12h40 Saudi Aramco's <IPO-ARMO.SE>
potential acquisition of a stake in petrochemicals maker SABIC
would affect the timeframe of its own planned initial
public offering, the firm's chief executive, Amin Nasser, said
in a TV interview.. . .
08h29 Production cuts in China's
mammoth steel sector will vary from mill to mill next autumn and
winter, said an environmental ministry official, as the country
shifts away from a 'one size fits all' approach. . .
03h30 Big companies
in the United States from Amazon.com Inc to Toyota
Motor Corp and Alcoa Corp are working to counter
the effect of the Trump administration's trade policies and to
head off new tariffs.. . .
02h43 The United States is
monitoring the recent weakness in China's yuan currency and will
review whether the currency has been manipulated, Treasury
Secretary Steven Mnuchin told Reuters on Friday.. . .
01h48 The U.S. Treasury is open to
removing Russian aluminum producer Rusal from a U.S. sanctions
list, Treasury Secretary Steven Mnuchin said on Friday, adding
the objective was "not to put Rusal out of business.". . .
01h14 U.S. lawmakers cut measures
from a defense bill that would have reinstated sanctions on
China's ZTE Corp, abandoning an attempt to punish the company
for illegally shipping U.S. products to Iran and North Korea.. . .
20/07 U.S. wheat futures sailed to their highest
prices in more than a month on Friday on technical buying and expectations for
increased U.S. exports as poor crop weather hurts harvests in other countries.. . .
20/07 Woodside Petroleum Ltd,
Australia's biggest independent oil and natural gas company, has
decided to pull out of Sempra Energy's Port Arthur
liquefied natural gas (LNG) export project in Texas, Sempra said
on Friday.. . .
20/07 The city of Baltimore filed a lawsuit on
Friday against 26 oil and gas companies and entities, including
BP Plc, Chevron Corp and Exxon Mobil Corp
, for knowingly contributing to what the city. . .
20/07 U.S. stocks ended slightly
lower on Friday as escalating trade anxieties driven by U.S.
President Donald Trump's latest tariff threats against China
offset a string of robust earnings led by Microsoft.. . .
20/07 The U.S. dollar weakened, long
term Treasury yields rose and stocks closed mostly lower on
Friday after President Donald Trump complained again about the
greenback's strength and about Federal Reserve interest rate
rises.. . .
20/07 Latin American currencies,
particularly Brazil's real, strengthened on Friday after
President Donald Trump lamented the strong U.S. dollar, spurring
investors worldwide to lock in profits on the greenback.
In a CNBC. . .
20/07 A U.S. appeals court on Friday rejected
a novel strategy adopted by drug company Allergan PLC to
shield patents from review by an administrative court by
transferring them to a Native American tribe.. . .
20/07 The Canadian dollar rose against a
broadly weak U.S. dollar on Friday after strong inflation and
retail sales data reinforced expectations for another interest
rate hike by the Bank of Canada this year.. . .
20/07 Saudi Aramco's <IPO-ARMO.SE>
potential acquisition of a stake in Saudi petrochemicals maker
SABIC would affect the time frame of its own planned
initial public offering, Aramco's chief executive Amin Nasser
said in a television interview. . .
20/07 Oil prices rose on Friday as a
weakening dollar and lower expected August crude exports from
Saudi Arabia supported the market, offsetting concerns about
U.S.-China trade tensions and supply increases.. . .
20/07 Chinese importers of the
livestock feed sorghum feasted on tabbouleh salad and chipotle
tortillas made with the U.S. grain at a Texas barbecue this
week, as farmers try to woo buyers in the middle. . .
20/07 The U.S. yield curve reached
its steepest level in more than three weeks on Friday afternoon
as President Donald Trump criticized the speed of the Federal
Reserve's pace of interest rate hikes.. . .
20/07 The dollar fell across the
board on Friday, as the latest comments by U.S. President Donald
Trump complaining about the strength of the greenback and the
rise in U.S. interest rates squashed a rally. . .
20/07 Oilfield service giants Schlumberger
and General Electric Co's Baker Hughes missed
second quarter revenue forecasts on Friday as slow international
growth offset record production in the United States that
boosted domestic demand for their services.. . .
20/07 Tariffs are starting to
bite big manufacturers and Wall Street could get another bout of
caution and uncertainty from major industrial companies when a
swath of reports comes in over the next week.. . .
20/07 British businessman Arron Banks
has denied an allegation made by a former business partner that
he approached Russians about investing in his diamond mines, and
that the money raised went instead to his campaign. . .
20/07 Gold prices rose on
Friday from one-year lows hit the previous day and spot platinum
increased more than 3 percent after U.S. President Donald Trump
criticized the strength of the dollar and interest rate
increases. . .
20/07 U.S. lawmakers who reached
an agreement on a must-pass defense bill cut from the
legislation a measure that would have made it harder for the
president to undo sanctions slapped on China's ZTE Corp
,. . .
20/07 European drugmakers Roche
, Bayer and Merck KGaA became the
latest companies to freeze prices in the United States for the
rest of 2018 following criticism by President Donald Trump over
the cost of medicine.. . .
20/07 U.S. industrial conglomerate Honeywell
International Inc said on Friday it had started sourcing
some of its components from countries other than China to
counter growing costs related to a tariff war between the
world's two. . .
20/07 Asian spot liquefied natural gas (LNG)
prices softened for another week as the focus of purchasing
activity switched to September, encountering weak demand, new
supply and a falling yuan potentially sapping Chinese demand.. . .
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