Business

LONDON (Reuters) – Oil prices dipped on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December
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FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, U.S., September 18, 2019. REUTERS/Sarah Silbiger DENVER (Reuters) – Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts amid global economic risks, and said the time to allow the
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WASHINGTON/SHANGHAI (Reuters) – The U.S. government widened its trade blacklist to include some of China’s top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week. The decision, which drew a sharp rebuke from Beijing, targets 20 Chinese public security bureaus
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FILE PHOTO: A Mercedes-Benz “Vision URBANETIC” concept car is seen in front of the Daimler AG logo during the company’s annual news conference in Stuttgart, Germany, February 6, 2019. REUTERS/Michael Dalder BERLIN (Reuters) – Daimler (DAIGn.DE) said on Tuesday Mercedes-Benz customers in Germany could apply for a 3,000 euro ($3,350) subsidy to upgrade the exhaust
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FILE PHOTO: Spain’s acting Prime Minister Pedro Sanchez looks on during a news conference at the Moncloa Palace after a meeting with King Felipe in Madrid, Spain, September 17, 2019. REUTERS/Javier Barbancho MADRID (Reuters) – Spain’s acting prime minister Pedro Sanchez said on Saturday he would seek to defend the country’s agricultural sector in the
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WASHINGTON, (Reuters) – The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing. The Labor Department’s closely watched monthly employment report on Friday, however, contained reminders that the risks
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LONDON/WASHINGTON (Reuters) – President Donald Trump hailed a “nice victory” on Thursday after the United States got the green light to place tariffs on European Union goods in a row over EU aircraft subsidies. But Wednesday’s decision by the World Trade Organization (WTO) left Scottish whisky makers, Spanish winemakers and French cheesemakers fuming as the
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SAN FRANCISCO (Reuters) – Axon Enterprise Inc, the leading maker of U.S. police body cameras, began shipping new devices last week with security upgrades it says could aid in thwarting and discrediting “deepfake” videos. FILE PHOTO: The headquarters for Axon Enterprise Inc, formerly Taser International, is seen in Scottsdale, Aizona, U.S., May 17, 2017. REUTERS/Ricardo
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LONDON (Reuters) – Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data showed a surprise drop in inventories in the United States. FILE PHOTO: A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, Shandong province, China
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TORONTO (Reuters) – Lawyers for Huawei Chief Financial Officer Meng Wanzhou detailed a list of emails, notes and other records they are seeking to prove that her rights were violated before her December arrest at Vancouver’s airport, according to a court document released on Monday. Huawei Technologies Chief Financial Officer Meng Wanzhou returns to British
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(Reuters) – WeWork’s parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer. FILE PHOTO: A man enters a WeWork co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan
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