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Global Markets: Wall Street falls on poor economic outlook; oil, gold slip

Global Markets: Wall Street falls on poor economic outlook; oil, gold slip

Fri, Feb 22, 2019

Signs of positive developments in US-Sino trade talks and a possible Brexit compromise between Britain and the European Union spurred selling of US and core European government debt, pushing their yields higher.

Trade truce with China means big changes in Beijing policy, says President Donal Trump

Trade truce with China means big changes in Beijing policy, says President Donal Trump

Mon, Dec 03, 2018

Trump and Chinese President Xi Jinping agreed to hold off on new tariffs during talks in Argentina on Saturday, declaring a truce following months of escalating tensions on trade and other issues. On Sunday, Trump tweeted that China had agreed to cut import levies on American-made cars.

Global Markets: Shares tick up on US holiday sales hopes, but oil rout checks enthusiasm

Global Markets: Shares tick up on US holiday sales hopes, but oil rout checks enthusiasm

Mon, Nov 26, 2018

Investors were also cautious before U.S. and Chinese leaders meet for crucial talks at the end of the week as trade tensions between the economic superpowers showed no signs of easing. "The U.S.-China summit is the biggest event for the rest of the year," said Nobuhiko Kuramochi, chief strategist at Mizuho Securities.

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Tulsi Gabbard to make US presidential bid in 2020?

Tulsi Gabbard to make US presidential bid in 2020?

Mon, Oct 22, 2018

With rumours going around that Republican Nikki Haley, also an Indian-American, might make a bid for the top office, 2020 US elections might turn out to be a war between two women candidates with strong ties to India.

Facebook asks US banks to share customer details to develop new services

Tue, Aug 07, 2018

Facebook, which has come under intense criticism for sharing user data with many app developers, was interested in information including bank card transactions, checking account balances, and where purchases were made, according to the source.

Air India bans passengers from carrying this substance on flights

Air India bans passengers from carrying this substance on flights

Tue, Jul 10, 2018

So far, Air India is the sole India-based airline running direct non-stop flights from Mumbai and Delhi to different cities of the US including New York, Chicago, San Francisco and Washington DC. On the other hand, US airliner, United Airlines is the only one running direct flights between the USA and Delhi and Mumbai.

US factory orders rise; business spending on equipment slowing

US factory orders rise; business spending on equipment slowing

Tue, Jul 03, 2018

Manufacturing, which accounts for about 12 percent of the U.S. economy, is being boosted by strong domestic and global demand, but growing shortages of workers as well as import tariffs are starting to strain the supply chain.

Trade war: China warns US not to open Pandora's Box, unleash protectionist practices on world

Trade war: China warns US not to open Pandora's Box, unleash protectionist practices on world

Thu, Mar 29, 2018

China`s biggest US imports are aircraft and related equipment, soybeans and autos, with the total bill about $40 billion last year. "The malicious practices of the United States are like opening Pandora`s Box, and there is a danger of triggering a chain reaction that will spread the virus of trade protectionism across the globe," a commerce ministry spokesman said.

Strong US job growth forecast; unemployment rate seen at 4 pct

Strong US job growth forecast; unemployment rate seen at 4 pct

Fri, Mar 09, 2018

US job growth likely rose at a brisk clip in February and probably pushed down the unemployment rate to a more than 17-year low of 4.0 percent, but wage gains are expected to have slowed after three straight months of strong increases.

Asian markets recover from 2-month lows as Wall Street bounces

Asian markets recover from 2-month lows as Wall Street bounces

Tue, Feb 13, 2018

Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street's extended rebound from last week's steep fall, but investors remained cautious ahead of US inflation data later in the week.

Canada hopeful NAFTA talks can continue, sees some progress

Canada hopeful NAFTA talks can continue, sees some progress

Sat, Jan 27, 2018

Officials trying to hammer out differences over how to update the North American Free Trade Agreement have made some progress and hope politicians decide the process should continue, Steve Verheul, Canada`s chief negotiator, told Reuters on Saturday.

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

Mon, Dec 04, 2017

The deal comes after Aetna`s $37 billion plan to acquire smaller U.S. health insurance peer Humana Inc was blocked in January by a U.S. federal judge over antitrust concerns. A proposed combination of peers Anthem Inc and Cigna Corp was also shot down.

China stocks suffer mauling, Fed leaves dollar in a daze

China stocks suffer mauling, Fed leaves dollar in a daze

Thu, Nov 23, 2017

The near 3 percent drop in China reflected its recent bond markets worries, adding to a subdued mood in Europe where, with trading constrained by the Thanksgiving holiday in the United States, the main bourses opened in the red for the 10th day in the last 13.

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