BEIJING (Reuters) – China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown. FILE PHOTO: A teller counts yuan banknotes at a China
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FILE PHOTO: Grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Southwest Airlines Co (LUV.N) said on Thursday it would extend cancellations of 737 MAX flights through June 6, as the grounding of the Boeing Co (BA.N) jet
NEW YORK/SINGAPORE (Reuters) – U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world’s two largest economies struck a trade agreement after a more than year-long tariff war, executives and traders said on Wednesday. FILE PHOTO: A liquified natural gas (LNG) tanker leaves the dock after discharge at PetroChina’s
LONDON (Reuters) – World stocks eased off record highs on Wednesday and U.S. and German bond yields slipped, as euphoria over a U.S.-China trade deal was tempered by U.S. Treasury Secretary Steven Mnuchin saying tariffs on Chinese goods would remain in place for now. The 18-month trade spat should enter a quieter phase as U.S.
FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington, U.S., October 11, 2019. REUTERS/Yuri Gripas WASHINGTON (Reuters) – The first phase of a U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S.
WASHINGTON (Reuters) – China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus over $50 billion more in energy supplies, according to a source briefed on a trade deal to be signed on Wednesday. FILE PHOTO: Chinese and U.S. flags are set
TOKYO (Reuters) – The yen plumbed an eight-month low while the yuan climbed to its highest level since July on Tuesday, after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator. FILE PHOTO: South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar
LONDON (Reuters) – World stock markets were flat on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see details of the agreement. After rising in early trade, European shares were last down 0.2% by midday. Germany’s DAX fell 0.3%, France’s
SEATTLE (Reuters) – Seattle, the Pacific Northwest city where home-grown online retailer Amazon.com has increasingly flexed its political muscle, is expected to approve on Monday legislation banning political contributions by companies with at least 5% foreign ownership. FILE PHOTO: An aerial photo looking south shows Gas Works Park and Lake Union with downtown Seattle in
FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran, Saudi Arabia May 23, 2018. Picture taken May 23, 2018. REUTERS/Ahmed Jadallah/File Photo DUBAI (Reuters) – State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of
FILE PHOTO: Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer (Reuters) – The United States and China have agreed to restart semi-annual talks aimed at resolving economic disputes between the two countries, a process abandoned at the start of the Trump administration as
NEW DELHI (Reuters) – Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc (AMZN.O) founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials. FILE PHOTO: Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit,
(Reuters) – Alphabet’s new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google’s parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate. FILE PHOTO: Google Executive Chairman Eric Schmidt (L) and David
FRANKFURT (Reuters) – Soaring demand for SUVs drove record sales for premium carmakers including BMW and Mercedes last year, leaving the industry on collision course with government efforts to tackle global warming despite big investments in electric vehicles. FILE PHOTO: A Mercedes-Maybach GLS sports utility vehicle (SUV) is seen at a launch event ahead of
(Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg said on Thursday he was dropping his annual challenges this year to take a longer-term focus on the decade ahead. FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, U.S., October 23, 2019. REUTERS/Erin
BEIRUT (Reuters) – A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges. FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures as he speaks during a news conference