Oil prices rose more than 1 percent on Wednesday, extending gains from the previous session on signs that Washington and Beijing may soon resolve a trade dispute that has cast a pall over the global economy.
Qualcomm Inc said on Tuesday Apple Inc Chief Executive Officer Tim Cook’s comment that there was no recent settlement discussions between the iPhone maker and the chipmaker were “misleading.”
Asian shares climbed to a 3-1/2-week high on Wednesday, supported by growing optimism that the United States and China can strike a trade deal to avoid an all-out confrontation that would severely disrupt the global economy.
Apple Inc is cutting its production plan for new iPhones by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday.
Oil prices rose on Wednesday, extending gains from the previous session on hopes that Washington and Beijing can resolve a trade dispute that has triggered a global economic slowdown.
California utility PG&E Corp is exploring filing some or all of its business for bankruptcy protection as it could face billions of dollars in potential liabilities if it is held responsible for fatal wildfires in 2018 and 2017, people familiar with the matter have told Reuters.
Asian shares inched up on Wednesday, supported by optimism the United States and China can strike a trade deal to avoid an all-out confrontation that will severely disrupt the global economy.
U.S. crude oil prices on Wednesday rose above $50 per barrel for the first time in 2019 on hopes that Washington and Beijing can resolve a trade dispute that has triggered a global economic slowdown.
World Bank Group President Jim Yong Kim will join Global Infrastructure Partners (GIP), a private equity fund that invests in projects in wealthy and developing countries, the firm said on Tuesday, a day after Kim’s shock resignation from the bank.
China is keen to put an end to its trade dispute with the United States but will not make any “unreasonable concessions” and any agreement must involve compromise on both sides, state newspaper the China Daily said on Wednesday.
Trade talks between China and the United States will continue on Wednesday, a U.S. government official told reporters.
China is keen to put an end to its trade dispute with the United States but will not make any “unreasonable concessions” and any agreement must involve compromise on both sides, state newspaper the China Daily said on Wednesday.
Venezuela’s opposition-run congress on Tuesday issued a resolution calling deals between state-run oil company PDVSA [PDVSA.UL] and U.S. and French companies announced this week illegal, since they had not been sent to lawmakers for approval.
U.S. supermarket chain Kroger Co said on Tuesday it plans to raise $1.2 billion through a debt offering, according to a U.S. regulatory filing https://bit.ly/2QxmZAN.
Imports at major U.S. container ports are leveling off after retailers’ months-long rush to bring in Chinese merchandise before higher tariffs hit, according to a retail trade report issued on Tuesday.
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