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

18 hours 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

Exclusive: Brazil's Odebrecht to propose bondholder losses of over 70 percent – sources

23 hours ago DieselGasoil Comments Off on Exclusive: Brazil's Odebrecht to propose bondholder losses of over 70 percent – sources
The corporate logo of the Odebrecht SA construction conglomerate is pictured at its headquarters in Sao Paulo, Brazil August 3, 2018. REUTERS/Paulo Whitaker/File Photo SAO PAULO (Reuters) – Brazilian conglomerate Odebrecht SA next week will ask its bondholders to accept losses of more than 70 percent from their bonds’ face value as part of a Read More

Britain does not support total Huawei network ban: sources

3 days ago DieselGasoil Comments Off on Britain does not support total Huawei network ban: sources
(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said. The logo of China’s Huawei Technologies shines in the bright sun over the headquarters of Read More

Automakers brace for U.S. government report on import tariffs

6 days ago DieselGasoil Comments Off on Automakers brace for U.S. government report on import tariffs
WASHINGTON (Reuters) – A confidential Commerce Department report due to be sent to Donald Trump on Sunday is widely expected to clear the way for the U.S. president to threaten tariffs on imported autos and auto parts by designating the imports a national security threat, auto industry officials said on Friday. FILE PHOTO: Imported vehicles Read More

U.S.-China trade talks to resume next week, Trump hints at extension

6 days ago DieselGasoil Comments Off on U.S.-China trade talks to resume next week, Trump hints at extension
BEIJING/WASHINGTON (Reuters) – The United States and China will resume trade talks next week in Washington with time running short to ease their bruising trade war, but U.S. President Donald Trump repeated on Friday that he may extend a March 1 deadline for a deal and keep tariffs on Chinese goods from rising. Both the Read More

Trust in tailings? Vale dam disaster spurs investors into action

6 days ago DieselGasoil Comments Off on Trust in tailings? Vale dam disaster spurs investors into action
LONDON (Reuters) – Seeking assurances from Brazilian miner Vale by phone after a second deadly dam disaster in three years is not enough for Sasja Beslik. He plans to fly there himself to get answers. FILE PHOTO: The logo of the Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil Read More

U.S.-China trade talks to resume in Washington next week

6 days ago DieselGasoil Comments Off on U.S.-China trade talks to resume in Washington next week
BEIJING/WASHINGTON (Reuters) – Talks between China and the United States to resolve their bruising trade war will resume next week in Washington, with both sides saying this week’s negotiations in Beijing made progress. The White House stood by its March 1 deadline for reaching a deal or raising tariffs on certain Chinese goods, despite U.S. Read More

Xi says trade talks progress, more meetings next week in U.S

6 days ago DieselGasoil Comments Off on Xi says trade talks progress, more meetings next week in U.S
BEIJING (Reuters) – Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war. Xi met U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin after a Read More

Why Walmart farms out same-day grocery deliveries to low-cost freelance drivers

1 week ago DieselGasoil Comments Off on Why Walmart farms out same-day grocery deliveries to low-cost freelance drivers
ALPHARETTA, Ga. (Reuters) – Jeff Leonard slides behind the wheel of his burgundy Hyundai Accord and heads to a nearby Walmart Inc store, where he picks up the package of groceries waiting for him. Jeff Leonard, a DoorDash driver, waits to pickup an order at a Walmart online grocery pickup parking lot in Cumming, Georgia, Read More

Exclusive: FBI investigating top Vitol executives in Americas – sources

1 week ago DieselGasoil Comments Off on Exclusive: FBI investigating top Vitol executives in Americas – sources
RIO DE JANEIRO (Reuters) – The FBI is investigating trading firm Vitol’s top two executives in the Americas in connection with a Brazil bribery case involving deals with Petroleo Brasileiro SA, two sources with direct knowledge of the matter told Reuters. FILE PHOTO: The Federal Bureau of Investigation seal is seen at FBI headquarters in Read More