News 2017-12-19T08:55:06+00:00

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  • Treasury chief may visit China as trade tensions simmer
    on April 22, 2018 at 5:47 am

    WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could ease tensions between the world's two largest economies, as international policymakers acknowledged Beijing needs to change its trade practices. […]

  • World Bank shareholders back $13 billion capital increase
    on April 21, 2018 at 10:57 pm

    WASHINGTON (Reuters) - The World Bank's shareholders on Saturday endorsed a $13 billion paid-in capital increase that will boost China's shareholding but bring lending reforms that will raise borrowing costs for higher-middle-income countries, including China. […]

  • Japan may soften trade stance as U.S. keeps up pressure
    on April 21, 2018 at 10:50 pm

    WASHINGTON (Reuters) - Despite calls to resist protectionism and for the United States to rejoin a multilateral trans-Pacific trade pact, Japan is gradually shifting gear to adjust to a trade environment shaken up by U.S. President Donald Trump. […]

  • U.S. regulator permits China's ZTE to submit more evidence
    on April 21, 2018 at 4:03 pm

    NEW YORK (Reuters) - The U.S. Commerce Department has granted ZTE Corp's request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday. […]

  • Telecom standards group puts new technology on hold in wake of U.S. probe
    on April 21, 2018 at 2:06 pm

    WASHINGTON (Reuters) - A telecommunications standards organization - GSMA - said on Saturday it is delaying implementation of a new cellphone technology due to a U.S. government probe of alleged coordination between the group, AT&T Inc and Verizon Communications Inc to hinder consumers from easily switching wireless carriers. […]

  • U.S. sanctions on Vekselberg have $1.5-$2 billion assets frozen: sources
    on April 21, 2018 at 1:09 pm

    ZURICH/MOSCOW - Assets totaling between $1.5 billion and $2 billion have been frozen as a result of sanctions imposed on Russian oligarch Viktor Vekselberg and his Renova Group conglomerate, two sources close to the matter told Reuters on Saturday. […]

  • Ford tells WPP it will take bids from other ad agencies
    on April 21, 2018 at 12:26 pm

    LONDON (Reuters) - Ford Motor Company said on Saturday it will take bids on some of its advertising managed by WPP , adding to uncertainty around the British ad giant after last week's exit of founder Martin Sorrell. […]

  • Trump's next $100 billion tariff dilemma: hit Wal-Mart or Apple Store?
    on April 21, 2018 at 2:39 am

    WASHINGTON (Reuters) - U.S. consumers may be about to directly feel the effects of the trade fight started by U.S. President Trump with China and other countries this year when a new list of Chinese imports to be taxed is announced in coming days. […]

  • Apple offers battery replacement for some MacBooks after flaws reported
    on April 21, 2018 at 2:17 am

    (Reuters) - Apple Inc on Friday said component failure in a limited number of MacBook Pros has caused built-in battery to expand, adding, it will offer worldwide free replacement for such batteries. […]

  • Trade tensions set for brighter U.S. corporate spotlight
    on April 20, 2018 at 11:46 pm

    NEW YORK (Reuters) - The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly results that may provide a glimpse into the impact of those global tensions. […]