Reuters: Business News

Reuters News
  1. Trump-Xi meeting unlikely to resolve trade differences, could lead to more talks: media
    Upcoming trade talks between the leaders of China and the United States are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chinese state media said on Thursday.
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  2. Data 'R' Us: Alibaba, JD.com seek to lock in merchant loyalty with new services
    In China, the sales maxim of 'know your customer' is being taken to new lengths.
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  3. China's premier tells foreign CEOs China will commit to reform, opening up
    China will maintain its long-standing commitment to reform and opening up, Premier Li Keqiang told a group of visiting foreign chief executives on Thursday, adding that restrictions on access will be relaxed in more areas of the economy.
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  4. Stocks rally, bond yields plunge as Fed fuels rate cut hopes
    A gauge of global stock markets rose on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year.
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  5. Delta Air not expecting flight cancellations as result of tech issue
    Delta Air Lines Inc said it was not expecting flight cancellations as a result of a technical glitch that had affected booking, check-in and boarding services.
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  6. Fed sees case building for interest rate cuts this year
    The U.S. Federal Reserve on Wednesday signaled interest rate cuts beginning as early as July, saying it is ready to battle growing global and domestic economic risks as it took stock of rising trade tensions and growing concerns about weak...
  7. Trump believes he has authority to demote Fed's Powell: Bloomberg
    U.S. President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with...
  8. Exclusive: T-Mobile prepares for Boost auction if Dish Network talks stall - sources
    T-Mobile US Inc is preparing an alternative plan if a deal to sell wireless assets to Dish Network Corp falls through, according to two sources familiar with the matter.
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  9. Facebook called before Senate panel over digital currency project
    Facebook Inc's plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.
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  10. Senior U.S.-China trade negotiators to confer before Trump-Xi G20 meeting
    Aiming to jumpstart dormant talks, the top U.S. trade negotiator said on Wednesday he will confer with his Chinese counterpart before next week's meeting between President Donald Trump and Chinese President Xi Jinping in Japan as the two countries take...

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