[ad_1] LONDON (Reuters) – Stock markets slumped on Wednesday as Germany’s economy went into reverse, fuelling fears of global recession and slamming the brakes on a rally for equities after Washington delayed tariffs on some
Recession fears hit Wall Street after grim China, German data
[ad_1] (Reuters) – Wall Street was set to open lower on Wednesday, as poor economic data from China and Germany put the focus back on the impact of a bruising Sino-U.S. trade war which is
Kremlin says WTO’s existence would be in doubt if U.S., others left
[ad_1] FILE PHOTO: The World Trade Organization (WTO) headquarters are pictured in Geneva, Switzerland, July 26, 2018. REUTERS/Denis Balibouse/File Photo MOSCOW (Reuters) – The Kremlin said on Wednesday that the existence of the World Trade
Tencent Second-quarter profit rises 35%, beats forecast
[ad_1] A man uses a mobile phone in front of a logo of Tencent at the Global Mobile Internet Conference (GMIC) 2015 in Beijing, China, April 28, 2015. REUTERS/Kim Kyung-Hoon/File photo HONG KONG (Reuters) –
Shrinking German economy ‘on edge of recession’ as exports stutter
[ad_1] BERLIN (Reuters) – A slump in exports sent Germany’s economy into reverse in the second quarter, data showed, as its manufacturers bore the brunt of a global slowdown amplified by tariff conflicts and uncertainty
Oil prices fall as China economic data disappoints, U.S. inventories gain
[ad_1] TOKYO/SINGAPORE (Reuters) – Oil prices fell on Wednesday on disappointing economic data from China and a rise in U.S. crude inventories, erasing some of the sharp gains in the previous session after the U.S.
India’s GSPC seeks LNG cargo for October: sources
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[ad_1] SINGAPORE (Reuters) – India’s Gujarat State Petroleum Corp (GSPC) is seeking a liquefied natural gas (LNG) cargo for delivery in October, two industry sources said on Wednesday. The tender closed on Aug. 13, with
Gold prices slip as Trump’s trade concession boosts equities
[ad_1] (Reuters) – Gold prices dipped on Wednesday after the United States delayed tariffs on some Chinese imports, easing trade concerns, although political uncertainties and lingering global growth concerns limited losses for the safe-haven metal.
India seeks interest for pilot project to use LNG as fuel for fishing boat
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[ad_1] SINGAPORE (Reuters) – India’s Kerala Development and Innovation Strategic Council (K-DISC), which is a strategic think-tank and advisory body set up by the government of Kerala, is looking to use liquefied natural gas (LNG)
China’s July steel output eases on environmental curbs, shrinking margins
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[ad_1] BEIJING (Reuters) – China’s monthly crude steel output fell for a second straight month in July, official data showed on Wednesday, as steel mills trimmed output amid heightened environmental measures and record raw material