Economy10 hours ago (Aug 12, 2020 09:40PM ET) (C) Reuters. SINGAPORE (Reuters) – China is extending an anti-dumping tariff on a fibre optic product made in India, the Ministry of Commerce said on Thursday. The punitive tariff on single-mode optical fibre takes effect from Aug. 14 and lasts for five years, with tariffs ranging between […]Read More

Economy9 hours ago (Aug 12, 2020 10:20PM ET) 2/2 (C) Reuters. FILE PHOTO: The logos of Amazon Apple Facebook and Google 2/2 By Nandita Bose WASHINGTON (Reuters) – The Trump administration has filed a motion asking a court to dismiss a lawsuit against the president’s executive order targeting social media companies, calling it a “profound […]Read More

Economy12 hours ago (Aug 12, 2020 07:10PM ET) (C) Reuters. FILE PHOTO: Property sale signs are seen outside of a group of newly built houses in west London LONDON (Reuters) – The rebound in Britain’s housing market gathered more pace in July with a measure of property prices turning positive for the first time since […]Read More

Economy14 hours ago (Aug 12, 2020 05:35PM ET) (C) Reuters. San Francisco Federal Reserve Bank chief of research Mary Daly stands near the podium before a speech at the CFA Society in San Francisco (Reuters) – The recent expiration of the U.S. government’s enhanced unemployment benefits of $600 a week could impact families and the […]Read More

Economy14 hours ago (Aug 12, 2020 04:50PM ET) (C) Reuters. By Marcelo Rochabrun SAO PAULO (Reuters) – Low-cost carrier JetSMART is fast-tracking its expansion plans to Peru and potentially Colombia and Brazil, its chief executive told Reuters, even as airlines, in Latin American in particular, are scaling down their fleets and ambitions. Chile-based JetSMART is […]Read More

Economy15 hours ago (Aug 12, 2020 04:00PM ET) (Reuters) – The enhanced unemployment benefits provided to jobless Americans helped to offset the negative demand shock caused by the virus and there is little evidence the payments deterred people from seeking new work, San Francisco Federal Reserve Bank President Mary Daly said on Wednesday. The Fed […]Read More

Economy17 hours ago (Aug 12, 2020 02:35PM ET) (C) Reuters. New Jersey Governor Murphy speaks about electronic smoking products during a news conference in Trenton, New Jersey By Jonathan Stempel (Reuters) – New Jersey’s highest court on Wednesday rejected an effort by state Republicans to block Democratic Governor Phil Murphy from borrowing as much as […]Read More

Economy18 hours ago (Aug 12, 2020 01:05PM ET) (C) Reuters. The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren speaks during the “Hyman P. Minsky Conference on the State of the U.S. and World Economies,” in New York By Jonnelle Marte and Howard Schneider (Reuters) – The U.S. economic slowdown is likely […]Read More

Economy18 hours ago (Aug 12, 2020 01:00PM ET) By Adam Jourdan and Nicolas Misculin BUENOS AIRES (Reuters) – Argentina will formally submit its amended debt restructuring offer to the U.S. securities regulator as early as Thursday, two sources said, a key step to sealing a deal after an initial agreement was reached with creditors earlier […]Read More

Economy19 hours ago (Aug 12, 2020 12:46PM ET) 5/5 (C) Reuters. Volunteers help to clean spilled oil from MV Wakashio in Riviere des Creoles 2/5 By Omar Mohammed NAIROBI (Reuters) – Mauritius’ Prime Minister Pravind Jugnauth said on Wednesday nearly all remaining oil had been removed from a damaged Japanese ship, which leaked about 1,000 […]Read More