newszine

WTO enters judicial drought as U.S. blocks another judge

2 months ago DieselGasoil Comments Off on WTO enters judicial drought as U.S. blocks another judge
GENEVA (Reuters) – The supreme court of world trade will be running on fumes from the end of this month after the United States turned down a last-ditch petition to reappoint one of the four remaining judges at the World Trade Organization. Shree Baboo Chekitan Servansing, Thomas R. Graham and Ujal Singh Bhatia, three members Read More

Health stocks lift Wall Street as banks dip ahead of expected rate hike

2 months ago DieselGasoil Comments Off on Health stocks lift Wall Street as banks dip ahead of expected rate hike
(Reuters) – Healthcare stocks helped prop up Wall Street on Wednesday, although banks slipped ahead of a widely expected interest rate hike by the U.S. Federal Reserve. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 20, 2018. REUTERS/Brendan McDermid With a third rate hike all but Read More

China leads world stocks higher ahead of Fed rate decision

2 months ago DieselGasoil Comments Off on China leads world stocks higher ahead of Fed rate decision
NEW YORK (Reuters) – An advance in Chinese equity markets set a modestly positive tone for world stocks on Wednesday, despite continued trade tensions with the United States, as investors awaited an expected interest rate increase by the U.S. Federal Reserve. Traders work on the floor of the New York Stock Exchange (NYSE) in New Read More

Trade war may boost Chinese economy & hurt US growth – ECB

2 months ago DieselGasoil Comments Off on Trade war may boost Chinese economy & hurt US growth – ECB
The United States will have most to lose if it starts a trade war with other countries, while China would be better off after retaliating, research from the European Central Bank shows. The study simulated a ten percent US tariff on all imports and an equivalent retaliation from other countries. “Estimation results suggest that the Read More

Rupert Murdoch's Fox to sell Sky stake to Comcast

2 months ago DieselGasoil Comments Off on Rupert Murdoch's Fox to sell Sky stake to Comcast
LONDON (Reuters) – Rupert Murdoch’s Fox (FOXA.O) said on Wednesday it would sell its 39 percent stake in Sky (SKYB.L) to Comcast (CMCSA.O), the U.S cable giant that outbid it in an auction to take control of the European pay-TV group on Saturday. The Twenty-First Century Fox Studios building is seen in Los Angeles, California Read More

Health shares prop up Wall Street as banks dip ahead of expected rate hike

2 months ago DieselGasoil Comments Off on Health shares prop up Wall Street as banks dip ahead of expected rate hike
(Reuters) – Health stocks helped Wall Street edge higher on Wednesday, although banks slipped ahead of a widely expected interest rate hike by the U.S. Federal Reserve. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 20, 2018. REUTERS/Brendan McDermid Financial stocks overall .SPSY were 0.13 percent Read More