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→  May 19, 2018

NEW YORK (Reuters) – The SP 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks. All three major U.S. stock indexes posted a weekly loss as the markets reacted to reports from the U.S.-China trade summit, rising U.S. […]

→  May 18, 2018

(Reuters) – Cargill, the global grains trader, sees the future of protein in the humble pea. FILE PHOTO: A box of Cheerios cereal, fortified with soy and pea protein, is seen in this photo illustration in Wilmette, Illinois, U.S., September 12, 2014. REUTERS/Jim Young/File PhotoIn a joint venture at a Wisconsin plant, flour milled from […]

→  May 17, 2018

SINGAPORE/MUMBAI/MANILA (Reuters) – Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record, pushing the cost of the region’s thirst for crude to $1 trillion this year, about twice what it was during the market lull of 2015/2016. FILE PHOTO: Motorists drives past an electronic board at a […]

→  May 16, 2018

(Reuters) – Wall Street edged higher on Wednesday as Macy’s strong results helped drive gains in retails stocks and more than offset losses in energy shares. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 2, 2018. REUTERS/Brendan McDermidMacy’s (M.N) rose 5.7 percent after reporting […]

→  May 15, 2018

(Reuters) – Wall Street indexes fell on Tuesday as investors worried about a lack of progress in U.S.-China trade talks and Treasury yields rose after U.S. retail sales data indicated rising inflation. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2018. REUTERS/Brendan McDermidThe […]

→  May 14, 2018

WASHINGTON (Reuters) – President Donald Trump’s pledge to help China’s ZTE Corp “get back into business, fast” and save Chinese jobs after a U.S. ban crippled the technology company drew condemnation from some lawmakers on Monday over trade and security concerns. FILE PHOTO: The logo of ZTE Corp is seen on its building in Beijing, […]

→  May 13, 2018

WILLEMSTAD Reuters – – A Curacao court has authorized ConocoPhillips (COP.N) to seize about $636 million in assets belonging to Venezuela’s state oil company PDVSA due to the 2007 nationalization of the U.S. oil major’s projects in Venezuela. A general view shows the Isla refinery in Willemstad on the island of Curacao, April 22, 2018. […]

→  May 12, 2018

SAN FRANCISCO (Reuters) – Apple is on the verge of becoming the first $1 trillion publicly listed U.S. company, but even if it gets there, it could soon be overtaken as Amazon.com surges from behind. Started in the garage of co-founder Steve Jobs in 1976, the iPhone maker’s annual revenue has ballooned to $229 billion, […]

→  May 11, 2018

(Reuters) – Hiring President Donald Trump’s personal attorney, Michael Cohen, was a “big mistake,” ATT Inc (T.N) Chief Executive Officer Randall Stephenson said in an employee memo, reviewed by Reuters, that went out Friday morning. FILE PHOTO: Chief Executive Officer of ATT Randall Stephenson arrives at a U.S. District Court in Washington, D.C., U.S. April […]

→  May 10, 2018

(Reuters) – Wall Street was higher on Thursday after U.S. consumer prices increased modestly in April, cooling worries of accelerating inflation that would have made a case for faster interest rate hikes. FILE PHOTO: People walk on Wall Street in front of the New York Stock Exchange (NYSE) in New York, U.S., February 6, 2018. […]