US Business

Proxy adviser ISS opposes plan by Hudson's Bay chairman to take firm private

08h34 Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson's Bay Co to take the Saks Fifth Avenue owner private after the bid was topped by. . .  Full story

Trump calls for World Bank to stop loaning to China

05h50 U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington's objections.. . .  Full story

Mexico official lauds progress on trade deal but says work remains

04h22 Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators made "good progress" to close the United States-Mexico-Canada Agreement (USMCA) trade deal, but many elements remained to be resolved.. . .  Full story

Saudi energy minister talks OPEC+ unity, backs Aramco to soar

03h39 OPEC and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia's energy minister told Reuters.. . .  Full story

China and Mexico to hold high-level trade discussions next week

00h51 A high level delegation of Chinese and Mexican business and government representatives are scheduled to meet in Mexico City on Tuesday and Wednesday to discuss trade and foreign investment, industry executives said.. . .  Full story

Brazil's JBS says U.S. listing would not change headquarters, not aimed at reducing tax rate -filing

00h30 Brazilian meatpacker JBS SA said in a securities filing late on Friday the company is considering a U.S. listing of its international assets but not a change of its headquarters.. . .  Full story

Wall Street climbs on solid jobs data, trade hopes

06/12 Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.. . .  Full story

End of Poloz era at Bank of Canada may open door to first female governor

06/12 Bank of Canada Governor Stephen Poloz will step down when his seven-year mandate expires in June, the bank said on Friday, and the front-runner to replace him could become the first woman to head. . .  Full story

Saudi delivers deeper cuts as OPEC+ oil producers back new pact

06/12 Saudi Arabia spearheaded a deal on Friday that will see the OPEC+ group of oil producers commit to some of the sector's deepest output cuts in a decade aiming to avert oversupply and support. . .  Full story

Soy futures rise as China offers tariff waivers on some U.S. farm goods

06/12 U.S. soybean futures rose for a fourth consecutive session on Friday as China said it would waive import tariffs for some American farm products, renewing optimism for a possible trade agreement between Washington and Beijing.. . .  Full story

TREASURIES-U.S. Treasury yields jump after non-farm payrolls rise

06/12 U.S. Treasury yields rose on Friday after the Labor Department reported job growth increased by the most in 10 months in November. The benchmark 10-year yield was 4.3 basis points higher. . .  Full story

Trump asks Supreme Court to stop banks from disclosing his financial data

06/12 President Donald Trump, fighting to keep details of his finances secret, asked the U.S. Supreme Court on Friday to prevent records held by Deutsche Bank AG and Capital One Financial Corp from being handed over. . .  Full story

JBS plan for U.S. IPO includes redomiciling -source

06/12 Meatpacker JBS SA's plans for an initial public offering in the United States include redomiciling of its headquarters, one source with knowledge of the matter said on Friday.. . .  Full story

-U.S. oil drillers cut rigs for seventh consecutive week - Baker Hughes

06/12 U.S. energy firms reduced the number of oil rigs operating for a seventh week in a row as year-long declines in the rig count have only curbed growth of record U.S. production, prompting OPEC. . .  Full story

Amazon websites could be added to USTR's 'Notorious Markets' list -WSJ

06/12 The Trump administration is considering putting some of Inc's overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the. . .  Full story

Halliburton lays off 70 employees at Bakersfield plant in California

06/12 Halliburton Co is laying off employees at its Bakersfield plant in California in its latest round of job cuts this year, as the U.S. oilfield services firm struggles with falling profits amid slowing oil. . .  Full story

Strong U.S. job growth showcases economy's resilience

06/12 U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet. . .  Full story

3M exploring $1 bln sale of drug delivery systems unit -Bloomberg

06/12 Industrial conglomerate 3M Co is exploring a sale of its drug delivery systems unit, which could fetch around $1 billion, Bloomberg reported on Friday, citing people with knowledge of the matter.. . .  Full story

Alexion Pharma rejects Elliott's push for "proactive sale"

06/12 Alexion Pharmaceuticals Inc said on Friday its board of directors had unanimously rejected hedge fund Elliott Management's push for a "proactive sale" process of the entire company because it would not be in the. . .  Full story

-Austria's AMS hails Osram victory with second $5.1 bln bid

06/12 Austrian sensor specialist AMS said it had succeeded at its second attempt with a 4.6 billion euro ($5.1 billion) bid for Osram on Friday, gaining more than 55% of the German lighting group's shares.. . .  Full story

Citgo quarterly profit jumps on boost from higher refining capacity

06/12 Citgo Petroleum Corp, the U.S. refining unit of Venezuelan state-owned oil company PDVSA, on Friday reported a 76.2% rise in profit for the third quarter, compared with the second, benefiting from increased capacity.. . .  Full story

Trump will make final call on China tariffs, likes direction of talks -Kudlow

06/12 Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald. . .  Full story

Sensor specialist AMS' bid to buy lighting group Osram

06/12 Austrian sensor specialist AMS succeeded on Friday with its 4.6 billion euro ($5.07 billion) takeover bid for German lighting group Osram at the second attempt, acquiring more than the 55% of shares required.. . .  Full story

Additional output cuts pledged by OPEC+ oil producers

06/12 OPEC and non-OPEC oil producers agreed on Friday to deepen their oil output cuts in the first quarter of 2020. Below is a table showing the size of their additionl. . .  Full story

U.S. economy set fair for 2020, provided trade truce holds: Kemp

06/12 Like the rest of the U.S. economy, the labour market is split between sluggish manufacturing and a much stronger services sector, but both appear to have averted falling into recession at the end of. . .  Full story

Venezuela govt, opposition weigh giving private oil firms operating rights -sources

06/12 Venezuela's government and opposition have discussed allowing private companies in joint ventures with state oil company PDVSA to operate oil fields themselves, reversing a longstanding requirement that PDVSA control such operations, three people familiar with. . .  Full story

Euro zone bond yields set for biggest weekly rise in a month

06/12 Euro zone bond yields were little changed on Friday, set for their biggest weekly rise in a month, with the focus on U.S.-China trade talks and what a gathering of Germany's Social Democrats could. . .  Full story

What deeper OPEC+ oil output cuts mean for the market

06/12 Saudi Arabia and Russia led a deal on Friday in which OPEC and its allies committed to deeper oil output cuts in the first quarter of 2020 aiming to avert oversupply and support prices.. . .  Full story

TSX rises on energy boost as OPEC+ agrees to output cuts

06/12 Canada's main stock index rose on Friday, boosted by energy shares after OPEC and its allies agreed to supply cuts, while upbeat comments from U.S. President Donald Trump on a trade deal with China. . .  Full story

Wall St Week Ahead-Tariff deadline keeps focus on trade as 2019 draws to close

06/12 The stock market looks set to end 2019 the way it began the year -- highly sensitive to headlines from President Donald Trump's global trade war.. . .  Full story

U.S. October wholesale inventories revised down

06/12 U.S. wholesale inventories rebounded less than initially estimated in October, with apparel stocks dropping by the most in three years, suggesting that inventory investment could be a drag on fourth-quarter economic growth.. . .  Full story

Bayer reaches agreement to postpone more glyphosate lawsuits for settlement talks

06/12 Germany's Bayer has agreed with plaintiffs to postpone its next two U.S. lawsuits over the alleged cancer-causing effects of its glyphosate-based weed killers to allow more time for talks on a settlement.. . .  Full story

Baltic index falls as capesize demand slips

06/12 The Baltic Exchange's main sea freight index fell on Friday weighed by weaker capesize demand, but the index ended the week up 2% on higher rates across the panamax and supramax segments.. . .  Full story

China's SenseTime expects $750 mln 2019 revenue despite U.S. ban -sources

06/12 Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the. . .  Full story

Mexican auto output, exports stumble in November

06/12 Mexican auto exports and output posted a sharp dip in November compared to the same month last year, data from the national statistics agency showed on Friday.. . .  Full story

Swiss approve insurance cover for Novartis, Gilead cell therapies

06/12 The Swiss government approved on Friday health insurance coverage for CAR-T cell therapies from Novartis and Gilead Sciences, which can cost hundreds of thousands of dollars per patient.. . .  Full story

China's Dongfeng plans partial sale of PSA stake - sources

06/12 China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned. . .  Full story

Fed voters a less-hawkish bunch in 2020, lowering bar for U.S. rate cut

06/12 The bar for cutting U.S. interest rates may get a little lower next year when a new crop of central bankers rotate into voting spots on the Federal Reserve's policy-setting panel as part of. . .  Full story

Santander Brasil revamps investment banking with new hires

06/12 Banco Santander Brasil is making new hires as part of a revamp of its investment banking business in an effort to gain market share.. . .  Full story

China-built Tesla cars secure new energy vehicle subsidies

06/12 Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market.. . .  Full story

France rejects U.S. proposal on international tax reform

06/12 France rejects a U.S. idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith.. . .  Full story

Brazil attending as observer at OPEC+ oil producers meeting -Venezuelan minister

06/12 Brazil is participating as an observer at a meeting of OPEC and non-OPEC oil producers, the so-called OPEC+, in Vienna on Friday, Venezuelan Oil Minister Manuel Quevedo said in a speech opening the meeting.. . .  Full story

Russia's 2019 gas condensate output to exceed 34 mln T -energy ministry

06/12 Russia's gas condensate output this year is expected to reach more than 34 million tonnes, Alexander Gladkov, a department head at the Russian energy ministry, told reporters on Friday.. . .  Full story

SoftBank's Son sticks with gut-led investing in chat with Alibaba's Ma

06/12 Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.. . .  Full story

JPMorgan banker testifying for cartel prosecutors says there was no agreement

06/12 A prosecution witness in an Australian criminal cartel case against Citigroup Inc and Deutsche Bank AG said on Friday that the banks never colluded, but that he helped a regulator build its case to. . .  Full story

Japan stocks end higher ahead of U.S. payrolls data

06/12 Japanese shares closed higher on Friday, a day after its government approved a 26 trillion yen ($239.32 billion) stimulus package to support growth, with the focus shifting to U.S. jobs data that will be. . .  Full story

China, HK stocks rise as Trump strikes upbeat tone on trade talks

06/12 China and Hong Kong stocks rose in the morning session on Friday, with risk appetite improving after U.S. President Donald Trump said U.S.-China trade talks are "moving right along.". . .  Full story

Wheat drops for third session on supply pressure, soybeans tick higher

04/12 Chicago wheat futures fell for a third consecutive session on Wednesday, dropping to their lowest in more than a week on pressure from ample world supplies. Corn fell for a second. . .  Full story

Hong Kong police retrieve fresh trove of petrol bombs from university

04/12 Police in Hong Kong this week re-entered the campus of a university it besieged for more than 10 days last month, gathering newly discovered chemicals and petrol bombs hoarded by anti-government protesters in the Chinese-ruled. . .  Full story

China capex growth hits 3-year low as weak economy, trade war drag

04/12 Capital investment by Chinese firms has ground to its slowest pace in three years, as a weakening economy, tight credit and prolonged trade war with the United States dent sales growth and cash reserves,. . .  Full story

COLUMN-Hedge funds pile into petroleum on rosier economic outlook: Kemp

04/12 Hedge funds resumed heavy buying of crude oil and petroleum products last week, with the previous week's bout of profit-taking halted by increasing optimism over the global economy and hopes for more output cuts. . .  Full story

Court tells banks to hand Trump financial records to House Democrats

04/12 A U.S. appeals court on Tuesday handed President Donald Trump another defeat in his bid to keep his financial records secret, directing Deutsche Bank AG and Capital One Financial Corp to comply with subpoenas from. . .  Full story

Proper U.S.-China trade deal more important than timing-U.S. Commerce chief

04/12 U.S. Commerce Secretary Wilbur Ross on Tuesday rejected any deadlines on a trade deal with China and launched a fresh attack on telecoms giant Huawei, further dimming hopes for an end to a 17-month. . .  Full story

U.S. has not ruled out imposing tariffs on imported autos - Commerce chief

04/12 U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period end in November with no action.. . .  Full story

Russians, Italians, charged for attempt to evade U.S. sanctions

04/12 U.S. federal prosecutors have charged Russian, Italian and U.S. companies and several employees for allegedly trying to evade U.S. sanctions by providing a U.S.-manufactured power turbine to a Russian state-controlled business, the U.S. Justice Department. . .  Full story

China's restaurants feel the heat as pork supplies plunge

04/12 Cao Xianli, the owner of a 'ribs and rice' restaurant in eastern China's Qingdao city, is facing his biggest test in a decade of running the eatery.. . .  Full story

Judge grants U.S. motion to disqualify Huawei lawyer from fraud, sanctions case

04/12 Federal judge grants u.s. Government motion to disqualify james cole, a lawyer for huawei, from criminal case accusing company of bank fraud, sanctions violations -- order. . .  Full story

France fights back over U.S. tariff threat to champagne, cheese

04/12 France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags. . .  Full story

Huawei urging suppliers to break the law by moving offshore - U.S. Commerce chief

04/12 China's telecoms giant Huawei has been encouraging its suppliers to violate U.S. law by telling them to move operations offshore in a bid to avoid U.S. sanctions, Commerce Department Secretary Wilbur Ross told Reuters. . .  Full story

Oil steadies after slide on Trump's U.S-China trade comments

03/12 Oil steadied on Tuesday, settling narrowly mixed as expectations of output cuts from OPEC and allied producers helped prices bounce after a slide following comments from U.S. President Donald Trump that a trade deal with. . .  Full story

Wall Street falls as trade hopes wane

03/12 U.S. stocks sold off for a third consecutive session on Tuesday after comments from President Donald Trump and Commerce Secretary Wilbur Ross threw cold water on hopes of a possible near-term respite from the market-bruising. . .  Full story

Wheat futures drop sharply; soy snaps losing streak; corn mixed

03/12 Chicago Board of Trade soft red winter wheat futures sagged 1.8 percent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S.. . .  Full story

U.S. consumer watchdog proposes exemptions for banks, credit unions on remittances

03/12 The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in instances when it may be too expensive. . .  Full story

French Champagne makers fear impact of potential new U.S. duties

03/12 French champagne producers and exporters decried a U.S. government threat to slap tariffs of up to 100% on a range of French products including sparkling wines, saying they have nothing to do with the. . .  Full story

Bank of Montreal profit drops on costs to cut 5% of workforce

03/12 Bank of Montreal reported a drop in fourth-quarter net profit on Tuesday, driven by severance costs to cut about 5% of its workforce, even as earnings excluding the one-time items beat expectations.. . .  Full story

Court directs banks to provide Trump financial records to House Democrats

03/12 A U.S. appeals court on Tuesday handed President Donald Trump another defeat in his bid to keep his financial records secret, directing Deutsche Bank AG and Capital One Financial Corp to comply with subpoenas from. . .  Full story

Fidelity Investments names new head of $3 trillion asset management division

03/12 Fidelity Investments on Tuesday named Bart Grenier, who was at the center of a tickets scandal at the mutual fund company more than a decade ago, to lead its nearly $3 trillion asset management. . .  Full story

U.S. shoppers, mostly online, spend 16% more over holiday weekend

03/12 A record number of U.S. consumers spent more online and in stores over the holiday weekend for everything from clothing to toys, the National Retail Federation said on Tuesday.. . .  Full story

U.S. Treasury yields continue fall; 10-year yield at 1.7020%

03/12 The 10-year U.S. Treasury yield fell 13.4 basis points on Tuesday, on track for its biggest daily drop since May 2018, reflecting tough trade talk by U.S. President Donald Trump and his Commerce Secretary. . .  Full story

CN Rail strike to weigh on 2019 profit, shares fall

03/12 Canadian National Railway Co on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country's largest rail strike in a decade that ended last week.. . .  Full story

European bond yields dive after Trump suggests trade agreement delay

03/12 European bond yields turned lower on Tuesday, reversing all the previous day's gains, after U.S. President Donald Trump said he had no deadline for reaching a trade agreement with China, adding it could come. . .  Full story

Mexico resists U.S. demands on trade deal, wants Senate to back tweaks

03/12 President Andres Manuel Lopez Obrador on Tuesday pushed back against U.S. attempts to subject Mexico to oversight of its labor market, and said the Mexican Senate should be consulted before changes to a new. . .  Full story

White House considered kicking Huawei out of U.S. banking system - sources

03/12 The Trump administration considered banning China's Huawei from the U.S. financial system earlier this year as part of a host of policy options to thwart the blacklisted telecoms equipment giant, according to three people familiar. . .  Full story

France fights back over U.S. tariff threat to Champagne, cheese

03/12 France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags. . .  Full story

Baltic index up for 8th session on robust rates for capesize vessels

03/12 The Baltic Exchange's main sea freight index rose for an eighth straight session on Tuesday, supported by stronger rates for capesize and panamax vessels.. . .  Full story

Fidelity's head of asset management arm to retire - FT

03/12 The head of Fidelity Investment's $2.8 trillion asset management division, Steve Neff, is retiring, the Financial Times reported, citing a memo sent to the brokerage's employees on Tuesday.. . .  Full story

TSX slides for third day on fears of delay in U.S.-China trade deal

03/12 Canada's main stock index fell for a third session on Tuesday after U.S. President Donald Trump said a U.S.-China trade deal might not be reached until after the 2020 U.S. presidential elections.. . .  Full story

France's Macron hopeful of settling digital tax dispute with U.S.

03/12 French President Emmanuel Macron said on Tuesday he was hopeful that trade and economic disagreements with the United States, including a dispute over France's new digital services tax, could be settled.. . .  Full story

SoftBank leads $100 mln funding round in Mexico's Konfio

03/12 Japan's Softbank Group Corp is leading a $100 million investment in Mexico's financial services platform Konfio in its fourth financing round, the Mexican company said in a statement on Tuesday.. . .  Full story

Hedge funds pile into petroleum on rosier economic outlook: Kemp

03/12 Hedge funds resumed heavy buying of crude oil and petroleum products last week, with the previous week's bout of profit-taking halted by increasing optimism over the global economy and hopes for more output cuts. . .  Full story

World's largest pension fund halts stock lending to short sellers

03/12 Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, has suspended stock lending for short selling, calling the practice inconsistent with its responsibilities as a long-term investor.. . .  Full story

U.S.-China trade pendulum swings toward Beijing; commodities key: Russell

03/12 Since U.S. President Donald Trump launched his trade dispute with China one of the best questions to ask in order to assess the current state of the process is who, right now, is more. . .  Full story

Foxconn's Gou to discuss trade war, investment on U.S. trip

03/12 Terry Gou, the billionaire founder of Apple supplier Foxconn, said on Tuesday he would discuss investment and the China-U.S. trade war while in the United States, adding that he may get to meet U.S.. . .  Full story

Pool of negative-yielding euro zone govt bonds shrinks in November

03/12 The pool of negative-yielding euro zone bonds shrank further in November, data from electronic trading platform Tradeweb showed on Tuesday, but still accounts for almost two-thirds of the bloc's government bond market.. . .  Full story

New U.S. threat of sanctions are bad for global economy - Le Maire

03/12 New tariff threats by the United States on certain French products are bad for the global economy, and France is counting upon the solidarity of its European partners as it looks to challenge the. . .  Full story

PG&E failed to inspect transmission lines that caused deadly 2018 wildfire -state probe

03/12 Bankrupt California power producer PG&E Corp did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state. . .  Full story

Safran and MTU reach agreement on co-operation on military jet engine - sources

03/12 French engine maker Safran and German counterpart MTU Aero Engines have reached an agreement to cooperate on a military jet engine, removing an obstacle to developing a Franco-German fighter, sources familiar with the matter said.. . .  Full story

Russia blocks Shutterstock domain for 'insulting state symbols'

03/12 Russia has blocked one of U.S. stock photography and footage provider Shutterstock's domains over content it said constituted an insult to state symbols.. . .  Full story

Trump says new U.S. law on Hong Kong doesn't help China trade talks

03/12 U.S. President Donald Trump said on Monday U.S. legislation backing protesters in Hong Kong did not make trade negotiations with China easier, but added he believes Beijing still wants a deal with the United States.. . .  Full story

Leading French luxury stocks fall after latest U.S. tariff threats

03/12 Shares in leading French luxury companies fell on Tuesday after the United States issued a new set of tariff threats on French products.. . .  Full story

Japan's Astellas to buy Audentes for $3 bln in high-priced gene therapy bet

03/12 Japan's Astellas Pharma Inc is buying U.S. drugmaker Audentes Therapeutics Inc for about $3 billion in cash, in a high-priced push to make genetic medicines a key area of growth.. . .  Full story

EU ready to respond to U.S. tariff threat on France -Le Maire

03/12 The latest U.S. tariff threats on French products are "unacceptable" and the European Union is ready to issue a riposte, French finance minister Bruno Le Maire said on Tuesday.. . .  Full story

Nomura incoming CEO says to speed up reform, domestic retail business seen in focus

03/12 Nomura Holdings Inc's incoming chief executive Kentaro Okuda said on Tuesday he wanted to speed up the pace of reform at the country's largest brokerage, which has long struggled to make its mark globally and. . .  Full story

Goldman expects an "uneventful" 3-month OPEC output cut extension

03/12 Goldman Sachs said on Monday the Organization of the Petroleum Exporting Countries (OPEC) and its allies will likely extend its current output curbs through June, but expects the "uneventful" three-month extension to provide little support. . .  Full story

U.S. Cyber Monday sales to hit record $9.2 billion

03/12 Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping.. . .  Full story

Senior Chinese diplomat set for first visit to S.Korea in 5 years amid missile defence row

03/12 A high-ranking Chinese diplomat is visiting Seoul this week for the first time in five years as the two countries seek to improve ties amid a spat over a U.S. anti-missile system in South. . .  Full story

China may ban all U.S. diplomatic passport-holders from Xinjiang -Global Times editor

03/12 China might ban all U.S. diplomatic passport-holders from entering the country's western Xinjiang autonomous region, Global Times Editor-in-Chief Hu Xijin said on Tuesday.. . .  Full story

COLUMN-U.S. oil output continues to climb despite lower prices: Kemp

03/12 U.S. crude production rose again in September, confounding sceptics who have long been predicting that output is poised to begin declining because of lower oil prices.. . .  Full story

U.S. senators want Turkey sanctioned over Russia missile system

03/12 U.S. lawmakers pressed the Trump administration on Monday to impose sanctions on Turkey over its purchase of a Russian missile defense system, saying the failure to do so sends a "terrible signal," and a. . .  Full story

UnitedHealth forecasts 2020 earnings, midpoint below estimates

03/12 Health insurer UnitedHealth Group on Monday issued its adjusted earnings forecast for 2020, the midpoint of which was below analysts' estimates.. . .  Full story

Trump's tariff ambush risks pushing Brazil closer to China

03/12 U.S. President Donald Trump's surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro's aim of forging closer ties with Washington and could push Latin America's No. 1 economy. . .  Full story