Posts filtered by tags: US China[x]


 

Geopolitical dangers abound for global oil supply | Financial Times

Geopolitical dangers abound for global oil supply | Financial Times:As crude prices collapsed in the fourth quarter last year, traders questioned the effectiveness of supply cuts led by Saudi Arabia and Russia, as US shale output boomed while uncertainty mounted over the effects of the US-China trade spat on global demand.Brent crude has since recovered but that negative narrative remains, capping the price at about $60 a barrel. However, traders should not forget that volatile production from O...
Tags: Travel, Saudi Arabia, Russia, US, Opec, Iran, Venezuela, Tehran, Financial Times, US China, Rupert Neil Bumfrey, Iran Libya Nigeria


Global stocks surge on China-US trade breakthrough hopes

Stock markets across the globe powered higher Friday, buoyed by hopes of a breakthrough in efforts to defuse a US-China trade war.
Tags: News, US China, China US


Stock markets surge on China-US trade breakthrough hopes

Stock markets across the globe powered higher Friday, buoyed by hopes of a breakthrough in efforts to defuse a US-China trade war.
Tags: News, US China, China US


Stocks keep climbing as hopes for US-China trade deal rise

NEW YORK (AP) — Stocks in the U.S. and Europe are surging Friday as renewed hopes for progress in trade talks between the U.S. and China contribute to the market's newfound optimism.Stocks rallied after Bloomberg News reported that... [Author: [email protected]]
Tags: Europe, Business, New York, China, Ap, Bloomberg News, US China


Markets Right Now: Stocks climb as US-China trade hopes rise

NEW YORK (AP) — The latest on developments in financial markets (all times local):11:45 a.m.Stocks are surging Friday as renewed hopes for progress in trade talks between the U.S. and China contribute to a new sense of optimism... [Author: [email protected]]
Tags: Business, New York, China, US China


Oil jumps 3 pct on OPEC plan details, US-China trade hopes

Tempering support for prices, however, are signs of weakening demand and surging U.S. output.
Tags: Finance, Opec, Article, Reuters, FBN, US China, Fbn/markets, Fox-business/markets, Fox-business/markets/oil, Fbc4d81e-e2ad-547a-8c31-8b29a3400d51


What's moving markets today

Here's what investors are paying attention to, from US-China tariffs talk to job cuts at Tesla.
Tags: Cnn, US China


NZ shares follow Asian markets higher

New Zealand shares followed Asian markets higher on renewed hopes for a resolution to the US-China trade tensions. Trading was light with few local drivers.The S&P/NZX 50 index rose 19.9 points, or 0.2 per cent, to 9077.71. Within... [Author: [email protected]]
Tags: Business, New Zealand, Nz, US China


Oil up on OPEC output cuts, hopes of easing US/China trade tensions

Oil prices rose on Friday after a report from the Organization of the Petroleum Exporting Countries (OPEC) showed its production fell sharply last month, easing fears about prolonged oversupply.
Tags: Money, Opec, businessNews, US China


Oil slides on increased US output and US-China trade fears

OPEC and non-members plan to cut production by a joint 1.2 million bpd this year.
Tags: Finance, US, Opec, Article, Reuters, FBN, US China, Fbn/markets, Fox-business/markets, Fox-business/markets/oil, E9d69280-5d5f-5775-8eb8-3956abd627ae


Opec forecasts fall in crude demand on global imbalance | Financial Times

Opec forecasts fall in crude demand on global imbalance | Financial Times:Opec expects demand for the cartel’s crude in 2019 at almost 1m barrels a day less than last year as supply is expected to outweigh demand, something that has forced global producers to enact output curbs.In its monthly oil market report, Opec said production from outside of the cartel is forecast to grow by a robust 2.1m b/d this year — a small downward revision — to average almost 64.2m b/d.US production at record levels...
Tags: Travel, US, Opec, Financial Times, US China, Rupert Neil Bumfrey


Diplomat warns that tech industry has become a pawn as politicos fight dirty

They see AI, cybersecurity as 'battle fronts' - and rising populism will make it worse - former UN official Oracle OpenWorld Technology and cyber security will be the "battle fronts" of global competition, and artificial intelligence will become crucial to the US-China trade war, a former UN official has said.…
Tags: Software, Un, US China, Oracle OpenWorld Technology


EVs and online marketplaces thrive despite slump in Chinese car sales

China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet penetration — used car sales. New passenger car sales fell to 23.7 million last year, representing a 4.1 year-over-year drop according to a new report by China’s Association of Automobile Manufacturers, the country’s top auto association. That marks the very first annual decline in the world’s biggest car market sinc...
Tags: Travel, Asia, China, US, Tesla, Car, Beijing, Automotive, United States, Alibaba, Transport, Tencent, Jaguar Land Rover, Car Sales, Shenzhen, Internet Penetration


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. 1. Huawei's CEO and founder Ren Zhengfei broke a years-long silence to deny that his company spies for the Chinese government, and to say he misses his daughter, arrested Huawei CFO Meng Wanzhou, 'very much.' Ren hasn't spoken to the international press for three years. 2. Ren Zhengfei tried to dispel the narrative that Huawei is a victim of the US-China trade war, calling President Donald Trump a great president. Ren called f...
Tags: Google, Facebook, Ipo, US, Trends, Netflix, Tencent, SEC, Airbnb, Donald Trump, Huawei, Costco, Pewdiepie, Alexa, Cto, Deliveroo


Detroit auto show, and industry, prepare for transition

Concerns over the health of the global economy and a US-China trade war loomed over the North American International Auto Show, as it prepared to open Monday with the first five days dedicated to the media and industry insiders. While a number of major announcements were expected -- including an anticipated strategic alliance between Ford and Volkswagen -- there will be fewer automakers and new car unveilings, making it more subdued. "This is a transition year for the Detroit show," said analy...
Tags: News, Ford, Volkswagen, Detroit, North American International Auto Show, US China, Michelle Krebs


Microsoft President Brad Smith says these are the 10 biggest challenges facing tech in 2019 (MSFT)

Microsoft President Brad Smith penned a blog post on LinkedIn about the 10 biggest issues tech is sure to tackle in 2019.  Artificial intelligence, he mentioned, will play a powerful role in how the economy functions, whether it leads to job growth or decline, and how tech companies work with law enforcement to implement facial recognition.  And with no mention of President Donald Trump, Smith echoed concerns made by other tech giants over the trade relationship between China and America.  Th...
Tags: Europe, Microsoft, California, China, Virginia, America, Trends, Linkedin, European Union, Netflix, Smith, Huawei, Pacific, Mark Warner, Brad Smith, US China


Nvidia is a stand out in the semiconductor space amid uncertain US-China trade talks, analyst says (NVDA)

The US and China have agreed to go ahead with further trade talks, but the ongoing US government shutdown could derail trade negotiations, a report said. The outcome of the trade talks is especially relevant for the semiconductor industry that relies heavily on manufacturing steps in multiple geographic regions, according to William Stein at SunTrust Robinson Humphrey. Among the semis industry, Nvidia stands out as a structural grower, according to Stein.  Watch Nvidia trade live. Nvidia is ...
Tags: Washington, China, US, Trends, Beijing, Nvidia, Amd, Donald Trump, Gpu, Wall Street Journal, Blackrock, Robinson Humphrey, Stein, US China, SunTrust Robinson Humphrey, NVDA


GM sees higher 2019 profits on job cuts, solid US, China sales

General Motors projected strong 2019 profits Friday, fueled by savings from a deep restructuring including job cuts, and by solid sales in the United States and China. GM, which has faced criticism from President Donald Trump and other US politicians over the planned layoffs, expects $2-2.5 billion in additional profits this year due to the restructuring, pushing its earnings-per-share forecast well above analyst expectations. GM also said it expects 2018 earnings per share to exceed analyst e...
Tags: News, US, General Motors, United States, Gm, Donald Trump, US China, China GM


Global stocks rise on Fed restraint, US-China trade hopes

SINGAPORE (AP) — Global markets were mostly higher on Friday as investors cheered the Federal Reserve's more restrained stance and opt to view this week's U.S.-China trade talks in a positive light.KEEPING SCORE: In Europe, Germany's... [Author: [email protected]]
Tags: Business, China, Singapore, Global, Ap, Federal Reserve, Fed, US China, Europe Germany


Global stocks mixed on Fed restraint, US-China trade hopes

SINGAPORE (AP) — Global markets were mixed Friday as investors cheered the Federal Reserve's more restrained stance and opted to view this week's U.S.-China trade talks in a positive light.KEEPING SCORE: In Europe, Germany's DAX... [Author: [email protected]]
Tags: Business, China, Singapore, Global, Ap, Federal Reserve, Fed, US China, Europe Germany


Asian stocks rise on Fed restraint, US-China trade hopes

SINGAPORE (AP) — Asian markets were mostly higher on Friday as investors cheered a more restrained Federal Reserve and U.S.-China trade talks.KEEPING SCORE: Japan's Nikkei 225 index advanced 1 percent to 20,359.70 and South Korea's... [Author: [email protected]]
Tags: South Korea, Business, Japan, China, Singapore, Ap, Federal Reserve, Fed, US China


NZ dollar headed for weekly gain on improved global outlook

The New Zealand dollar is headed for a 1.5 per cent weekly gain after soothing comments from the Federal Reserve and signs of progress in US-China trade talks reduced fears of sharply slowing global growth.The kiwi was trading at... [Author: [email protected]]
Tags: Business, New Zealand, Federal Reserve, Nz, US China


Elon Musk may be trying to cut a deal with China that could give it a huge advantage, according to a Tesla analyst (TSLA)

Morgan Stanley analyst Adam Jonas thinks Tesla CEO Elon Musk might be taking matters into his own hands to dodge the immediate effects of a Trump trade war. Musk could be looking to cut a deal with China on imported Tesla vehicles while the carmaker is building a new factory in Shanghai. If there's one thing that the Age of Trump seems to have taught everybody in politics and business, it's that transactionalism is in. If longstanding rules are being reworked, ignored, or outright broken ever...
Tags: Facebook, Elon Musk, China, US, Trends, Tesla, Shanghai, TSLA, Li Keqiang, Morgan Stanley, Jonas, Musk, Trump, Adam Jonas, US China, Shanghai Gigafactory


Stocks slip as US-China trade talks end; Macy’s nosedives

NEW YORK (AP) — A rally in global stock markets faded Thursday after U.S. and Chinese officials wrapped up three days of trade talks in Beijing without any significant breakthrough. Retailers sank after Macy’s and Kohl’s said sales over the holidays were worse than expected, and airlines slumped after American gave a disappointing revenue forecast. […]
Tags: Business, New York, News, Ap, Beijing, Nation, Macy, Kohl, US China


The Latest: US, China leave future of trade talks unclear

BEIJING (AP) — The Latest on trade tensions between China and the U.S. (all times local):2:30 p.m.The United States says talks on ending a bruising trade war focused on Chinese promises to buy more American goods but gave no indication... [Author: [email protected]]
Tags: Business, China, Beijing, United States, US China


World stocks slip as US-China talks end with no quick fixes

SINGAPORE (AP) — World markets retreated on Thursday after U.S. and Chinese officials wrapped up three days of trade talks in Beijing without significant breakthroughs.KEEPING SCORE: In Europe, Germany's DAX dipped 0.6 percent to... [Author: [email protected]]
Tags: Business, Singapore, Ap, Beijing, US China, Europe Germany


Stock market rally fades as US-China trade talks wrap up

LONDON (AP) — The rally in global stock markets faded Thursday after U.S. and Chinese officials wrapped up three days of trade talks in Beijing without any significant breakthrough.KEEPING SCORE: In Europe, Germany's DAX dipped... [Author: [email protected]]
Tags: Business, London, Ap, Beijing, US China, Europe Germany


Asian markets settle after rallying on US-China trade hopes

SINGAPORE (AP) — Asian markets were mixed Thursday after U.S. and Chinese officials wrapped up three days of trade talks in Beijing without significant breakthroughs.KEEPING SCORE: Japan's Nikkei 225 index, which closed up 1.1 percent... [Author: [email protected]]
Tags: Business, Japan, Singapore, Ap, Beijing, US China


NZ shares fall; Ryman Healthcare drops

New Zealand shares fell as investors took a breather after a round of US-China trade talks wound up. Ryman Healthcare gave back some recent games and Summerset dipped.The S&P/NZX 50 index fell 28.06 points, or 0.3 per cent, to 8,919.16.... [Author: [email protected]]
Tags: Business, New Zealand, Nz, US China, Ryman Healthcare, Summerset


US, China leave next steps for trade talks unclear

BEIJING (AP) — The United States says talks in Beijing on ending a bruising trade war focused on Chinese promises to buy more American goods. But it gave no indication of progress on resolving disputes over Beijing's technology ambitions... [Author: [email protected]]
Tags: Business, Ap, Beijing, United States, US China