Tag Archives: US


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India to impose retaliatory tariffs on 28 US goods

06 June, 2019 12:43 pm 12:43 pm

NEW DELHI (Reuters) – India will impose higher retaliatory tariffs on 28 US products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New Delhi. The new duties take effect from Sunday, a government notification said, in the latest trade row since US President Donald Trump took office in … Read More



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Migrants rush to enter Mexico ahead of security crackdown demanded by Trump

06 June, 2019 12:04 pm 12:04 pm

CIUDAD HIDALGO, Mexico (Reuters) – Central American migrants eager to beat a crackdown by Mexico on its southern border with Guatemala scrambled into the country as the government prepared to send thousands of National Guard members to plug gaps in the porous frontier. Mexico has agreed with the United States to demonstrate by late July … Read More



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Global stocks dip as Fed meeting looms, oil climbs on geopolitical fears

06 June, 2019 8:31 am 8:31 am

NEW YORK (Reuters) – US stocks ended nominally lower as investors awaited next week’s Federal Reserve meeting for signs of imminent easing, while the US-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher. Lingering worries over the US-China trade war also weighed on investor sentiment. Weak China data and … Read More



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UK court sets Assange US extradition hearing for February 2020

06 June, 2019 8:09 am 8:09 am

LONDON (Reuters) – The full extradition hearing to decide whether Wikileaks founder Julian Assange should be sent to the United States to face accusations including spying charges will take place in February next year, a London court ruled. Assange, 47, faces 18 counts in the US including conspiring to hack government computers and violating an … Read More



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US blames Iran for tanker attacks in Gulf of Oman, Iran rejects assertion

06 June, 2019 9:45 am 9:45 am

DUBAI/WASHINGTON (Reuters) – The United States blamed Iran for attacks on two oil tankers in the Gulf of Oman on Thursday that drove up oil prices LCOc1 and raised concerns about a new US-Iranian confrontation, but Tehran bluntly denied the allegation. It was not immediately clear what befell the Norwegian-owned Front Altair or the Japanese-owned … Read More



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Alex scores five as US beat Thailand with record 13-0 win

06 June, 2019 10:42 am 10:42 am

REIMS, France (Reuters) – Striker Alex Morgan scored five times as holders the United States began their World Cup campaign with a record 13-0 win over Thailand on Tuesday. The Group F result was the largest margin of victory in either the men’s or women’s World Cup. When the Americans headed for the interval 3-0 … Read More



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Trump is confident Mexico will enforce new immigration deal

06 June, 2019 9:01 am 9:01 am

WASHINGTON (Reuters) – US President Donald Trump predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum programme and boost security on its southern border to stem Central American migrants trying to reach the United States. The deal, announced on Friday after three days of negotiations in Washington, … Read More



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Facebook suspends app pre-installs on Huawei phones

06 June, 2019 8:45 am 8:45 am

SAN FRANCISCO (Reuters) – Facebook Inc is no longer allowing pre-installation of its apps on Huawei phones, the latest blow for the Chinese tech giant as it struggles to keep its business afloat in the face of a US ban on its purchase of American parts and software. Customers who already have Huawei phones will … Read More



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Trump calls off tariffs on Mexico after deal on migration

06 June, 2019 8:22 am 8:22 am

WASHINGTON (Reuters) – The United States and Mexico reached a deal to avert a tariff war, with Mexico pledging to take “strong measures” to contain the migration of mostly Central Americans crossing the southern US border, a surge in recent months that has overwhelmed US resources. US President Donald Trump, who has continually railed against … Read More



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Asia shares dazed by trade uncertainty, US jobs risks

06 June, 2019 9:06 am 9:06 am

SYDNEY (Reuters) – Asian share markets dithered as investors waited for concrete signs of progress in the US-Mexican trade standoff, while bracing for a US jobs report that could sway the course of interest rates there. MSCI’s broadest index of Asia-Pacific shares outside Japan edged 0.04% higher and looked set for another cautious session being … Read More



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BMW sells cars globally despite tariffs: board member

06 June, 2019 8:38 am 8:38 am

SAN LUIS POTOSI, Mexico (Reuters) – BMW sees no reason to change its plans for Mexico in the wake of US threats to slap duties on Mexican imports, a board member of the German carmaker said adding the company sells cars globally despite tariffs placed by most countries on imported vehicles. The automaker also foresees … Read More



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Oil prices extend gains, move further away from five-month lows

06 June, 2019 8:29 am 8:29 am

TOKYO (Reuters) – Oil prices rose around 1% on Friday to move further away from five-month lows hit earlier in the week, buoyed by a report that Washington could postpone trade tariffs on Mexico and signs OPEC and other producers may extend crude supply cuts. Brent crude futures were up 50 cents, or 0.8%, at … Read More



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Huawei CFO extradition hearing to begin in January 2020

06 June, 2019 8:17 am 8:17 am

TORONTO (Reuters) – Huawei Chief Financial Officer Meng Wanzhou will challenge her extradition to the United States on fraud charges at hearings set to begin Jan. 20, 2020, court records showed, after her legal team appeared before a Canadian judge. Meng’s team proposed that the extradition hearing wrap up in October 2020, with extra time … Read More



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As Mexico-US talks progress, markets rise on hopes a deal could be close

06 June, 2019 8:06 am 8:06 am

WASHINGTON (Reuters) – Mexican and US officials held a second day of talks on trade and migration with markets rebounding on optimism a deal could be close, although it was unclear if Mexican pledges to curb migration flows were enough to persuade the Trump administration to postpone tariffs. US President Donald Trump has warned that … Read More



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China issues 5G licences in timely boost for Huawei

06 June, 2019 12:16 pm 12:16 pm

SHANGHAI (Reuters) – China granted 5G licences to the country’s three major telecom operators and China Broadcasting Network Corp on Thursday, giving the go-ahead for full commercial deployment of the next-generation cellular network technology. The approvals will trigger investment in the telecommunications sector which will benefit top vendors such as Huawei Technologies, just as the … Read More



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