U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting
China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets...
Anadarko approves $20 billion LNG export project in Mozambique
U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique,...
Oil climbs over $1/bbl on U.S.-China trade deal hopes, Mideast tension
Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were rekindling trade talks ahead of a...
Wall St. rises as mood on trade again turns optimistic, nears record high
Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing...
Explainer: ‘Stablecoins’ in the spotlight as Facebook unveils Libra cryptocurrency
The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of...
Facebook reveals Libra cryptocurrency, sparking new privacy concerns
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that...
Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg
Satellite TV provider Dish Network Corp is nearing a $6 billion deal to buy the wireless assets of T-Mobile US Inc and Sprint Corp, Bloomberg...
White House considered demoting Fed’s Powell -report
Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be...
From gas in Russia to China-bound plastics, Austria’s OMV shifts focus for growth
After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his...
Global stocks rally on hopes from trade, monetary policy
Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, while equities got...