Monday, 7 October 2019

Daily Investor Update: U.S.-China deputy-level trade talks get underway in tense atmosphere

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U.S.-China deputy-level trade talks get underway in tense atmosphere

U.S. and Chinese deputy trade negotiators launched a new round of talks on Monday aimed at resolving the two nations' 15-month trade war, with neither side showing any signs of giving ground.

Trump economic adviser says delisting Chinese firms 'not on the table'

U.S. President Donald Trump's chief economic adviser on Monday said the administration had begun studying U.S. investor protections in China, but that delisting Chinese companies traded on U.S. exchanges "is not on the table."

Kroger to stop sales of e-cigarettes at stores

Kroger Co said on Monday it would stop selling e-cigarettes at its stores and fuel centers, making it the latest U.S. supermarket chain to take the step amid growing regulatory scrutiny of the product.

Wildfire victims in PG&E bankruptcy see $13.5 billion in claims

A lawyer for the committee representing wildfire victims in the bankruptcy of PG&E Corp said at a hearing on Monday that the committee sees $13.5 billion as the cost to the power provider for paying claims of the victims.

Wall Street falls amid nervousness ahead of trade talks

U.S. stocks were down slightly in late afternoon trading on Monday as reports on the trade front kept investors cautious ahead of scheduled talks later in the week.

Oil prices drop as hopes fade for comprehensive U.S.-China trade deal

Oil prices settled lower on Monday, paring earlier gains as hopes of a comprehensive U.S.-China trade deal faded and a new poll showed analysts expected U.S. oil crude inventories to have risen last week.

Nissan board set for tense meeting as alleged split over future leadership emerges

The board of Nissan Motor Co will meet on Tuesday as a split has emerged over the scandal-hit automaker's next CEO, putting the head of the nominations committee at odds with an influential executive, people familiar with the matter said.

Delta swings from market weakness to strength in Latin America

A surprise $1.9 billion investment by Delta Air Lines in LATAM Airlines Group is likely to fire up competition in South America as the weakest U.S. carrier in the region joins up with the strongest homegrown player.

Oil rises with eyes on Iraq; stocks, dollar drift higher

Oil prices jumped on Monday as supply issues took center stage following a week of sharp losses, while stocks and the dollar drifted higher with eyes on the upcoming Sino-U.S. trade talks.

Airbus says booked 303 gross orders between January-September

Airbus said in a statement on Monday it had booked 303 gross and 127 net orders between January and September of this year.

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