[ad_1] NEW YORK (Reuters) – Wall Street plunged in a broad sell-off on Friday as China and the United States traded their latest salvos in a prolonged trade war, spooking investors and erasing slight gains
Oil prices slide over 2% as U.S.-China trade war escalates
[ad_1] NEW YORK (Reuters) – Oil prices fell more than 2% on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute between
Trump presses U.S. companies to close China operations
[ad_1] WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their products in the United States
Oil prices slide 3% as U.S.-China trade war escalates
[ad_1] NEW YORK (Reuters) – Oil prices fell nearly 3% on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute between the
India exempts foreign portfolio investors from tax hike
[ad_1] NEW DELHI (Reuters) – India’s government exempted foreign and domestic equity investors from a tax hike on high earners on Friday, drawing praise from some analysts who said the decision would help halt an
Expert Views: India to roll back higher surcharge on foreign portfolio investors
[ad_1] BENGALURU (Reuters) – The Indian government announced measures on Friday to revive economic growth and markets including the withdrawal of higher taxes for foreign portfolio investors (FPIs) and said it would release funds for
Asian LNG prices steady as heat in Japan bolsters demand

[ad_1] LONDON (Reuters) – Asian spot prices for liquefied natural gas (LNG) held steady this week, supported by demand from Japan where sweltering weather continued, catching some buyers short. Deals for spot October delivery to
SoftBank-backed Oyo, known for budget stays, to rebrand Hooters hotel in Vegas
[ad_1] BENGALURU (Reuters) – SoftBank Group Corp-backed Indian hospitality startup Oyo will rebrand Hooters Casino Hotel in Las Vegas in a deal that a source with knowledge of the matter said was worth $135 million.
Exclusive: ‘Dear Vladimir’: VTB asks for Putin’s help to create Russian grain champion
[ad_1] MOSCOW (Reuters) – Russian state-controlled bank VTB (VTBR.MM) has asked President Vladimir Putin to help it create a Russian grain champion to curb the role of foreign traders and give the state greater control
Oil price steadies as markets await Fed steer
[ad_1] LONDON (Reuters) – Oil prices steadied on Friday, on track for a weekly gain, with attention focused on a speech by U.S. Federal Reserve chief Jerome Powell for news on whether it will cut