[ad_1] SYDNEY (Reuters) – Asian shares were trying to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered a respite from the interminable Sino-U.S. trade
Walmart says higher China tariffs will increase prices for U.S. shoppers
[ad_1] (Reuters) – Walmart Inc said on Thursday that prices for shoppers will rise due to higher tariffs on goods from China as the world’s largest retailer reported its best comparable sales growth for the
U.S. Commerce Department publishes Huawei export blacklist order
[ad_1] A Huawei logo is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason Lee WASHINGTON (Reuters) – The U.S. Commerce Department on Thursday formally placed Huawei Technologies
Pinterest forecasts 2019 revenue in line with estimates, shares fall
[ad_1] FILE PHOTO: The company logo for Pinterest, Inc. with trading information is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid (Reuters) –
With inflation elusive, two Fed policymakers lay out a welcome mat
[ad_1] SANTA BARBARA, Calif./WASHINGTON (Reuters) – Worried that current low inflation expectations will sap the U.S. central bank’s ability to combat a future downturn, two Federal Reserve officials on Thursday made an unusual pitch: if
Fed may not be able to engineer higher inflation – Kashkari
[ad_1] FILE PHOTO: President of the Federal Reserve Bank on Minneapolis Neel Kashkari speaks during an interview in New York, U.S., March 29, 2019. REUTERS/Shannon Stapleton SANTA BARBARA, Calif. (Reuters) – The Federal Reserve should
IMF: Too early to assess Sri Lanka economic damage from Easter bombings
[ad_1] COLOMBO (Reuters) – The International Monetary Fund said on Thursday it was holding its forecast for Sri Lanka’s 2019 economic growth at 3.5% in spite of devastating Easter bombings, saying it was too early
China warns U.S. move against Huawei could hurt trade talks
[ad_1] WASHINGTON/BEIJING (Reuters) – The Trump administration’s decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday from Beijing, which warned that the move could damage
Exclusive: Trump EPA did not await court ruling to loosen biofuel rules for refiners – documents
[ad_1] NEW YORK (Reuters) – The Trump administration made it easier for oil refineries to get waivers from the nation’s biofuel law at least four months before a 2017 court decision it often cites to
Saudi Arabia accuses Iran of ordering drone attack on oil pipeline
[ad_1] RIYADH (Reuters) – Saudi Arabia’s deputy defence minister on Thursday accused Iran of ordering an attack on Saudi oil pumping stations that Yemen’s Iran-aligned Houthi militia has claimed responsibility for. File Photo: Saudi Arabia’s