[ad_1] FILE PHOTO: Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on the “Semiannual Monetary Policy Report to Congress” on Capitol Hill in Washington DC, U.S.,
U.S. wants ‘near term’ results from new China trade talks: Kudlow
[ad_1] WASHINGTON (Reuters) – The Trump administration wants to see “near term results” from U.S.-China trade talks in September and October, White House economic adviser Larry Kudlow said on Friday, but he declined to predict
Citigroup doubles down on credit cards even as U.S. economy softens
[ad_1] NEW YORK (Reuters) – Despite signs that the U.S. economy is slowing, New York-based Citigroup Inc is betting big on credit cards. Balance transfer envelopes are pictured in a Reuters office in New York,
Exclusive: Libyan state oil firm cuts back fuel supplies to east amid battle over capital
[ad_1] CAIRO (Reuters) – Libya’s state oil firm has restricted kerosene supplies to areas controlled by eastern commander Khalifa Haftar in what diplomats and oil officials said was an attempt to prevent his troops using
Explainer: ECB weighs stimulus options to boost ailing economy
[ad_1] FRANKFURT (Reuters) – The European Central Bank is all but certain to approve new stimulus measures on Sept. 12 to boost an ailing economy, but the composition of its package is far from clear
Qualcomm to expand 5G chips into mid-priced phones next year
[ad_1] (Reuters) – Qualcomm Inc said on Friday it will put fifth-generation, or 5G, technology into chips powering mid-priced mobile phones starting next year, expanding use of chips now found almost exclusively in pricey phones
China cuts banks’ reserve ratios, frees up $126 billion for loans as economy slows
[ad_1] BEIJING (Reuters) – China’s central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing a total of 900 billion
UK carmakers urge Brexit delay rather than no-deal exit
[ad_1] FILE PHOTO: Cars readied for export are parked next to a vehicle storage facility on the dockside at the ABP port in Southampton, Britain August 16, 2017. REUTERS/Peter Nicholls LONDON (Reuters) – Britain should
Asian shares see heavy foreign sell-off in August as trade war bites

[ad_1] (Reuters) – Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new tariffs on each other. Overseas investors sold about
Asian shares see heavy foreign sell-off in Aug as trade war bites

[ad_1] (Reuters) – Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new tariffs on each other. Overseas investors sold about