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Wall St. treads water ahead of high-stakes U.S.-China trade meeting

November 30, 2018 admin Comments Off on Wall St. treads water ahead of high-stakes U.S.-China trade meeting

U.S. stocks treaded water on Friday heading into a U.S.-China trade meeting on the sidelines of the G20 Summit, whose outcome would decide the fate of the ongoing trade dispute that has roiled financial markets.

…read more […]

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Business News

Don’t undermine EU trade stance, Merkel ally warns German car chiefs

November 30, 2018 admin Comments Off on Don’t undermine EU trade stance, Merkel ally warns German car chiefs

A top ally of Chancellor Angela Merkel warned German car bosses on Friday not to undermine the European Union’s united negotiating stance on U.S. trade tariffs when they meet senior officials in Washington next week.

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U.S. appeals court upholds Sprint patent verdict against Time Warner Cable

November 30, 2018 admin Comments Off on U.S. appeals court upholds Sprint patent verdict against Time Warner Cable

A U.S. appeals court on Friday upheld a roughly $140 million jury verdict in favor of Sprint Corp in its lawsuit accusing Time Warner Cable Inc, part of Charter Communications Inc, of using patented technology without authorization.

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Trump-Xi meet, a turning point in global trade war?

November 30, 2018 admin Comments Off on Trump-Xi meet, a turning point in global trade war?

Will U.S. President Donald Trump’s much-heralded meeting with Chinese counterpart Xi Jinping in Argentina on Saturday lead to an easing of the Sino-U.S. trade conflict?

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Police search offices of Deutsche Bank board members

November 30, 2018 admin Comments Off on Police search offices of Deutsche Bank board members

Police have searched the offices of all the members of Deutsche Bank’s board as part of an investigation into money laundering allegations linked to the Panama Papers, a source told Reuters on Friday.

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Wall Street set to open lower ahead of Trump-Xi trade meeting

November 30, 2018 admin Comments Off on Wall Street set to open lower ahead of Trump-Xi trade meeting

Wall Street was set to open lower on Friday as caution mounted ahead of a high-stakes U.S.-China trade meeting at the G20 Summit, whose outcome would determine if the trade war that has roiled financial markets would abate or worsen.

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Gucci to add sparkle with high-end jewels, Kering’s Pinault says

November 30, 2018 admin Comments Off on Gucci to add sparkle with high-end jewels, Kering’s Pinault says

Gucci, the Italian fashion label driving revenue growth at French luxury group Kering , will branch into high end jewelry with a collection in June or July, Kering boss Francois-Henri Pinault said in a newspaper interview on Friday.

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Business News

U.S., Canada, Mexico sign trade deal after last-minute brinkmanship

November 30, 2018 admin Comments Off on U.S., Canada, Mexico sign trade deal after last-minute brinkmanship

The leaders of Mexico, Canada and the United States signed a North American trade pact on Friday after brinkmanship over the final details of the deal continued through the eve of the signing.

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Futures pare losses on Lighthizer’s trade comments

November 30, 2018 admin Comments Off on Futures pare losses on Lighthizer’s trade comments

U.S. stock index futures pared losses on Friday after Trade Representative Robert Lighthizer said he would be surprised if Saturday’s dinner between U.S. President Donald Trump and his Chinese counterpart Xi Jinping “wasn’t a success”.

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Business News

Oil toils after worst month in a decade, Deutsche sinks DAX

November 30, 2018 admin Comments Off on Oil toils after worst month in a decade, Deutsche sinks DAX

Oil toiled at a more than one-year low after its worst month in a decade on Friday, while most major markets were keeping moves tight ahead of a weekend meeting between U.S. and Chinese presidents Donald Trump and Xi Jinping.

…read more […]

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Canada, Mexico, U.S. sign new trade deal

November 30, 2018 admin Comments Off on Canada, Mexico, U.S. sign new trade deal

U.S. President Donald Trump, Canada’s Prime Minister Justin Trudeau and Mexico’s President Enrique Pena Nieto signed a new trade agreement on Friday known as the United States-Mexico-Canada Agreement (USMCA).

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Business News

Sanctions-hit En+ proposes moving registered office to Kaliningrad

November 30, 2018 admin Comments Off on Sanctions-hit En+ proposes moving registered office to Kaliningrad

Russia’s En+ Group , hit by U.S. sanctions in April, has proposed to shareholders that it move its registered office to Russia’s Kaliningrad region from Britain’s Jersey.

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Futures down on jitters ahead of U.S.-China trade talks

November 30, 2018 admin Comments Off on Futures down on jitters ahead of U.S.-China trade talks

U.S. stock index futures fell on Friday on caution ahead of a much-awaited meeting between the presidents of the United States and China at the G20 Summit, which could determine the fate of the ongoing trade dispute that has roiled financial markets.

…read more […]

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IKEA targets big cut in greenhouse gas emissions from production

November 30, 2018 admin Comments Off on IKEA targets big cut in greenhouse gas emissions from production

IKEA, the world’s biggest furniture group, pledged on Friday to cut greenhouse gas emissions from its production by 80 percent in absolute terms by 2030 from their levels two years ago.

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Business News

Macron, Abe to discuss Renault-Nissan at G20 as feud brews

November 30, 2018 admin Comments Off on Macron, Abe to discuss Renault-Nissan at G20 as feud brews

French President Emmanuel Macron will discuss the Renault-Nissan alliance’s future with Japan’s prime minister at the G20 summit in Argentina on Friday, seeking to defuse a brewing diplomatic row over the balance of power inside the partnership.

…read more […]

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