolina who accused the retail giant of unlawfully firing her for complaining about harassment.
Wall Street rises on economic data, easing trade worries
NEW YORK (Reuters) – Wall Street indexes rallied on Wednesday with help from financial stocks as investors eyed strong economic data and trade war fears took a back seat while the Nasdaq registered its third straight record closing high.
Trump to stick with hard line on trade as G7 showdown looms
WASHINGTON/OTTAWA (Reuters) – U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit…
