U.S. officials are “not satisfied yet” about all the issues standing in the way of a deal to end the U.S.-China trade war but made progress in talks with China last week, a top White House official said on Monday. The United States and China have been embroiled in a …
your ad hereCommissioner: SEC Steps on Tesla ‘Reasonable’ to Prevent Problems
The U.S. securities watchdog’s request that a federal judge hold Tesla Chief Executive Elon Musk in contempt over the billionaire entrepreneur’s use of Twitter was “reasonable,” said a U.S. Securities and Exchange Commission official on Monday. SEC Commissioner Robert Jackson, a Democrat, told reporters at a conference in Washington that …
your ad hereRussia Signals OPEC and Allies Could Raise Oil Output From June
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday that Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles. Dmitriev, head of Russian sovereign wealth fund RDIF, was the …
your ad hereAmerican Airlines Extends Max-Caused Cancellations to June 5
American Airlines is extending by over a month its cancellations of about 90 daily flights as the troubled 737 Max plane remains grounded by regulators. American said Sunday it is extending the cancellations through June 5 from the earlier timeframe of April 24. The airline acknowledged in a statement that …
your ad hereNo Breakthrough Expected in EU-China Summit
Top EU leaders meet Chinese Premier Li Keqiang this week at a summit in Brussels, but their hopes of winning solid commitments on trade look set for disappointment. Brussels is trying to beef up its approach to the Asian giant as it shows little willingness to listen to longstanding complaints …
your ad hereHiring Rebounds as US Employers Add a Solid 196,000 Jobs
in the United States rebounded in March as U.S. employers added a solid 196,000 jobs, up sharply from February’s scant gain and evidence that many businesses still want to hire despite signs that the economy is slowing. The unemployment rate remained at 3.8 percent, near the lowest level in almost …
your ad herePompeo Cautions NATO Allies: China’s Outreach Has ‘National Security Component’
Secretary of State Mike Pompeo told visiting NATO foreign ministers Thursday that the 29 country alliance must alter its approach to developing threats, singling out Russian aggression and China’s “strategic competition.” Pompeo cautioned his NATO allies that there is a risk the U.S. will not be able to share information …
your ad hereDespite Further Talks, No US-China Deal Yet
The U.S. president and the vice premier of China confirmed on Thursday that while significant progress has been made, there is no new trade agreement yet between the world’s two largest economies. “We’re certainly getting a lot closer,” Trump said sitting at his desk in the Oval Office with Chinese …
your ad hereNew North American Trade Deal Faces Hurdles in US Congress
U.S. lawmakers of both parties say hurdles remain for approving a new trade pact between the United States, Canada and Mexico, rejecting President Donald Trump’s call for prompt votes on a replacement for the North American Free Trade Agreement, NAFTA. Last year, the administration made good on one of Trump’s …
your ad hereChina Tech Workers Protest Long Work Hours in Online Campaign
Joyce Huang contributed to this report. BEIJING – An online campaign protesting the long hours Chinese high-tech employees work has gone viral on the Internet in China. At the same time, it is putting an uncomfortable light on the labor practices of China’s biggest high-tech firms. The campaign known as …
your ad hereIvanka Trump Plans Africa Trip to Promote Women’s Initiative
White House adviser Ivanka Trump is planning a trip to Africa to promote a global women’s initiative she’s leading. President Donald Trump’s daughter will visit Ethiopia and Ivory Coast over four days this month. The White House said Wednesday that her schedule includes a women’s economic empowerment summit in …
your ad hereOn NATO’s Birthday, Trump Takes Credit for Increased Burden Sharing
U.S. President Donald Trump met NATO Secretary General Jens Stoltenberg at the White House Tuesday, where he took credit for increased burden sharing in collective defense spending. As White House Correspondent Patsy Widakuswara reports, the North Atlantic Treaty Organization is commemorating its 70th birthday in Washington with less pomp than …
your ad hereUS Says Will Not Send High-Level Officials to China’s Silk Road Summit
The United States will not send high-level officials to attend China’s second Belt and Road summit in Beijing this month, a spokesperson for the U.S. State Department said on Tuesday, citing concerns about financing practices for the project. China’s top diplomat, Yang Jiechi, said on Saturday that almost 40 foreign …
your ad hereUS Envoy: 3 Countries Granted Iran Oil Waivers Have Cut Imports to Zero
Three of the eight countries to which Washington granted waivers to import Iranian oil have now cut their shipments from Iran to zero, a U.S. special representative said on Tuesday. While the United States has set a target of driving Iranian oil exports to zero, it granted temporary import waivers …
your ad herePence: Low Oil Prices Mean US Can Stand Firm on Venezuela Sanctions
Vice President Mike Pence said on Tuesday the United States would continue to pressure Venezuela’s oil industry and those who support it with economic sanctions, citing world oil prices as low enough to allow for the measures. Oil prices hit their highest point since November on Tuesday, with Brent crude …
your ad hereBrazilian Government Takes Bullish Stance on Pension Reform
Senior Brazilian officials charged with steering pension reform through Congress presented a united front on Tuesday, insisting on an end to the political finger-pointing in recent weeks that threw the government’s signature reform bill into doubt. Brazilian stocks hit a nearly three-month low last week on growing signs of political …
your ad hereFactbox: A look at NATO
NATO foreign ministers are gathering in Washington, D.C. this week to celebrate the 70th anniversary of the North Atlantic Treaty Organization. U.S. President Donald Trump has been critical of other alliance members for under-investing on defense and relying too heavily on the United States. We take a look at the …
your ad hereAustralia Plans Balanced Annual Budget Ahead of Election
Australia’s treasurer said he will unveil the government’s first balanced annual budget plan in a decade days before general elections are called. The budget to be announced late Tuesday will be the conservatives coalition’s final major act before going to voters in May with the argument that they are …
your ad hereTrump’s Threat to Close Border Stirs Fears of Economic Harm
President Donald Trump’s threat to shut down the southern border raised fears Monday of dire economic consequences in the U.S. and an upheaval of daily life in a stretch of the country that relies on the international flow of not just goods and services but also students, families and workers. …
your ad hereBait Crisis Could Take the Steam Out of Lobster This Summer
The boom times for the U.S. lobster industry are imperiled this year because of a shortage of a little fish that has been luring the crustaceans into traps for hundreds of years. Members of the lobster business fear a looming bait crisis could disrupt the industry during a time when …
your ad hereEiffel Tower, Other Sites Go Dark for Earth Hour
The Eiffel Tower was plunged into darkness late on Saturday as the city of Paris switched off the lights on its best-known tourist attraction to mark this year’s Earth Hour. The 13th annual edition of the global event, organized by environmental group World Wildlife Fund to push for action on climate change and other man-made …
your ad hereWorld Turns Off Lights for Earth Hour
The Eiffel Tower, the Empire State Building, the Sydney Opera House, the Brandenburg Gate, the Acropolis and many more iconic landmarks went dark at 8:30 p.m. local time, Saturday night, for Earth Hour, an annual call for local action on climate change. Earth Hour is the brain child of the …
your ad hereLyft Shares Soar on Nasdaq Debut After IPO
Lyft Inc shares on Friday opened up 21.2 percent at $87.24 in its market debut on the Nasdaq after the company was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup. On Thursday, Lyft said it priced 32.5 million shares, slightly more that it …
your ad hereBipartisan Support Seen for a US-Taiwan Free-trade Deal
Influential figures in Washington are calling for the establishment of a bilateral free-trade agreement with Taiwan, even as U.S. and Chinese officials move toward a resolution of their long-running trade dispute. “We have a lot of issues with Beijing, and a lot of opportunities with Taiwan,” said Edwin J. …
your ad hereTossing Coins on Brexit: 2nd Referendum, General Election?
Britons desperately wanting some clarity in the country’s interminable Brexit saga were disappointed Wednesday when lawmakers plunged the country’s proposed exit from the European Union, after half-a-century of membership, into further disarray, failing to find a majority for any way forward after a series of so-called indicative votes. The hope …
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