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U.S., China struggle to bridge trade gaps, more time seen likely

1 hour ago DieselGasoil Comments Off on U.S., China struggle to bridge trade gaps, more time seen likely
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators met on Friday to wrap up a week of talks that have seen the two sides struggle over the details of structural reform commitments by China, increasing the likelihood of extending the March 1 U.S. deadline for a deal. FILE PHOTO: U.S. Trade Representative Robert Lighthizer Read More

U.S., China resume talks on thorniest issues in trade war

4 hours ago DieselGasoil Comments Off on U.S., China resume talks on thorniest issues in trade war
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators met on Friday to wrap up a week of talks that have seen the two sides struggle to detail how to bridge deep differences on China’s role in global commerce. FILE PHOTO: U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Read More

France wants agriculture kept out of a EU-U.S. trade deal: Elysee

5 hours ago DieselGasoil Comments Off on France wants agriculture kept out of a EU-U.S. trade deal: Elysee
PARIS (Reuters) – France opposes including agricultural products in any trade deal between the United States and the European Union, a source at French President Emmanuel Macron’s office said on Friday. “The president has said it already, France is opposed to signing any EU-US trade deal that would include agricultural products. It’s an absolute red Read More

China denies banning Australian coal, says imports continue as normal

6 hours ago DieselGasoil Comments Off on China denies banning Australian coal, says imports continue as normal
The Chinese Foreign Ministry has denied reports of putting restrictions on coal shipments from Australia. Delays in handling coal imports were due to stepped up inspections to protect the environment, it said on Friday. “In recent years, China Customs has found that some of the imported coal didn’t meet our environmental protection standards when it Read More

Saudi Arabia inks $10 billion refinery deal with China as crown prince visits Beijing

6 hours ago DieselGasoil Comments Off on Saudi Arabia inks $10 billion refinery deal with China as crown prince visits Beijing
Oil major Saudi Aramco and Chinese companies have signed an agreement to develop a joint Refining and petrochemical complex worth more than US$10 billion during Crown Prince Mohammed Bin Salman’s two-day trip to Beijing. Aramco and China North Industries Corporation, officially abbreviated as Norinco, along with Panjin Sincen, agreed to create “the largest Sino-Foreign” joint Read More

Exclusive: Safety problem found at Orano's Finnish reactor before start-up – regulator

6 hours ago DieselGasoil Comments Off on Exclusive: Safety problem found at Orano's Finnish reactor before start-up – regulator
FILE PHOTO: A general view of the unfinished Olkiluoto-3 nuclear reactor in Eurajoki, Finland August 17, 2017. REUTERS/Lefteris Karagiannopoulos/File Photo OSLO (Reuters) – Finland’s nuclear regulator has identified a safety issue at Olkiluoto 3, a 1.6-gigawatt reactor built by France’s Orano, and the problem needs to be fixed before the unit can receive a permit Read More

EU drafting retaliatory tariff list hitting Caterpillar, Xerox, Samsonite: Bloomberg

6 hours ago DieselGasoil Comments Off on EU drafting retaliatory tariff list hitting Caterpillar, Xerox, Samsonite: Bloomberg
FILE PHOTO – Caterpillar Inc. equipment is on display for sale at a retail site in San Diego, California, U.S., March 3, 2017. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – The European Union is drafting a list of retaliatory tariffs that would target Caterpillar Inc, Xerox Corp and Samsonite International if U.S. President Donald Trump imposes Read More

EU debates when to start trade talks with Trump

7 hours ago DieselGasoil Comments Off on EU debates when to start trade talks with Trump
BUCHAREST (Reuters) – European Union ministers began debating on Friday when to start trade negotiations with the United States, aware that U.S. President Donald Trump may impose punitive tariffs on EU car imports if they wait too long. FILE PHOTO: U.S. President Donald Trump speaks about trade relations with President of the European Commission Jean-Claude Read More

Global shares nudge higher, Aussie dollar rebounds after slide

11 hours ago DieselGasoil Comments Off on Global shares nudge higher, Aussie dollar rebounds after slide
LONDON (Reuters) – Global shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after China denied it had halted Australian coal imports. A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu Read More

China rebound drives Asian shares higher

13 hours ago DieselGasoil Comments Off on China rebound drives Asian shares higher
SHANGHAI (Reuters) – Shares in Asia recouped early losses on Friday, buoyed by strong gains in China as signs of progress in trade talks with the United States offset worries about a deteriorating global economic outlook. A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing, Read More