August 6, 2018

Oil prices rise after Saudi output dips, U.S. drilling stalls

Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. Powered by WPeMatico
August 6, 2018

China state media attacks Trump on trade in unusually harsh terms

China’s state media on Monday lashed out at the policies of U.S. President Donald Trump in an usually direct attack, accusing him of “starring in his […]
August 6, 2018

Asian stocks gain on move by China’s central bank, but trade war weighs

Asian stocks rose on Monday after China’s central bank took steps to try to drag the yuan away from 14-month lows, but the tit-for-tat conflict over […]
August 5, 2018

CBS entertainment chief defends network amid Moonves allegations

The president of CBS Entertainment said on Sunday that the broadcast network is committed to a safe workplace following a “tough week” clouded by allegations of […]
August 5, 2018

Munich Re to back away from coal-related business: CEO

Munich Re , the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with […]
August 5, 2018

Indonesia lobbies U.S. to maintain special tariff treatment

Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its […]
August 5, 2018

Huawei in British spotlight over use of U.S. firm’s software

Huawei Technologies [HWT.UL] is facing increased scrutiny in Britain because it is using an aging software component sold by a firm based in the United States, […]
August 4, 2018

Linde says regulators likely to demand more divestitures in Praxair deal

German industrial gases group Linde said it and U.S. rival Praxair may need to sell more assets than anticipated to secure antitrust approval for their planned […]
August 4, 2018

ECB’s Lautenschlaeger says worried about banking deregulation: Welt am Sonntag

An easing of European banking regulation risks taking power from regulators to ensure that banks have sufficient capital to withstand crises, ECB board member Sabine Lautenschlaeger […]
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