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Pigs may complicate US-China trade negotiations

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By Ganesh Rao, business reporter The decline in pig numbers in China could make trade negotiations with the US more complicated, according to new research. A sharp decline in China’s pig population due to an epidemic of African swine fever has reduced the amount of animal feed imported from the United States, according to an Read More

Wall Street mixed as strong consumer data dampened by trade jitters

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NEW YORK (Reuters) – Wall Street struggled for gains in an up-and-down session on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

Trade tensions keep Wall St. under pressure

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(Reuters) – U.S. stocks struggled for direction after three days of gains on Friday, as investors weighed mixed headlines on trade, with China’s aggressive stance in its trade war with the United States remaining an overhang. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May Read More

Mississippi River barge shipping resumes after floods, but rains to return

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(Reuters) – The upper Mississippi River fully reopened to boat and barge traffic this week for the first time since November as shippers scrambled to move a backlog of overdue fertilizer barges to farmers racing to sow corn before the end of the month. Some fertilizer shipments had been parked on river banks near St. Read More

Wall St. falls after China’s tough talk on trade

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(Reuters) – U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed after Chinese media took a hardline approach to the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

Global private equity firms to bid for Hitachi’s chemical unit: sources

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HONGKONG/FRANKFURT/TOKYO (Reuters) – Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd’s chemical unit, three people familiar with the situation told Reuters. FILE PHOTO: The logo of the Carlyle Group is displayed at the company’s office in Tokyo, Japan October 17, 2018. REUTERS/Issei Read More

Nissan’s Saikawa to stay on as president, Renault chief to join board: sources

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FILE PHOTO: Thierry Bollore, Chief Executive Officer of Renault, poses as he attends French carmaker Renault’s 2018 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 14, 2019. REUTERS/Gonzalo Fuentes/File Photo TOKYO (Reuters) – Japan’s Nissan Motor Co will keep Hiroto Saikawa on as president and will bring in the chief executive Read More

Wall St. advances as earnings, economic data beat expectations

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NEW YORK (Reuters) – Wall Street extended its rally in afternoon trading on Thursday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan McDermid All Read More

Wall St. gains on earnings boost, strong economic data

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(Reuters) – U.S. stock indexes rose 1 percent on Monday and were on pace to extend a two-day winning streak, lifted by better-than-expected earnings from Cisco and Walmart, and robust economic data that underscored the strength of the domestic economy. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Wall St. gains on upbeat earnings, strong economic data

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(Reuters) – U.S. stocks rose on Thursday as upbeat earnings from Walmart and Cisco, and robust domestic economic data helped investors overlook worries about the ongoing trade war between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 14, 2019. REUTERS/Brendan McDermid Read More