The world economy is caught in a “delicate equilibrium” between stabilization and a further downturn, according to Bank of England Governor Mark Carney, and that balance could look even shakier over the next few days.
U.S. import prices fell for a third straight month in January, leading to the largest annual drop in nearly 2-1/2 years, the latest indication of tame inflation pressures.
Seeking assurances from Brazilian miner Vale by phone after a second deadly dam disaster in three years is not enough for Sasja Beslik. He plans to fly there himself to get answers.
Talks between China and the United States to resolve their bruising trade war will resume next week in Washington, with both sides saying this week’s negotiations in Beijing made progress.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Mexico’s government will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes paid, company officials said on Friday, a move aimed at improving the firm’s balance sheet and preventing a further downgrade to its credit rating.
Talks between China and the United States to resolve their bruising trade war will continue next week in Washington, with both sides saying this week’s negotiations in Beijing made good progress.
Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to increase certain fees levied on U.S. merchants for processing transactions that will kick in this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.
PepsiCo Inc forecast a surprise drop in full-year profit on Friday, as the snack and beverage company spent heavily on marketing and developing new products in a bid to claw back market share from Coca-Cola Co Inc.
China and the United States reached a consensus in principle on some key issues during trade talks in Beijing, state news agency Xinhua reported on Friday.
Officials from the United States and China will meet next week in Washington to continue working on a trade deal after having made progress in talks in Beijing this week, White House Press Secretary Sarah Sanders said in a statement on Friday.
European shares rose on Friday amid encouraging signs from U.S.-China trade talks, after weak data from both countries sent world stocks into a dive.
Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U.S. sanctions on the OPEC nation’s energy sector, a source with direct knowledge of the matter said.
Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war.
The outlook for Wall Street earnings has deteriorated significantly in recent months, data shows, raising the risk that companies in the United States may slip into recession before its economy does – with Europe close behind.
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