[ad_1] LONDON/SYDNEY (Reuters) – World stocks inched higher after a raft of Chinese data beat expectations on Wednesday and though benchmark bond yields and the Aussie dollar did the same, Europe struggled to join in.
U.S. handbags, shovels on $20 billion EU tariff list over Boeing
[ad_1] BRUSSELS (Reuters) – Handbags, tractors, shovels and fish are part of an 11-page list of U.S. imports worth $20 billion that the European Union on Wednesday said it could hit with tariffs in a
Oil hits 2019 high above $72 on China growth, lower U.S. inventories
[ad_1] LONDON (Reuters) – Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in U.S. crude stocks which defied expectations and signaled
Global firms aim to ‘change lives’ by backing UK’s ethical companies
[ad_1] LONDON (Thomson Reuters Foundation) – Global technology giant SAP is the latest big company to endorse British firms that aim to do good, as more consumers drive businesses to prove their social and environmental
China GDP lifts yuan; ringgit eases on outflow concerns
[ad_1] (Reuters) – The yuan firmed on surprisingly solid Chinese economic growth data on Wednesday, which raised hopes of stabilisation in the world’s second-largest economy, while Malaysia’s ringgit weakened on rising capital outflow worries. FILE
Lessors rush to repossess more Jet Airways planes, even as emergency funds awaited
[ad_1] MUMBAI (Reuters) – Lessors to Jet Airways Ltd have applied to deregister another four Boeing Co 737 planes, the Indian aviation regulator said on its website on Wednesday, even as the embattled carrier seeks
Oil prices rise for a second day on China demand, U.S. stockpile drop
[ad_1] SEOUL (Reuters) – Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world’s second-largest crude user, amid tightening supply as producers curtail output and
China’s first-quarter growth unexpectedly steadies, but too early to call clear recovery
[ad_1] BEIJING (Reuters) – China’s economy grew at a steady 6.4 percent pace in the first quarter from a year earlier, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand
BHP cuts iron ore production outlook after Australian cyclone
[ad_1] MELBOURNE (Reuters) – BHP Group, the world’s biggest miner, joined rival Rio Tinto on Wednesday in cutting its forecast for iron ore output after a tropical cyclone, although analysts expect high prices to limit
Gold near four-month low as stocks, dollar weigh
[ad_1] (Reuters) – Gold steadied around a 4-month trough on Wednesday, after falling nearly 1 percent in the previous session due to a surge in global equities, while a stronger dollar piled pressure on the