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China accuses US of ‘bullying’ in push for tariffs over Russian oil purchases

BEIJING (Reuters) – China accused the United States of “unilateral bullying” in calling on allies to impose tariffs on China over its purchase of Russian oil, fueling tensions as Chinese and U.S officials meet in Spain to try to resolve ...
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Morning Bid: Fed week begins

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets A pivotal week for big central bank decisions started quietly for world markets, with the U.S. Federal Reserve expected to deliver its ...
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Explainer-Why South Korea cannot make the same US trade deal as Japan

By Jihoon Lee and Yena Park SEOUL (Reuters) -South Korea’s negotiations with the U.S. on a trade deal to lower tariffs have stalled amid concerns over the foreign exchange implications of a $350 billion investment fund, part of an agreement reached with President Donald Trump ...
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EchoStar expects to have $24 billion in cash after spectrum sales, debt payments

(Reuters) -EchoStar said on Monday it expects to hold $24.1 billion in total cash after using proceeds from its spectrum license sales to repay debt, bolstering its balance sheet and supporting growth in wireless, satellite and technology sectors. The satellite communications firm sold some wireless ...
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Factbox-US and Europe do billions in trade with Russia despite sanctions

(Reuters) -U.S. President Donald Trump said on Saturday that the United States was prepared to impose fresh energy sanctions on Russia, but only if all NATO nations ceased purchasing Russian oil and implemented similar measures. More than three years after Russia launched its full-scale invasion of ...
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Citgo parent auction nears final stages as sale hearing kicks off

By Marianna Parraga HOUSTON (Reuters) -A long-awaited sale hearing expected to complete a U.S. court-organized auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum is set to begin on Monday, with bidders and creditors locked in a bitter dispute over who should ...
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The Fed faces economic uncertainty and political pressure as it decides whether to cut rates

WASHINGTON (AP) — In a sign of how unusual this week’s Federal Reserve meeting is, the decision it will make on interest rates — usually the main event — is just one of the key unknowns to be resolved when officials gather Tuesday and ...
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China says Nvidia violated antimonopoly laws, according to a preliminary investigation

LONDON (AP) — Chinese regulators said Monday that a preliminary investigation found chipmaker Nvidia violated the country’s anti-monopoly laws. The State Administration for Market Regulation said in a one-sentence statement that it would carry out “further investigation” into Nvidia, the world’s leading semiconductor manufacturer. ...
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Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions

MOSCOW (Reuters) – Old-fashioned barter is on the rise in Russia’s foreign trade for the first time since the 1990s, as companies seeking to outfox Western sanctions swap wheat for Chinese cars and flax seeds for building materials. Even as Russia ...
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Swatch to hike prices in US after tariffs, CEO says

ZURICH (Reuters) -Swatch will hike its prices in the United States by between 5% and 15% after the 39% tariff President Donald Trump imposed on Switzerland last month, the Swiss watchmaker’s Chief Executive Nick Hayek said in a newspaper interview. Hayek told the NZZ am ...
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Australia’s Finance Sector Union seeks intervention in ANZ’s plan to cut 3,500 jobs

(Reuters) -Australia’s Finance Sector Union said on Monday it was filing a dispute with the Fair Work Commission, seeking urgent intervention over ANZ Group’s plans to cut 3,500 jobs, citing inadequate consultation with affected workers. The Finance Sector Union, in a strongly worded statement, called ...
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SEC to notify businesses of technical violations before taking action, FT reports

(Reuters) -The U.S. Securities and Exchange Commission Chairman Paul Atkins vowed to give businesses notice of technical violations before “bashing down their door”, marking a shift away from aggressive enforcement actions, according to a Financial Times interview published on Monday. “I think a lot ...
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