Business

OTTAWA (Reuters) – U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadian men who have been held by China since late last year. Canada’s Prime Minister Justin Trudeau meets with U.S. Secretary of State Mike Pompeo in Trudeau’s office on Parliament
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SYDNEY (Reuters) – Asian shares drifted off on Thursday as uncertainty over the outlook for both U.S. interest rates and the chance of global fiscal stimulus sucked the life out of markets. A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a brokerage in Tokyo,
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FILE PHOTO: A logo of Alibaba Group is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason Lee/File Photo HONG KONG/NEW YORK (Reuters) – China’s biggest e-commerce company Alibaba Group Holding Ltd (BABA.N)(BABA.K) has delayed its up to $15 billion listing in Hong Kong amid growing political unrest
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HOUSTON (Reuters) – Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs. FILE PHOTO: Flags fly outside ConocoPhillips offices in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File Photo The United States imposed
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FILE PHOTO: David M. Solomon, President and Chief Operating Officer, Goldman Sachs, speaks at the Milken Institute’s 21st Global Conference in Beverly Hills, California, U.S. April 30, 2018. REUTERS/Lucy Nicholson NEW YORK (Reuters) – Goldman Sachs Group Inc (GS.N) officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc
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SINGAPORE (Reuters) – Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will take stimulus measures to ward off a potential economic slowdown that could hit oil demand. A crude oil tanker is seen at Qingdao Port, Shandong province, China, April 21, 2019. REUTERS/Jason Lee
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NEW YORK (Reuters) – Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday. The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.S. companies, including the CEOs of Amazon.com Inc (AMZN.O), American Airlines (AAL.O), the largest airline
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BRISTOL, Pa. (Reuters) – When Europe’s tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad’s Hat Pennsylvania Rye Whiskey. Foreign governments subject to U.S. President Donald Trump’s trade tariffs have targeted American distilleries and
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FILE PHOTO: Shoppers walk past the first ’till-free’ Sainsbury’s store in London, Britain, May 1, 2019. REUTERS/Toby Melville (Reuters) – Sainsbury’s (SBRY.L) is not talking to internal candidates about succession plans to Chief Executive Officer Mike Coupe and he has the full support of company’s shareholders and the board, a company spokesperson told Reuters late
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A logo of Standard Chartered is displayed at the financial Central district in Hong Kong, China November 23, 2017. REUTERS/Bobby Yip (Reuters) – Banking group Standard Chartered (STAN.L) is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday. Britain’s Office of Financial Sanctions Implementation, which includes police and intelligence officers
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SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said. FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport
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FILE PHOTO: Carlsberg beer cans are seen at a pub in Mumbai, India, October 20, 2018. REUTERS/Danish Siddiqui/File Photo (Reuters) – Carlsberg (CARLb.CO) reported a 6.5% rise in half-year sales on Thursday, as the Danish brewer sold more expensive beer and its operating margins improved. Sales in the first six months of the year came
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WASHINGTON (Reuters) – U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to subdued imported inflation pressures. FILE PHOTO: A stack of shipping containers are pictured in the Port of Miami in Miami, Florida, U.S., May 19, 2016. REUTERS/Carlo Allegri/File Photo The report from the Labor Department on
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FILE PHOTO: Sumner Redstone, executive chairman of Viacom Inc and CBS Corp, poses for a photo after answering questions at the Milken Institute Global Conference in Beverly Hills, California, U.S. May 2, 2012. REUTERS/Danny Moloshok/File Photo (Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) have reached an agreement in principle, sources familiar with the
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