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Apple teams with Ant Financial, banks for interest-free iPhone financing in China

5 hours ago DieselGasoil Comments Off on Apple teams with Ant Financial, banks for interest-free iPhone financing in China
SHANGHAI (Reuters) – Apple Inc has teamed up with Chinese payments giant Ant Financial Services Group and several local banks to offer interest-free financing, its first such move in the country as it looks to boost waning smartphone sales. FILE PHOTO: A new iPhone X is sold at an Apple Store in Beijing, China November Read More

U.S., China haggle over toughest issues in trade war talks

9 hours ago DieselGasoil Comments Off on 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 a Washington-imposed deadline for a deal expires and triggers higher U.S. tariffs. U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin and Commerce Secretary Read More

U.S., China resume trade talks to thrash out structural agreements

14 hours ago DieselGasoil Comments Off on U.S., China resume trade talks to thrash out structural agreements
WASHINGTON (Reuters) – The top U.S. and Chinese trade negotiators resumed high-level talks on Thursday to hash out a deal that could end their trade war, just over a week before a U.S.-imposed deadline to reach agreement expires and triggers a new round of tariffs. U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin Read More

Russia’s industrial zone in Egypt’s Suez Canal to be launched by end of 2020-early 2021

1 day ago DieselGasoil Comments Off on Russia’s industrial zone in Egypt’s Suez Canal to be launched by end of 2020-early 2021
The construction of Russia’s industrial zone in one of the world’s major transportation routes, the Suez Canal area in Egypt, will be finished soon. That’s according to the head of the Suez Canal Authority, Mohab Mamish, who told TASS the zone will be “launched in late 2020 – beginning of 2021.” He said factories manufacturing Read More

Factbox: U.S., China drafting memorandums for possible trade deal

1 day ago DieselGasoil Comments Off on Factbox: U.S., China drafting memorandums for possible trade deal
(Reuters) – Top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues in their seven-month trade war. <img src="https://s4.reutersmedia.net/resources/r/?m=02&d=20190221&t=2&i=1358738795&r=LYNXNPEF1K03S&w=450" aria-label="FILE PHOTO: Workers transport imported soybean products at a port in Nantong, Jiangsu province, China April 9, 2018. REUTERS/Stringer/File Photo Read More

Exclusive: U.S., China sketch outlines of deal to end trade war – sources

1 day ago DieselGasoil Comments Off on Exclusive: U.S., China sketch outlines of deal to end trade war – sources
WASHINGTON (Reuters) – The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources familiar with the negotiations. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin, second from left, U.S. Trade Representative Read More

Putin orders Russian brand of ‘green’ non-GMO produce to be set up

2 days ago DieselGasoil Comments Off on Putin orders Russian brand of ‘green’ non-GMO produce to be set up
Russia’s enormous natural resources should serve as a guarantee of high quality food production, according to President Vladimir Putin. The country has ensured its independence on the global wheat market, he added. “We are not just one of the largest exporters of wheat, last year’s exports amounted to 44 million tons. We have reached at Read More

Asia shares scale four-and-a-half month peak on hopes of U.S.-China trade deal

2 days ago DieselGasoil Comments Off on Asia shares scale four-and-a-half month peak on hopes of U.S.-China trade deal
TOKYO (Reuters) – Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war. FILE PHOTO: A visitor is seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Read More

Asian millers turn to Argentina for wheat as drought hits Australian output

2 days ago DieselGasoil Comments Off on Asian millers turn to Argentina for wheat as drought hits Australian output
(Reuters) – Asian wheat millers are snapping up cargoes of the grain from Argentina to arrive in the first-half of the year, typically peak-export season for traditional supplier Australia where a second year of drought is hitting production. FILE PHOTO – A combine harvester is used to harvest wheat in a field in the village Read More

Asia shares rally to four-and-a-half month peak on hopes of U.S.-China trade deal

2 days ago DieselGasoil Comments Off on Asia shares rally to four-and-a-half month peak on hopes of U.S.-China trade deal
TOKYO (Reuters) – Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war. FILE PHOTO: A visitor is seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Read More