International Trade

Britain’s May reasserts her authority after Brexit resignations

Britain’s May reasserts her authority after Brexit resignations

Published 10/07/2018

LONDON (Reuters) - British Prime Minister Theresa May moved to reassert her authority on Tuesday after two top cabinet members quit and launched broadsides against [more…]

Dollar rises as trade war fears fade, risk sentiment returns

Dollar rises as trade war fears fade, risk sentiment returns

Published 10/07/2018

LONDON (Reuters) - The dollar strengthened broadly on Monday and neared a six-month high against the Japanese yen as investors bought riskier assets, encouraged by [more…]

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Published 10/07/2018

TOKYO/LONDON (Reuters) - Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one [more…]

Tesla to open plant in Shanghai with annual capacity of 500,000…

Tesla to open plant in Shanghai with annual capacity of 500,000…

Published 10/07/2018

SHANGHAI (Reuters) - Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with [more…]

UK cabinet discussed Brexit policy document, plans no-deal exit: PM…

UK cabinet discussed Brexit policy document, plans no-deal exit: PM…

Published 10/07/2018

LONDON (Reuters) - Britain’s cabinet discussed the so-called white paper Brexit policy document and stepping up preparations for a no-deal exit, Prime Minister Theresa May’s [more…]

Iran vows to sell as much oil as it can in face of U.S. sanctions

Iran vows to sell as much oil as it can in face of U.S. sanctions

Published 10/07/2018

LONDON (Reuters) - Iran’s vice president acknowledged on Tuesday that U.S. sanctions would hurt the economy, but promised to “sell as much oil as we [more…]

China’s Xi pledges $20 billion in loans to revive Middle East

China’s Xi pledges $20 billion in loans to revive Middle East

Published 10/07/2018

BEIJING (Reuters) - Chinese President Xi Jinping on Tuesday pledged a package of $20 billion in loans, and about $106 million in financial aid, to [more…]

Trade tensions send German investor morale to six-year low

Trade tensions send German investor morale to six-year low

Published 10/07/2018

BERLIN (Reuters) - The mood among German investors slumped in July to its lowest since August 2012, a survey showed on Tuesday, soured by concerns [more…]

Tesla moves first to hike prices in China as trade war hits car makers

Tesla moves first to hike prices in China as trade war hits car makers

Published 10/07/2018

BEIJING/SHANGHAI (Reuters) - U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, the first [more…]

Do not blame OPEC, oil producer group says of Trump criticism

Do not blame OPEC, oil producer group says of Trump criticism

Published 10/07/2018

CALGARY, Alberta (Reuters) - The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil [more…]