U.S. President Donald Trump on Friday said he had not promised Chinese President Xi Jinping a reprieve from escalating tariffs in a trade war that is casting a shadow on global growth, but felt their talks planned for the next day would be productive.
U.S. President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan on Saturday that could salvage faltering trade talks or plunge the world's two largest economies into a deeper, costlier trade war.
Oil prices fell on Friday but posted their second straight week of gains ahead of trade talks between the U.S. and Chinese presidents this weekend, and on widely expected production cuts from OPEC on Monday.
Wall Street advanced on Friday, with the S&P 500 and the Dow on track for their best June in generations, ahead of the much-anticipated trade talks between U.S. President Donald Trump and his Chinese counterpart Xi Jinping at the G20 summit now underway in Japan.
U.S. President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group of 20 (G20) summit in Japan to try to resurrect a deal to end a costly trade war.
An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders.
French telecom giant Orange said it had sold its remaining 2.5% stake in BT , raising net proceeds of 486 million pounds ($616 million) as the former state monopoly faces a battle for market share in France. .
Coindesk | Nikhilesh De | June 28, 2019 Canada-based social media company Kik is relinquishing control of its legal defense crowdfunding campaign to the Blockchain Association in an effort to broaden the initiative’s reach. Kik and the Blockchain Association announced Friday that the D.C.-based lobbyist group would be taking over “Defend Crypto,” the crowdfunding initiative
Technology stocks are Wall Street's top performers as 2019 hits half-way, with investors betting on lower interest rates, although Apple and chipmakers face turbulence related to the U.S.-China trade war.
A gauge of global stocks advanced on Friday ahead of a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, as global equities were poised to close out their best first half since 1997.
President Donald Trump and Chinese President Xi Jinping will seek to revive talks to end a trade war when they meet on Saturday on the sidelines of a Group of 20 summit in Japan.
The best-case scenario for talks on Saturday between U.S. President Donald Trump and Chinese President Xi Jinping is a resumption of trade negotiations, a top adviser to Vice President Mike Pence said on Friday.
U.S. stocks rose on Friday, as big banks gained after clearing the Federal Reserve's stress test, while investors kept a watch on the G20 summit where a meeting between Presidents Donald Trump and Xi Jinping could lay the groundwork to resolve their trade dispute.
Oil prices held near $67 per barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents over the weekend and on production cuts from OPEC on Monday.
A lawyer for former pharmaceutical executive Martin Shkreli on Friday urged a federal appeals court to overturn Shkreli's criminal conviction for defrauding investors in hedge funds he founded.