BEIJING (Reuters) – China wants to work out an initial trade agreement with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is also not afraid to retaliate when necessary. FILE PHOTO: China’s President Xi Jinping looks on during a joint statement with Brazil’s President
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CHICAGO (Reuters) – Boeing Co (BA.N) has settled more than half of some 118 claims related to the fatal crash of a Lion Air flight on a 737 MAX aircraft in October 2018, attorney Dan Webb said at a court hearing on Thursday. FILE PHOTO: Rescue workers load up recovered debris of Lion Air flight
BEIJING (Reuters) – China will strive to reach a “phase one” trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said on Thursday, in an attempt to allay fears talks might be unraveling. FILE PHOTO: China’s Ministry of Commerce spokesperson Gao Feng attends a news conference at
(Reuters) – Wall Street’s main indexes were lower on Wednesday on concerns that a “phase one” trade deal between Washington and Beijing may not be completed this year, and minutes from the Federal Reserve’s October policy meeting offered little help. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in
Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee LONDON (Reuters) – Aston Martin, which has seen its share price plunge this year as sales failed to meet expectations after a stock market flotation, launched its first sport utility vehicle
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – The chairman of the U.S. National Transportation Safety Board (NTSB) on Tuesday criticized Uber Technologies Inc (UBER.N)
WASHINGTON (Reuters) – A major U.S. labor leader on Monday said there was more work to do on a new U.S.-Mexico-Canada trade agreement, pushing back against comments from House Speaker Nancy Pelosi that a breakthrough was imminent. FILE PHOTO: AFL-CIO union president Richard Trumka addresses the United Auto Workers union 37th Constitutional Convention in Detroit,
WASHINGTON (Reuters) – California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions. FILE PHOTO: Engines assembled as they make their way through
(Reuters) – Saudi Aramco set a price range for its blockbuster listing that implies the oil giant is worth between $1.6 trillion and $1.7 trillion, below the $2 trillion Saudi Crown Prince Mohammed bin Salman previously targeted. FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October
FILE PHOTO: The logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo DUBAI (Reuters) – Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. REUTERS/Lindsey Wasson/File Photo DUBAI (Reuters) – Boeing (BA.N) said on Saturday the U.S. Federal Aviation Administration and other global regulators would decide the timing of the return to service of its
WASHINGTON (Reuters) – The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said. FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China
NEW YORK (Reuters) – Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. FILE PHOTO: Oil pump jacks at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS/Jessica Lutz/File Photo Benchmark Brent crude gained $1.13,
HONG KONG (Reuters) – Alibaba Group’s $13.4 billion Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July. FILE PHOTO: A Hong Kong dollar note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo Large IPOs and share
BARCELONA (Reuters) – German broadcaster ProSiebenSat.1 (PSMGn.DE) is more interested in collaborating in digital growth areas than in a full-blown merger, Chief Executive Max Conze said on Thursday after Italy’s Mediaset (MS.MI) raised its shareholding. FILE PHOTO: German media company ProSiebenSat.1 Media SE Chief Executive Max Conze speaks to reporters during a briefing in Berlin,
(Reuters) – Activist investor Carl Icahn has bought a $1.2 billion stake in HP Inc (HPQ.N) and is pushing for the personal computer maker’s merger with printer maker Xerox Corp (XRX.N), arguing that a union could yield big profits for investors, the Wall Street Journal reported on Wednesday. FILE PHOTO: Billionaire activist investor Carl Icahn