By Patricia Vilas Boas Brazil’s President Luiz Inacio Lula da Silva said on Saturday that Vietnam may buy as many as 50 planes from Embraer, the Brazilian planemaker, and that another Brazilian company may invest $100 million in a meat-processing plant in the Asian country, as he prepared to conclude his state visit to Hanoi, …
Brazil’s Lula touts possible deals with Vietnam as he wraps state visit Read More »
TOKYO (Reuters) – Japan’s fast-food chain Sukiya will shut nearly all of its roughly 2,000 stores nationwide for four days from Monday following recent incidents of customers finding a rodent in a bowl of miso soup and a bug in another meal, it said on its website on Saturday. Sukiya, the country’s biggest beef bowl …
By Lewis Jackson and Jenny Su BEIJING (Reuters) -Chinese state media attacked Hong Kong conglomerate CK Hutchison’s plan to sell its ports near the Panama Canal to a BlackRock-led group in a social media post on Saturday that was taken down minutes later. The social media account linked to state broadcaster CCTV said China had …
China state media blasts CK Hutchison’s Panama port deal in soon-deleted post Read More »
SEOUL (Reuters) – The industry ministers of South Korea and China met on Saturday to discuss the evolving global trade environment and agreed to cooperate bilaterally as well as on multinational trade forums, the South’s industry ministry said. China’s Commerce Minister Wang Wentao is visiting Seoul for a three-way ministerial meeting on Sunday with South …
By Clare Jim, Rishav Chatterjee and Davide Barbuscia (Reuters) – Hong Kong’s CK Hutchison will not sign a deal next week to sell its two port operations near the Panama Canal to a BlackRock-led group, two people with direct knowledge of the matter said, as pressure mounted from Beijing. China’s market regulator said it will …
CK Hutchison will not sign deal to sell strategic Panama ports next week, sources say Read More »
WASHINGTON (Reuters) – The U.S. State Department said on Friday it was “not surprised” that China would be upset by Hong Kong conglomerate CK Hutchison’s (0001.HK) deal to sell its two port operations near the Panama Canal to a BlackRock-led group, after China’s market regulator said it would conduct an antitrust review of the deal. …
US says it is ‘not surprised’ that China would be upset at Panama ports deal Read More »
By Karen Brettell NEW YORK (Reuters) -The dollar weakened on Friday on growth concerns ahead of a planned announcement next week by U.S. President Donald Trump on reciprocal tariffs, with the Japanese yen benefiting from safe haven flows as stocks tumbled and Treasury yields fell. Traders have had bouts of optimism that the trade levies …
Dollar slips on growth fears before next tariff announcement Read More »
By Alessandro Parodi and Johan BODINIER (Reuters) -Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises. The stock was down around 1% at 1451 GMT after dropping as much as 6% at …
Ubisoft shares drop, erase early gains on talk hedge funds shorting stock Read More »
By Polina Devitt LONDON (Reuters) – Tin prices hit two-week highs in London on Friday as speculators bet that an earthquake that rocked major producer Myanmar could delay a restart of production in its main mining region. Benchmark tin on the London Metal Exchange rose 2.5% to $36,140 per metric ton by 1508 GMT after …
By Nidhi Verma and Manoj Kumar NEW DELHI (Reuters) -India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said. The United States is India’s second biggest …
Exclusive-India weighs scrapping import tax on US LNG, boost purchases, sources say Read More »
