Feed aggregator

Wall Street flat as industrials offset slide in bank stocks

News - Fri, 07/13/2018 - 09:33
U.S. stock indexes were little changed on Friday as a slide in financials on the three big Wall Street banks reporting mixed results was offset by gains in industrials as the U.S.-China trade rhetoric eased overnight.

UK PM May doing 'fantastic' job on Brexit, says Trump, promising trade deal

News - Fri, 07/13/2018 - 09:20
U.S. President Donald Trump said on Friday he looked forward to finalizing a post-Brexit trade deal with Britain, marking an abrupt change from a newspaper interview when he said Prime Minister Theresa May's strategy would kill such an agreement.

Trump to talk to Putin about substantially reducing nuclear weapons

News - Fri, 07/13/2018 - 09:20
U.S. President Donald Trump will discuss substantial reductions to nuclear weapons when he meets Russian President Vladimir Putin in Helsinki on Monday.

Chinese imports to U.S. ports start peaking early amid tariff threat

News - Fri, 07/13/2018 - 09:18
Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.

China's trade surplus with U.S. hits record as exporters rush to beat tariffs

News - Fri, 07/13/2018 - 08:51
China's trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington.

AT&T CEO confident Time Warner deal on solid ground

News - Fri, 07/13/2018 - 08:38
The U.S. Justice Department has only a remote chance of overturning AT&T Inc's takeover of Time Warner, Chief Executive Randall Stephenson said on Friday, while warning the case could affect bidding for Twenty-First Century Fox Inc.

Thousands take to London's streets to protest at Trump visit

News - Fri, 07/13/2018 - 08:06
Thousands of people waving banners and banging pots and pans took to the streets of London on Friday to protest against U.S. President Donald Trump on his first official visit to Britain as president.

Global stocks rally before earnings, trade war jolt boosts dollar

News - Fri, 07/13/2018 - 06:48
World stocks rose for a second consecutive week on Friday as investors prepared for an expected run of strong earnings in the United States, although fears about the U.S.-China trade conflict kept gains in check and pushed the dollar higher.

Justice Department to appeal approval of AT&T acquisition of Time Warner

News - Fri, 07/13/2018 - 06:42
The U.S. Justice Department said on Thursday it would appeal a federal judge's approval of AT&T Inc's $85.4 billion acquisition of Time Warner, raising the prospect barely a month after the deal closed that it could be undone.

Snarling orange 'Trump baby' blimp flies outside British parliament

News - Fri, 07/13/2018 - 06:28
A blimp depicting Donald Trump as an orange, snarling nappy-wearing baby flew outside the British parliament in London on Friday, launched by critics of the U.S. president who are demonstrating throughout his visit to the country.

Trade policy uncertainty could bolster U.S. defensive stock sectors

News - Fri, 07/13/2018 - 06:21
As the United States ramps up import tariffs and long-date U.S Treasury debt yields remain low, stocks in so-called defensive sectors may have room to run higher in price, even though expectations for the currently quarterly earnings seasons are high.

U.S. President Trump says relationship with UK is very, very strong

News - Fri, 07/13/2018 - 06:12
After publicly criticizing British Prime Minister Theresa May's Brexit strategy, U.S. President Donald Trump said on Friday that the relationship was "very, very strong."

Factbox: U.S. President Trump's views on UK's May, Brexit

News - Fri, 07/13/2018 - 06:11
U.S President Donald Trump delivered a withering verdict on British Prime Minister Theresa May's Brexit strategy, criticized the London mayor and tipped a minister who resigned this week as a future leader in an newspaper interview published on Friday.

Chinese hotel denies raising rates for Americans amid trade war

News - Fri, 07/13/2018 - 05:51
A hotel in the southern Chinese city of Shenzhen on Friday denied a report that it would charge U.S. guests an extra 25 percent amid an escalating trade war between Washington and Beijing.

Trump says he and May 'probably never developed a better relationship'

News - Fri, 07/13/2018 - 05:27
U.S President Donald Trump said on Friday he and British Prime Minister Theresa May had "probably never developed a better relationship" than during a dinner on Thursday.

UK PM May has good relationship with Trump, confident of trade deal: spokeswoman

News - Fri, 07/13/2018 - 05:21
British Prime Minister Theresa May has a good relationship with Donald Trump and is confident a trade deal can be agreed with the United States after the president criticized her Brexit plans in an interview, her spokeswoman said.

U.S. President Trump arrives at British PM May's Chequers country residence

News - Fri, 07/13/2018 - 05:08
U.S President Donald Trump arrived at British Prime Minister Theresa May's Chequers country residence for talks followed by a news conference.

Judge to weigh new rules as U.S. works to reunite migrant families

News - Fri, 07/13/2018 - 05:02
A federal judge on Friday will consider imposing tougher rules on the U.S. government to ensure it reunites as many as 2,000 immigrant children with their parents by July 26.

U.S. accuses North Korea of U.N. sanctions breach, demands end to fuel sales

News - Fri, 07/13/2018 - 04:51
The United States accused North Korea on Thursday of breaching a U.N. sanctions cap on refined petroleum by making illicit transfers between ships at sea, according to a document seen by Reuters, and demanded an immediate end to all sales of the fuel.

'Where are your manners, Mr President?' asks UK minister after May criticism

News - Fri, 07/13/2018 - 04:20
A junior minister in Prime Minister Theresa May's government asked Donald Trump: "Where are your manners, Mr President?" after the U.S. leader criticized her Brexit strategy in an interview published during his visit to Britain.