Trading Ideas
Maxine Waters calls on supporters to 'harass' Trump officials in public
Washington Examiner White House reporter Gabby Morrongiello on the debate over immigration, the increasingly heated political climate. …read more […]
Year: 2018
Business News
Exclusive: Facing U.S. blowback, Beijing softens ‘Made in China 2025’ message
BEIJING (Reuters) – Beijing has begun downplaying Made in China 2025, the state-backed industrial policy that has provoked alarm in the West and is core to Washington’s complaints about the country’s technological ambitions, diplomatic and Chinese state media sources said.
Business News
China’s Premier Li says willing to talk about buying Airbus aircraft
BEIJING (Reuters) – Chinese Premier Li Keqiang told French Prime Minister Edouard Philippe on Monday that China was planning to buy lots of planes this year and is willing to continue talks with France on buying Airbus aircraft.
Business News
Oil drops after OPEC+ output deal, but markets to stay tight
LONDON (Reuters) – Brent crude oil fell 1 percent on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its partners agreed to raise production.
Business News
South Korea picks Boeing P-8 for $1.7 billion maritime patrol aircraft contract
SEOUL (Reuters) – South Korea’s military picked Boeing Co to supply the country’s maritime patrol aircraft in a contract worth around 1.9 trillion won ($1.71 billion), a senior executive at Boeing said on Monday.
Business News
Trade worries hit world stocks, oil gives back gains
LONDON (Reuters) – World shares fell on Monday, dented by worries over a worsening trade dispute between the United States and other major economies, while oil prices gave up some of the gains made after major exporters agreed a modest production increase.
Business News
Oil prices drop on OPEC’s output deal, but markets to stay tight
SINGAPORE (Reuters) – Oil prices fell on Monday as traders factored in an expected 1 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna last week.
Trading Ideas
Oil prices drop on OPEC’s output deal, but markets to stay tight
Oil prices fell on Monday as traders factored in an expected 1 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna last week. Brent crude futures (LCOc1) were at $74.25 per barrel at 0636 GMT, down 1.7 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $68.42 a barrel, down 0.2 percent, supported more than Brent by a slight drop in U.S. drilling activity and a Canadian supply outage. …read more […]
Business News
KLM, Delta opposed to Capron as head of Air France KLM: media
PARIS (Reuters) – KLM and Delta Airlines have expressed their opposition toward possible plans to name Philippe Capron as the new head of Air France KLM , BFM Business reported on Monday.
Business News
Global shares slide on trade worries, oil gives up some gains
TOKYO (Reuters) – Global share prices fell on Monday on escalating trade tensions between the United States and major economies while crude oil prices gave up some of the hefty gains made after major oil exporters agreed to a modest increase in production.
Trading Ideas
European markets open lower on trade, migration concerns
European equities open lower on Monday morning as investors worry over further tariffs in global trade. …read more […]
Trading Ideas
In Texas, Trump's steel tariff stirs uncertainty and concern
BAYTOWN, Texas (AP) — Joel Johnson examines the shipping labels on 35-ton coils of American-made steel that will be unspooled, bent and welded into rounded sections of pipe. …read more […]
Business News
Oil falls on OPEC’s deal to raise output, but markets to remain tight
SINGAPORE (Reuters) – Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.
Business News
Malaysia arrests Najib ex-aide in 1MDB probe-media
KUALA LUMPUR (Reuters) – Malaysian authorities have made the first arrest in a renewed probe into the multi-billion dollar scandal at state fund 1MDB, remanding a former aide of ousted prime minister Najib Razak to assist in investigations, Bernama news reported on Monday.
Business News
Oil falls on OPEC’s announced output rise, but markets to remain tight
SINGAPORE (Reuters) – Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.