[ad_1] File Photo: A tea garden worker wearing a jappi hat made out of bamboo and palm leaves plucks tea leaves inside Aideobarie Tea Estate in Jorhat in Assam, April 21, 2015. REUTERS/Ahmad Masood MUMBAI
Infineon digs deep to buy Cypress in $10 billion deal
[ad_1] FRANKFURT (Reuters) – Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt,
Euro zone factory downturn deepened in May – PMI
[ad_1] LONDON, (Reuters) – Manufacturing activity in the euro zone contracted for a fourth month in May, and at a faster pace, as the U.S.-China trade war, slumping automotive demand, Brexit and wider geopolitical uncertainty
U.N. bid to curb North Korean missile tests, revive air traffic, delayed amid U.S. concerns – sources
[ad_1] MONTREAL/SEOUL/NEW YORK (Reuters) – A U.N. agency’s bid to curb North Korea’s missile programme with an airspace safety audit and at the same time revive its air traffic has been delayed amid U.S. concerns
Oil prices fall as trade wars fan fears of economic slowdown
[ad_1] SINGAPORE (Reuters) – Oil prices fell by around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and
U.S. Fed’s Daly says patient on rates, eyeing trade talks
[ad_1] San Francisco Federal Reserve President Mary Daly speaks with reporters after a speech at the Commonwealth Club in San Franciso, California, U.S., March 26, 2019. REUTERS/Ann Saphir/File photo SINGAPORE (Reuters) – San Francisco Federal
India factory activity grows at fastest pace in three months in May – PMI
[ad_1] BENGALURU (Reuters) – India’s manufacturing sector expanded at its quickest pace in three months in May on improved output and new orders, according to a private business survey which also showed a pick up
Gold hits 2-month high as recession concerns burnish safe-haven appeal
[ad_1] (Reuters) – Gold prices rose on Monday to their highest in more than two months as heightened Sino-U.S. trade tensions and Washington’s threat of tariffs on Mexico stoked worries of a global recession and
U.S.-based engineers’ body lifts curbs on Huawei employees
[ad_1] FILE PHOTO: A Huawei logo is seen on the side of a building at the headquarters in Shenzhen, Guangdong province, China May 30, 2019. REUTERS/Jason Lee/File Photo SHANGHAI (Reuters) – The Institute of Electrical
China vice minister says U.S. overestimates trade deficit
[ad_1] Chinese Vice Commerce Minister and Deputy China International Trade Representative Wang Shouwen attends a news conference during the ongoing session of the National People’s Congress (NPC) in Beijing, China March 9, 2019. REUTERS/Jason Lee/Files