Friday, 15 February 2019

Reuters Before the Bell: Xi says trade talks progress, more meetings next week in U.S

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Friday, February 15, 2019
Xi says trade talks progress, more meetings next week in U.S
Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war.
China says reached consensus on some key issues during U.S. trade talks
China and the United States reached a consensus in principle on some key issues during trade talks in Beijing, state news agency Xinhua reported on Friday.
U.S., Chinese officials to meet next week in Washington on trade: White House
Officials from the United States and China will meet next week in Washington to continue working on a trade deal after having made progress in talks in Beijing this week, White House Press Secretary Sarah Sanders said in a statement on Friday.
Seizing on Huawei's troubles, Samsung bets big on network gear
Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalize on the security fears hobbling China's Huawei, according to company officials and other industry executives.
European shares climb after progress in U.S.-Sino trade talks
European shares rose on Friday amid encouraging signs from U.S.-China trade talks, after weak data from both countries sent world stocks into a dive.
Exclusive: Trafigura halts oil trade with Venezuela - source
Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U.S. sanctions on the OPEC nation's energy sector, a source with direct knowledge of the matter said.
China's President Xi meets top U.S. trade delegation officials
Chinese President Xi Jinping met U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Friday, following high-level negotiations aimed at striking a trade deal ahead of a March 1 deadline.
China's Xi: trade talks with U.S. to continue in Washington next week
Chinese President Xi Jinping said on Friday trade talks with the United States will continue in Washington next week and that he hopes the two sides will be able to reach a mutually beneficial deal in the upcoming negotiations, state media reported.
Risk of U.S. corporate recession rises as earnings outlook dims
The outlook for Wall Street earnings has deteriorated significantly in recent months, data shows, raising the risk that companies in the United States may slip into recession before its economy does - with Europe close behind.
Lyft to woo investors with fast U.S. growth in IPO race with Uber
Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.
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