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China’s tough rhetoric leaves trade talks with U.S. in limbo

2 days ago DieselGasoil Comments Off on China’s tough rhetoric leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, U.S. officials accuse China of Read More

China’s tough trade rhetoric leaves talks with U.S. in limbo

2 days ago DieselGasoil Comments Off on China’s tough trade rhetoric leaves talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, U.S. officials accuse China of Read More

Tough talk from China leaves trade talks with U.S. in limbo

2 days ago DieselGasoil Comments Off on Tough talk from China leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. A container is carried onto a truck in a logistics center near Tianjin Port, in northern China, May Read More

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions

3 days ago DieselGasoil Comments Off on U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions
(Reuters) – Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended Wednesday, according to data released by Refinitiv’s Lipper research service on Thursday. It was the category’s fourth consecutive week of outflows, Lipper data showed. Investors sought shelter from plummeting equity Read More

U.S., European shares strengthen after Trump auto-tariff delay

4 days ago DieselGasoil Comments Off on U.S., European shares strengthen after Trump auto-tariff delay
NEW YORK (Reuters) – U.S. and European stock indexes erased losses and turned positive on Wednesday after news that U.S. President Donald Trump planned to delay tariffs on auto imports, outweighing earlier pressure on equities and government bond yields caused by weak U.S. and Chinese economic data. FILE PHOTO: The London Stock Exchange Group offices Read More

UK energy network firms rattled by Labour state ownership plan

4 days ago DieselGasoil Comments Off on UK energy network firms rattled by Labour state ownership plan
LONDON (Reuters) – Britain’s opposition Labour Party intends to take energy networks back into state ownership if elected, prompting infrastructure owners to warn of damage to investment, high taxpayer costs and a slower transition to green energy. FILE PHOTO: Workers paint an electricity pylon near Lymm, northern England February 18, 2015.REUTERS/Phil Noble/File Photo Labour’s shadow Read More

Magnitude 7.5 quake hits off Papua New Guinea, teams assess damage

5 days ago DieselGasoil Comments Off on Magnitude 7.5 quake hits off Papua New Guinea, teams assess damage
SYDNEY/WELLINGTON (Reuters) – Disaster officials dispatched local relief teams in Papua New Guinea’s New Britain province on Wednesday to monitor remote communities for casualties or damage after a strong, shallow earthquake rattled the island the previous evening. The magnitude 7.5 quake triggered an initial tsunami warning, though local officials said no waves were observed, nor Read More

Global stocks bounce back as Trump downplays U.S.-China trade fight

5 days ago DieselGasoil Comments Off on Global stocks bounce back as Trump downplays U.S.-China trade fight
NEW YORK (Reuters) – U.S. and European stocks regained ground on Tuesday after President Donald Trump downplayed the U.S.-China trade war as “a little squabble” a day after a spike in tensions between the world’s two largest economies rattled financial markets. Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Global stocks rebound as Trump downplays U.S.-China trade fight

5 days ago DieselGasoil Comments Off on Global stocks rebound as Trump downplays U.S.-China trade fight
NEW YORK (Reuters) – U.S. and European stocks regained ground on Tuesday after President Donald Trump downplayed the U.S.-China trade war as “a little squabble” a day after a spike in tensions between the world’s two largest economies rattled financial markets. Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Trump: No collapse in China trade talks, tariff war ‘a little squabble’

5 days ago DieselGasoil Comments Off on Trump: No collapse in China trade talks, tariff war ‘a little squabble’
WASHINGTON (Reuters) – U.S. President Donald Trump insisted on Tuesday that trade talks with China have not collapsed and called the widening U.S.-China tariff war “a little squabble,” even as his administration readies 25% duties on all remaining Chinese imports. Expanding on a stream of optimistic early morning tweets about the state of talks, Trump Read More