Tuesday, 14 May 2019

Reuters Before the Bell: China says U.S. has agreed to keep talking over trade war

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Tuesday, May 14, 2019
China says U.S. has agreed to keep talking over trade war
China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful.
Trump defends China trade negotiations, vows deal will happen
U.S. President Donald Trump on Tuesday defended his trade war with China as tensions escalated and markets extended their losses, promising a deal with Chinese President Xi Jinping soon, even as fears escalated about a protracted battle.
Factbox: Tariff wars - duties imposed by Trump and U.S. trading partners
China on Monday raised tariffs on $60 billion of U.S. goods in retaliation for President Donald Trump's decision to increase tariffs on $200 billion worth of Chinese imports last week, escalating the trade war between the world's two largest economies.
China says it hopes U.S. does not underestimate its determination
China's foreign ministry said on Tuesday that it hopes the United States does not underestimate its determination to protect its interests, even as Washington threatened to extend tariffs to virtually all Chinese imports.
U.S. LNG companies Cheniere and Tellurian see U.S.-China trade spat as short term
Executives from U.S. liquefied natural gas (LNG) companies Cheniere Energy and Tellurian on Tuesday said they view the trade dispute between China and the United States as temporary, with no major impact on their ability to sell LNG.
India's Jet Airways loses CEO, a day after CFO quits
Indian carrier Jet Airways said on Tuesday its Chief Executive Officer Vinay Dube had resigned with immediate effect.
Nissan set for weakest profit in 11 years as Ghosn woes, bleak sales weigh
Nissan Motor Co forecast a 28% plunge in its annual operating profit, putting it on course for the weakest earnings in 11 years and underscoring its struggle to turn the page after former Chairman Carlos Ghosn was ousted.
Saudi Aramco bets on oil supply to Europe, trading expansion
Saudi Aramco aims to boost its oil supply to Europe by 300,000 barrels per day (bpd) within the next two years as it expands its trading operations there with an office opening this summer in London, a senior company executive said.
Iran insists on ramping up oil sales to stay in nuclear pact: sources
Iran insists on exporting at least 1.5 million barrels per day (bpd) of oil, triple May's expected levels under U.S. sanctions, as a condition for staying in an international nuclear deal, sources with knowledge of Iran-EU talks said.
WhatsApp urges users to upgrade app after security breach
Facebook's WhatsApp urged users to upgrade to the latest version of its popular messaging app after reporting that users might be vulnerable to having malicious spyware installed on phones without their knowledge.
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