February 13, 2019

AIG swings to loss, hit by catastrophes and volatile market

American International Group Inc on Wednesday reported a quarterly loss as the insurer was hit with catastrophe losses and made a lower return on investments in […]
February 13, 2019

Democratic lawmakers say U.S. military action in Venezuela ‘not an option’

Democratic lawmakers on Wednesday said Congress would oppose U.S. military intervention in Venezuela and challenged the credibility of President Donald Trump’s special envoy, Elliott Abrams, over […]
February 13, 2019

Oil gains on Saudi output cuts; rally limited by U.S. output

Oil prices rose almost 2 percent on Wednesday after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to […]
February 13, 2019

U.S. posts another budget deficit as tax revenues sag

The U.S. federal government ran a $14 billion budget deficit in December as revenues sagged following last year’s tax cuts even as the economy appeared strong, […]
February 13, 2019

‘So far, so good,’ Mnuchin says of trade talks in China

U.S. Treasury Secretary Steven Mnuchin said trade talks with China went well on Wednesday, as the world’s two largest economies try to iron out an agreement […]
February 13, 2019

Trump, Xi expected to meet ‘sometime in March’: USDA official

U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet next month, a U.S. Department of Agriculture official said at an industry event […]
February 13, 2019

Trump says trade negotiations with China going very well

U.S. President Donald Trump on Wednesday sounded a positive note on the ongoing trade talks with China, telling reporters that Washington had sent a talented team […]
February 13, 2019

Ford recalls 1.48 million F-150 pickups in North America over transmissions

Ford Motor Co said on Wednesday it was recalling about 1.48 million F-150 pickup trucks in North America due to a potential transmission downshift issue that […]
February 13, 2019

Exclusive: FBI investigating top Vitol executives in Americas – sources

The FBI is investigating trading firm Vitol’s top two executives in the Americas in connection with a Brazil bribery case involving deals with Petroleo Brasileiro SA, […]
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