21/05 Gold marked a new low for the year on Monday after U.S. Treasury Secretary Steven Mnuchin's declaration that a trade war between China and the United States was "on hold" helped boost appetite for higher risk assets such as stocks and the dollar.
23h41 A Mai Mai militia attacked
Banro Corp's east Congo Namoya gold mine with rifle and
artillery fire on Thursday, a Banro geologist at the mine said,
killing five people and wounding several others in. . .
23h08 U.S. stocks ended down slightly
on Thursday after President Donald Trump canceled a planned
summit with North Korea's Kim Jong Un and threatened to impose
tariffs on auto imports, though losses were limited by. . .
22h17 President Donald Trump's threat to impose
tariffs on auto imports drew strong criticism abroad and at home
where U.S. business groups and members of his own Republican
Party warned of damage to the industry. . .
21h54 A surprise decision by
Brazil's state-controlled oil company Petroleo Brasileiro SA to
cut diesel prices in response to truckers' protests is worrying
some potential buyers of Petrobras' refineries, three people
with knowledge of the matter. . .
21h07 Canada has blocked a Chinese state firm's
proposed C$1.5 billion ($1.2 billion) takeover of construction
company Aecon Group on national security grounds,
underscoring rising wariness of Chinese firms buying up assets
in Western countries.. . .
20h57 GreenSky LLC, an online platform
for consumers to get loans for home improvements or cosmetic
surgery, made its market debut on Thursday, with shares rising
slightly above the initial public offering price.. . .
20h47 U.S. Treasury yields fell on
Thursday on safety buying after President Donald Trump called
off a planned summit with North Korean leader Kim Jong Un and as
the Turkish lira renewed its decline.. . .
20h16 The increasing popularity of
electric vehicles may create a crunch for supplies of cobalt in
the early-to-mid 2020s, miners and analysts say, adding that
small operators trying to start up mines outside Africa could
play. . .
20h01 A U.S. Environmental Protection
Agency official said he is not satisfied with Volkswagen's
efforts to improve accountability after its diesel
emissions fraud, German newspaper Handelsblatt reported on
Thursday.. . .
19h37 Some of President Donald
Trump's fellow Republicans in the U.S. Congress said on Thursday
that his administration's national security investigation of car
and truck imports amid a trade spat with China is being pursued
under. . .
19h15 Latvia has warned the European
Union to bolster fragmented money laundering controls as much of
the cash now leaving the Baltic state to escape tighter scrutiny
is going to other EU countries.. . .
18h51 European Union finance
ministers are likely to agree on Friday to new banking capital
rules in a major step toward enhancing EU financial stability,
but the deal could be delayed because Italy's political crisis,
EU. . .
18h31 Morgan Stanley
shareholders sided with the company's board on all votes taken
at their annual meeting on Thursday, electing the slate of
directors and endorsing the company's compensation of top
executives.. . .
18h13 U.S. Senator Bob Corker, the
chairman of the Foreign Relations Committee, said on Thursday
that he and other lawmakers had been briefed on Wednesday
evening about the Chinese telecommunications firm ZTE Corp
.. . .
15h23 Global grain supplies are poised
to fall to a three-year low in the 2018/19 season due to a
drawdown in stocks coupled with a slight dip in output, the
International Grains Council (IGC) said. . .
14h52 U.S. Commerce Secretary
Wilbur Ross on Thursday said a U.S. national security probe of
car and truck imports was still in its early stages but that
other countries' high, artificial barriers such as tariffs. . .
14h43 China said on Thursday it would
"open its door wider" to German businesses, giving a warm
reception to visiting Chancellor Angela Merkel, who has wooed
Beijing to counterbalance trade threats from U.S. President
Donald Trump.. . .
14h22 Shares of General Motors and Ford
inched only marginally higher before the bell on Thursday
after the Trump administration launched a national security
probe into car imports which could lead to new tariffs on
foreign. . .
14h17 The United States has not
made a final decision on changes to its ban on ZTE Corp
, but any alternative remedy could include installing
U.S. compliance officers at the Chinese telecoms company,
Commerce Secretary. . .
13h41 BAWAG Group aims to
reach its medium-term growth targets thanks to more takeovers in
the German speaking world and new retail partnerships that will
strengthen its consumer business, the Austrian bank said on
Thursday.. . .