[ad_1] (Reuters) – Indian shares began August on a sombre note on Thursday, tracking losses in broader Asia, after U.S. Federal Reserve Chair Jerome Powell said Wednesday’s 25 basis-point rate cut was not the start
Brazil kicks off complex U.S. trade deal talks
[ad_1] BRASILIA (Reuters) – Brazil has begun negotiating a trade agreement with the United States, the South American country’s economy minister said on Wednesday, kicking off knotty talks between longstanding competitors whose leaders want closer
U.S., China to keep talking on trade after little progress in Shanghai
[ad_1] SHANGHAI/WASHINGTON (Reuters) – U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a
Australia’s Qantas says it will not trim Alliance stake despite competition concerns
[ad_1] (Reuters) – Australian flag carrier Qantas Airways Ltd (QAN.AX) said it had no plan to cut its stake in Alliance Airlines, after the competition regulator raised concerns over its acquisition of 19.9% in its
Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts
[ad_1] SYDNEY (Reuters) – Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations
Fire under control at Exxon petrochemical plant; some workers suffer minor burns
[ad_1] BAYTOWN, Texas (Reuters) – Exxon Mobil Corp (XOM.N) brought under control a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex, injuring 37 workers, though none seriously, and sending
Cisco whistleblower gets first False Claims payout over cybersecurity
[ad_1] SAN FRANCISCO (Reuters) – Cisco Systems (CSCO.O) Inc has agreed to settle a whistleblower’s claim that it improperly sold video surveillance software with known vulnerabilities to U.S. federal and state governments, marking the first
Qualcomm’s outlook weighed down by Huawei’s smartphone gains in China
[ad_1] (Reuters) – Qualcomm Inc’s (QCOM.O) quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei Technologies Co Ltd’s [HWT.UL] strong gains in the Chinese smartphone market, the U.S. company said,
U.S., China to keep talking on trade, progress elusive in Shanghai meeting
[ad_1] SHANGHAI/WASHINGTON (Reuters) – U.S. and Chinese negotiators wrapped up a round of trade talks on Wednesday without visible signs of progress and put off their next meeting until September, extending an uneasy truce between
Fed cuts rates, signals it may not need to do more
[ad_1] WASHINGTON (Reuters) – The Federal Reserve cut interest rates on Wednesday to shore up the economy against risks including global weakness, but the head of the U.S. central bank said he did not view