Trump says he’s inclined to extend China trade deadline and meet Xi soon
WASHINGTON (Reuters) – President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and…
Canada’s Barrick considers buyout of rival Newmont Mining
MELBOURNE/HOUSTON (Reuters) – Canada’s Barrick Gold Corp said on Friday it considered making an all-stock bid for U.S. rival Newmont Mining Corp, a deal that would create a monolith in…
Italian ruling-party lawmakers push for Huawei ban: paper
FILE PHOTO: The logo of Huawei Technologies in front of the German headquarters of the Chinese telecommunications group in Duesseldorf, Germany, February 18, 2019. REUTERS/Wolfgang Rattay/File Photo MILAN (Reuters) –…
Cryptocurrency companies use ‘backdoor’ listings to ease into mainstream
HONG KONG (Reuters) – Several cryptocurrency exchanges have moved closer to mainstream markets by buying listed companies, looking to raise funds and present themselves as embedded in the traditional financial…
U.S., China haggle over toughest issues in trade war talks
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators haggled on Thursday over the details of a set of agreements aimed at ending their trade war, just one week before…
Oil prices dip as U.S. crude output hits record 12 million barrels per day
SINGAPORE (Reuters) – Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East…
SK Hynix plans to spend $107 billion building four memory chip plants
SEOUL (Reuters) – South Korea’s SK Hynix Inc on Thursday said it would spend $107 billion building four factories, as the memory chip maker seeks to maintain its competitiveness in…
Standard Chartered fined $133 million by Britain’s financial watchdog
People walk inside the main branch of Standard Chartered in Hong Kong, China August 1, 2017. REUTERS/Bobby Yip/File Photo (Reuters) – Standard Chartered Plc said on Wednesday Britain’s financial watchdog…
Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs
SINGAPORE (Reuters) – Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela, but capped by soaring U.S. production and…
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) – Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters,…