[ad_1] (Reuters) – Gold prices edged lower on Wednesday, but still held above the pyschological $1,400 level, as the dollar gained after robust U.S. retail sales tempered fears of a sharp downturn in the world’s
BHP iron ore output rebounds in fourth-quarter, set for modest growth in 2019/20
[ad_1] MELBOURNE (Reuters) – BHP Group Ltd (BHP.AX), the world’s biggest miner, on Tuesday reported a rebound in iron ore output in the fourth quarter after a cyclone hit production in March, and forecast modest
WTO opens way for Chinese sanctions against U.S. tariffs in Obama-era dispute
[ad_1] GENEVA (Reuters) – The United States did not fully comply with a World Trade Organization ruling and could face Chinese sanctions if it does not remove certain tariffs that break WTO rules, the WTO’s
Amazon offers $10 to Prime Day shoppers who hand over their data
[ad_1] (Reuters) – Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon track the websites you visit. The
U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm
[ad_1] (Reuters) – The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday, citing support from the Energy Department
Pemex’s credit default swaps rise after Mexico finmin’s surprise resignation
[ad_1] MEXICO CITY (Reuters) – Following the surprise resignation of Mexican finance minister Carlos Urzua last week and doubts over what the business plan for state oil company Pemex would entail the cost of insuring
BoE’s Cunliffe says no strong sense of contraction in UK economy
[ad_1] FILE PHOTO: Bank of England Deputy Governor Jon Cunliffe speaks at the ‘Future Forum 2017’ event in St George’s Hall, Liverpool, Britain November 16, 2017. REUTERS/Phil Noble LONDON (Reuters) – There is not a
Fed’s Kaplan says sees an argument for a tactical rate cut
[ad_1] WASHINGTON (Reuters) – Dallas Federal Reserve Bank President Robert Kaplan on Tuesday said the best argument for easing U.S. monetary policy is the narrow gap between short-term and long-term interest rates. FILE PHOTO: Dallas
U.S. retail sales ease fears over economy; rate cut still seen
[ad_1] WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. Nike
Lagarde resigns as IMF chief, cites more clarity on ECB post
[ad_1] WASHINGTON (Reuters) – International Monetary Fund chief Christine Lagarde announced on Tuesday she had submitted her resignation from the global lender, saying she had more clarity about her nomination to be the next head