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Updated: 19 hours 59 min ago

'It's time:' Mexico urges Pelosi to act on North American trade deal

Mon, 12/09/2019 - 22:00
Mexican President Andres Manuel Lopez Obrador on Monday urged

U.S. seals demise of WTO appeals bench - trade officials

Mon, 12/09/2019 - 21:38
The fate of the World Trade Organization's top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said.

U.S. consumer inflation expectations rebound from five-year low - NY Fed

Mon, 12/09/2019 - 21:37
U.S. consumers' inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a five-year low in a New York Federal Reserve survey, potentially offering relief to policymakers worried about sagging inflation.

Palladium eyes $1,900 in record surge, gold firms on trade doubts

Mon, 12/09/2019 - 21:29
Palladium soared to a record just shy of the $1,900 mark on Monday, while gold edged higher as uncertainty over U.S.-China trade talks took center stage ahead of a Dec. 15 deadline for fresh U.S. tariffs.

South Africa's Ramaphosa vows 'drastic' steps to save state companies

Mon, 12/09/2019 - 21:20
South Africa's president said on Monday he would take "drastic" steps if needed to prevent foundering state-owned companies from failing, as the government appointed an independent adviser to manage the country's passenger rail firm.

Brazil’s Marfrig launches global plant-based meat brand

Sun, 12/08/2019 - 19:55
Brazilian food processor Marfrig Global Foods SA on Monday will launch a global brand of plant-based meat products, according to a statement sent to Reuters on Sunday.

VW's German plants need to shape up, says production chief

Sun, 12/08/2019 - 19:29
Volkswagen's German plants need to boost efficiency to match overseas operations, production chief Andreas Tostmann was quoted as saying, targeting 2 billion euros ($2.2 billion) in savings by 2023.

Italy ready to take 18% stake in Ilva steel plant: paper

Sun, 12/08/2019 - 19:25
The Italian state is ready to take an 18% stake in the troubled Ilva steel plant in southern Italy through a public agency, newspaper Il Messaggero reported on Sunday, citing a draft proposal to save the factory.

France ready to take Trump's tariff threat to WTO: Le Maire

Sun, 12/08/2019 - 18:58
France is ready to go to the World Trade Organization to challenge U.S. President Donald Trump's threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday.

Japan's markets watchdog likely to recommend $22 million fine against Nissan: NHK

Sun, 12/08/2019 - 18:53
Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.

China's potential growth below 6% over next 5 years: central bank adviser

Sun, 12/08/2019 - 18:09
China's potential economic growth will be below 6% over the next five years, an adviser to China's central bank said on Saturday.

Iran outlines budget to resist U.S. sanctions as oil exports plunge

Sun, 12/08/2019 - 16:36
Iran's president presented a draft state budget of about $39 billion to parliament on Sunday, saying it was designed to resist U.S. sanctions by limiting dependence on oil exports.

China November exports fall, but import growth hints of recovering demand

Sun, 12/08/2019 - 12:24
China's exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing's stimulus steps are helping to stoke demand.

Trump will make final call on China tariffs, likes direction of talks - Kudlow

Sun, 12/08/2019 - 08:04
Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going.

Top sugar producing state Uttar Pradesh keeps cane prices unchanged

Sun, 12/08/2019 - 07:49
India's top sugar producing state, Uttar Pradesh, has kept unchanged the price that mills must pay to cane growers in the new current season that began in October, according to a government order seen by Reuters on Saturday.

Musk's defamation win may reset legal landscape for social media

Sat, 12/07/2019 - 20:36
Elon Musk's daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet.

Hong Kong Airlines avoids losing licence over cash crunch

Sat, 12/07/2019 - 18:33
A Hong Kong air transport regulator said on Saturday it decided against suspending the licence of Hong Kong Airlines, the city's second largest carrier, after it scrambled for funding.

Ericsson to pay over $1 billion to resolve U.S. corruption probes

Sat, 12/07/2019 - 16:03
Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.

Tesla boss Elon Musk wins defamation trial over his 'pedo guy' tweet

Sat, 12/07/2019 - 14:36
Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.

BOJ to consider offering bleaker view on output as trade war bites - sources

Sat, 12/07/2019 - 10:09
The Bank of Japan will consider offering a bleaker assessment on factory output than in October at its rate review this month, sources said, underscoring its concern over the broadening fallout from the U.S.-China trade war and slowing global demand.