[ad_1] LONDON A(Reuters) – Time is of the essence if the UK authorities are to broker a rescue of British Steel after it collapsed into liquidation, putting 25,000 jobs at risk. FILE PHOTO: A British
China says U.S. needs to fix ‘wrong actions’ as Huawei ban rattles supply chains
[ad_1] BEIJING (Reuters) – China said the United States needs to correct its “wrong actions” in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains
Global Markets: Shares skid on view trade spat morphing into tech cold war
[ad_1] LONDON (Reuters) – World shares skidded lower on Thursday as concerns grew that the China-U.S. trade conflict was fast turning into a technology cold war between the world’s two largest economies and that Brexit
China calls out U.S. ‘wrong actions’ as Huawei ban rattles supply chains
[ad_1] BEIJING (Reuters) – China said the United States needs to correct its “wrong actions” for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains and battered
Indian stocks shed big gains as euphoria on Modi election victory fades
[ad_1] MUMBAI/BENGALURU (Reuters) – India’s stock market shot to record highs early on Thursday on news the prime minister was easily securing a second term, but all the gains vanished as investors took profits and
Deutsche Bank CEO readies investment bank cuts as stock hits low
[ad_1] FRANKFURT (Reuters) – Deutsche Bank’s chief executive is prepared to make “tough cutbacks” in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive.
Oil continues slide on U.S. crude stockpiles surge
[ad_1] LONDON (Reuters) – Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as ample supply and weak refinery data weighed on demand. FILE PHOTO: Gas flares from
Asia oil refiners mull run cuts after margins hit lowest for season since 2003
[ad_1] FILE PHOTO: China National Offshore Oil Corporation’s (CNOOC) oil refinery is seen in Huizhou, China’s southern Guangdong province July 28, 2009. REUTERS/Tyrone Siu/File Photo SINGAPORE (Reuters) – Asia’s oil refiners are considering reducing output
Oil slips 1% as U.S. stockpiles surge, economic concerns grow
[ad_1] SINGAPORE (Reuters) – Oil prices dropped by around 1% on Thursday, extending falls from the previous session amid surging U.S. crude inventories and weak demand from refineries. FILE PHOTO: A maze of crude oil
Indian stocks hit record highs; rupee, bonds gain as Modi on track for big win
[ad_1] MUMBAI (Reuters) – Indian stock markets hit record highs while the rupee and bonds rallied as early vote counting in general elections showed the ruling National Democratic Alliance with Narendra Modi at the helm