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China phases out 280,000 T of ozone-depleting substances in 2018: Xinhua

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FILE PHOTO: A general view of buildings in Shanghai city amid heavy smog in Shanghai, China October 18, 2018. REUTERS/Aly Song SHANGHAI (Reuters) – China has phased out 280,000 tonnes of ozone-depleting substance (ODS) production as part of its obligations to the 1988 Montreal Protocol aimed at protecting the ozone layer, the official Xinhua news Read More

Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash

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PARIS/ADDIS ABABA (Reuters) – The grounding of Boeing’s 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will get painful for the industry the longer they do not fly, companies and analysts said on Friday. Ethiopian Airlines Flight 302 crashed soon after take-off Read More

Wall Street climbs with tech shares, trade optimism

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NEW YORK (Reuters) – U.S. stocks rose on Friday, led by technology companies, as sentiment was lifted by an upbeat note in trade talks between the United States and China. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo China’s Read More

Global stocks gain on trade optimism, set for best week since January

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LONDON (Reuters) – Global stocks rose on Friday after a report that U.S.-China trade talks were making progress and a vote by UK lawmakers to delay Britain’s exit from the European Union. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville European stocks Read More

Asian stocks up as Sino-U.S. trade talks in focus, dollar supported

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TOKYO (Reuters) – Asian stocks stepped ahead on Friday as sentiment improved on a report that more progress has been made in U.S.-China trade talks and after UK lawmakers voted to delay a potentially chaotic exit from the European Union. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage Read More

China, U.S. discuss key issues in trade talks: Xinhua

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FILE PHOTO: An attendant serves tea for Chinese Vice Premier Liu He at the opening session of the Chinese People’s Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, China March 3, 2019. REUTERS/Jason Lee BEIJING (Reuters) – Chinese Vice Premier Liu He held a telephone call on Tuesday with U.S. Read More

'Absurd' to say Trump unreliable trade negotiator with China: White House

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WASHINGTON (Reuters) – The White House said on Monday it was “absurd” to suggest that President Donald Trump was an unreliable negotiator as China reportedly balks at a summit with President Xi Jinping over concerns Trump would walk away from a trade deal. White House Press Secretary Sarah Sanders and Office of Management and Budget Read More

BRICS bank to issue loans of up to $40 billion by 2022

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The BRICS New Development Bank (NDB) will issue bonds in South Africa and commercial paper in US dollars in the first half of this year, according to the bank’s president, K.V. Kamath. “Most of the work is done and it’s basically finalizing the launch,” he told Xinhua news. The new bonds in South Africa will Read More