Commutee

Oil surges over 2% after U.S. inventory data, Russia OPEC comments

November 20, 2019 by  
Filed under News

Oil prices climbed more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced.


Source: Reuters Business News

Treasury yields drop on reports trade deal may not come this year

November 20, 2019 by  
Filed under News

Treasury yields dropped on Wednesday on news a “phase one” U.S.-China trade deal may not be completed this year, according to Reuters sources.


Source: Reuters Business News

'Phase One' U.S.-China trade deal may not be completed this year: trade sources

November 20, 2019 by  
Filed under News

Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and the Trump administration counters with heightened demands of its own.


Source: Reuters Business News

Wall Street drops on report trade deal may not be completed this year

November 20, 2019 by  
Filed under News

Wall Street’s main indexes fell about 1% on Wednesday after a report said a “phase one” trade deal between Washington and Beijing may not be completed this year.


Source: Reuters Business News

Big banks would get climate stress tests under proposed U.S. law

November 20, 2019 by  
Filed under News

U.S. Democratic Senator Brian Schatz of Hawaii on Wednesday introduced a bill that would direct the Federal Reserve to subject large banks to so-called “stress tests” measuring their resilience to climate-related financial risks.


Source: Reuters Business News

Trump can no longer impose 'Section 232' auto tariffs after missing deadline -experts

November 19, 2019 by  
Filed under News

The clock has run out on President Donald Trump’s “Section 232” tariffs on imports of foreign-made cars and auto parts, after he failed to announce a decision by a self-imposed deadline, trade law experts say.


Source: Reuters Business News

U.S. safety board wants Boeing to redesign 737 NG part after fatal Southwest accident

November 19, 2019 by  
Filed under News

The U.S. National Transportation Safety Board on Tuesday called on Boeing Co to redesign the fan cowl structure on all 737 NG planes and retrofit existing planes after an April 2018 incident in which a woman was killed on a Southwest Airlines plane due to an engine failure caused by a broken fan blade.


Source: Reuters Business News

ConocoPhillips targets $50 billion free cash flow over next decade

November 19, 2019 by  
Filed under News

ConocoPhillips unveiled a long-term plan on Tuesday to boost oil and gas production by about 3% per year, restrain annual spending to about $7 billion and return $50 billion to shareholders over the next decade.


Source: Reuters Business News

S&P 500, Dow retreat from record highs on Home Depot's dull forecast

November 19, 2019 by  
Filed under News

The S&P 500 and the Dow Jones indexes slipped from record levels on Tuesday as dour forecasts from Home Depot and Kohl’s eroded confidence on the strength of U.S. consumer spending ahead of the all-important holiday shopping season.


Source: Reuters Business News

Without a China trade deal, the U.S. will hike tariffs: Trump

November 19, 2019 by  
Filed under News

The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide.


Source: Reuters Business News

Next Page »