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Former Fed Chair Paul Volcker takes Trump to task on taxes, trade

February 12, 2019 by · Leave a Comment 

“We have not been on a constructive track,â€� Volcker told Bridgewater co-chief investment officer Ray Dalio, in a podcast video released on Tuesday. “I think that’s fair to…

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Former Fed Chair Paul Volcker takes Trump to task on taxes, trade

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The Global Iron Ore Crisis: What's Next in Four Charts

February 12, 2019 by · Leave a Comment 

Since the initial incident in Brazil in late January, the top producer has announced supply cuts of as much as 70 million tons, although it’s said it will try to offset some lost production. The mainland has a very substantial ore-mining industry, but production has been hurt in recent years

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The Global Iron Ore Crisis: What's Next in Four Charts

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Controversial Dakota pipeline to go ahead after Army approval

February 8, 2017 by · Leave a Comment 

By Valerie Volcovici and Ernest Scheyder WASHINGTON/HOUSTON (Reuters) – The U.S. Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate activists. In a court filing on Tuesday, the Army said that it would allow the final section of the line to tunnel under North Dakota's Lake Oahe, part of the Missouri River system. Energy Transfer …

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Controversial Dakota pipeline to go ahead after Army approval

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U.S. business leaders express concerns to Trump about travel ban

February 4, 2017 by · Leave a Comment 

By Emily Stephenson and David Shepardson WASHINGTON (Reuters) – Chief executives of major U.S. companies huddled with President Donald Trump at the White House on Friday and some of them expressed concern about a travel ban on people from seven Muslim-majority countries traveling to

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U.S. business leaders express concerns to Trump about travel ban

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Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

February 2, 2017 by · Leave a Comment 

By Tomo Uetake and Nobuhiro Kubo TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, two sources familiar with the plan told Reuters, as he prepares to meet President Donald Trump, who has complained about Japan's trade surplus. Japan is putting together a package of plans for Japanese companies to invest in infrastructure and job…

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Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

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Fed likely to keep rates steady as it awaits Trump economic plan

February 1, 2017 by · Leave a Comment 

By Lindsay Dunsmuir WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies. Trump has promised a large infrastructure spending program, tax cuts, a rollback of regulations and a renegotiation of trade deals but has offered few details or a timeline for their roll out…

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Fed likely to keep rates steady as it awaits Trump economic plan

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Back to zero: Companies use 1970s budget tool to cut costs as they hunt for growth

January 30, 2017 by · Leave a Comment 

By Tim McLaughlin BOSTON (Reuters) – The number of U.S. companies using a budgeting tool made famous in the 1970s by former U.S. President Jimmy Carter is surging as they turn their spending habits upside down to boost profits and to re-invest in their businesses. The upswing in zero-based budgeting (ZBB) signals that a broader cross-…

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Back to zero: Companies use 1970s budget tool to cut costs as they hunt for growth

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Trump travel ban stirs faint corporate outcry beyond Silicon Valley

January 30, 2017 by · Leave a Comment 

NEW YORK/BOSTON (Reuters) – Most U.S. corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the…

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Trump travel ban stirs faint corporate outcry beyond Silicon Valley

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Chinese court sentences former Sinopec president to 15 and half years in prison

January 24, 2017 by · Leave a Comment 

BEIJING (Reuters) – A Chinese court has jailed Wang Tianpu, the former president of Sinopec Group, for 15 and a half years for graft, state television said on Tuesday citing a court verdict. Sinopec Group is the parent of oil major Sinopec Corp . (Reporting by

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Chinese court sentences former Sinopec president to 15 and half years in prison

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Trump’s tech transition: Will the president’s new phone change his Twitter game?

January 22, 2017 by · Leave a Comment 

US President Donald Trump has officially traded in his personal smartphone for one with limited features, which could impact the way he interacts with social media.

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Trump’s tech transition: Will the president’s new phone change his Twitter game?

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