China’s economy gets reprieve: tariff reduction boosts short-term growth
The 90-day tariff truce between the US and China is expected to increase shipments and production over the next three…
Goldman Sachs, others boost S&P target as US-China trade deal lifts sentiment
Just days after warning that the S&P 500 could fall another 20% due to a potential recession triggered by escalating…
Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US
US President Donald Trump has secured a staggering $600 billion investment commitment from Saudi Arabia during the first leg of…
US stocks open mostly in the green: Nasdaq up 0.6%, S&P 500 up 0.3%
The S&P 500 traded near the flatline early Tuesday as investors paused to digest a softer-than-expected inflation report and assessed…
Trump’s Middle East trip: is this the privatization of American foreign policy?
Donald Trump didn’t return to the Middle East for diplomacy. He came for deals. This week, the president landed in…
US considers deal to let UAE import over a million advanced Nvidia chips: report
The Trump administration is in active talks to authorize the United Arab Emirates to import over a million Nvidia Corp’s…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
From escalation to reset? What really happened during the US–China trade talks in Geneva
The trade war between the US and China escalated fast this year. And just as quickly, both sides returned to…
Looming oil surplus could stall price recovery, say analysts
Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts. …
How China is rebranding Venezuelan oil as Brazilian to evade sanctions
Over the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude…