Gold gains as trade concerns weigh on global markets
NEW YORK (Reuters) – Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on global markets on Friday, capping a volatile week that has…
Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document
BEIJING/PARIS (Reuters) – Peugeot maker PSA Group (PEUP.PA) and partner Dongfeng Group (0489.HK) have agreed to cut thousands of jobs in China and drop two of their four shared assembly…
White House’s Navarro says still expecting next round of China trade talks
FILE PHOTO: White House trade adviser Peter Navarro listens to a news conference about a presidential executive order relating to military veterans outside of the West Wing of the White…
U.S. still evaluating requests from firms to sell to China’s Huawei: officials
FILE PHOTO: The Silicon Valley office of Huawei and its U.S. subsidiary Futurewei Technologies Inc. in Santa Clara, California, U.S., July 22, 2019. REUTERS/Lanhee Lee WASHINGTON (Reuters) – The U.S.…
Trump roils markets with comments on China trade, Huawei
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade talks into…
IMF stands by yuan view; says China could need stimulus if trade war worsens
WASHINGTON (Reuters) – The International Monetary Fund on Friday stood by its assessment that the value of China’s yuan was largely in line with economic fundamentals, but an IMF official…
Pope caps reform of Vatican bank with new statutes
VATICAN CITY (Reuters) – Pope Francis has approved new statutes for the Vatican Bank, making an external audit obligatory and introducing other changes to bolster reforms that have turned around…
Timeline: Key dates in the U.S.-China trade war
(Reuters) – Hopes for an early settlement of the yearlong U.S.-China trade war dimmed this week after the United States accused China of manipulating its currency, and U.S. President Donald…
Bayer mediator dismisses report of $8 billion Roundup settlement
NEW YORK/FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said,…
PG&E evaluating proposal from hedge funds Knighthead Capital, Abrams Capital
FILE PHOTO: PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File Photo (Reuters) – Power producer PG&E…