Archive of 27 August 2019

Stocks climb on trade talk vibes

LONDON: Global stock markets mostly rose Tuesday on hopes a trade war will be avoided following the G7 summit in Biarritz, but China's yuan currency...

Wall Street erases early gains as trade cheer fades

NEW YORK: The wind fell out of Wall Street's sails in midday trading Tuesday as fading optimism about US-China trade talks erased early gains in...

Trump says ‘no bedbugs’ at resort he offered for next G7 summit

WASHINGTON: President Donald Trump lashed out Tuesday at "false and nasty" rumors that the Trump golf resort he offered for the next G7 summit is...

Pound gains as UK opposition parties agree front to stop no-deal Brexit

LONDON: The British pound rose on Tuesday as opposition parties vowed to try and pass a law to prevent a no-deal Brexit at the end...

Cocoa steadies, extends technical move out of oversold territory

LONDON: Cocoa prices steadied on Tuesday as the market extended a technical correction, having moved into oversold territory to hit five month-lows earlier this month,...

Pakistan considering closing air space to India

ISLAMABAD: Pakistan's Prime Minister Imran Khan is considering a complete closure of air space to India and blocking Indian land trade to Afghanistan via Pakistan,...

Philip Morris in merger talks with Altria; e-cigs a focus

Philip Morris International Inc and Altria Group Inc are discussing an all-stock merger, potentially reuniting two of the world's largest tobacco companies after more than...

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