November 5, 2019

China presses Trump for more tariff roll-backs in ‘phase one’ trade deal

China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a “phase one” U.S.-China trade deal, people familiar with […]
November 5, 2019

Ross says phase one trade deal with China will be good start

U.S. Commerce Secretary Wilbur Ross said on Tuesday that very good progress was being made towards completing a phase one trade agreement with China and he […]
November 5, 2019

Samsung says to shut down U.S. CPU research division

Samsung Electronics Co Ltd said on Tuesday it will shut down a CPU research division at one of its U.S. facilities, a move that analysts said […]
November 5, 2019

Oil steadies after gains driven by trade optimism

Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later, following two days of gains on positive economic data and […]
November 5, 2019

Asian shares near July peak as optimism grows on trade, economy

Asian shares approached their July peak on Tuesday on signs the United States and China are inching closer to a truce in their trade war and […]
November 4, 2019

ArcelorMittal to hand Ilva plant back to Italian state over legal row

ArcelorMittal said on Monday it was withdrawing from a deal to buy struggling Italian steelmaker Ilva after Rome reneged on a promise to give it immunity […]
November 4, 2019

Caterpillar lays off 120 temporary workers in Texas -spokeswoman

Caterpillar Inc said on Monday it has laid off 120 temporary workers at a plant in Texas following its decision to reduce production. Powered by WPeMatico
November 4, 2019

Wall St. extends recent gains on trade deal optimism

U.S. stocks rose on Monday, hitting record highs again on hopes of a U.S.-China trade deal and an improving domestic economy. Powered by WPeMatico
November 4, 2019

Global stocks rise on trade hopes, dollar gains on risk appetite

The dollar strengthened and global stock markets rallied on Monday on signs the United States and China are nearing the end of a damaging trade war […]
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