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US Senate votes to reimpose ban on China's ZTE, shares plunge

AFP Washington The US Senate defied President Donald Trump on Monday by voting to overrule his administration's deal with Chinese telecom firm ZTE and reimpose a ban on hi-tech chip sales to the company. Senators added an ..

LONDON: Panama has imported its first liquefied natural gas (LNG) cargo to commission the newly built $1 billion Costa Norte facility and power plant at Colon, expected to be a launch-pad for LNG trade across Central America. Many ..

SAN FRANCISCO: Facebook Inc launched a matchmaking system on Tuesday to cultivate partnerships between advertisers and video creators as the world's largest social media company tries to quickly parallel the variety of ..

Reuters NEW YORK Oil fell on Tuesday ahead of a possible increase in OPEC crude supply, and as an escalating trade dispute between the United States and China unleashed sharp selloffs in many global markets. Brent crude futures eased ..

Reuters LONDON A 200-basis-point increase in interest rates could cause a sharp rise in emerging-market corporate debt at risk of default, with Brazilian and Indian companies most vulnerable, a report from McKinsey Global ..

Reuters BRUSSELS European Union countries will commit to drive reform of the World Trade Organization to ensure trade is both free and fair, assuming their leaders adopt draft conclusions prepared ahead of next week's EU ..

Reuters SINTRA, Portugal Labour market reforms may have increased inequality in Germany, a paper presented at a showcase European Central Bank conference concluded on Tuesday, challenging a key tenet of monetary policy in the ..

Reuters PARIS Airbus is in talks to rescue a plane sale to China thrown into doubt earlier this year shortly after a perceived gaffe by two European envoys over China's sensitive historical relationship with Japan, people ..

AFP Caracas Elizabeth Torres is outraged, but as a Venezuelan she takes the affront in her stride."We are a country of millionaires,"she says ironically, eyeing a carton of eggs in the market. Price? Three million bolivars. "You are ..

Reuters LONDON The Bank of England will be looking to see if Britain's economy has recovered from a severe winter chill as it weighs the prospects for a future interest rate rise this week. No economists polled by Reuters expect ..

Reuters NEW YORK Global stock markets tumbled with U.S. bond yields and agricultural commodities on Tuesday, while the dollar rose and investors flocked to safety in the face of a rapidly escalating U.S.-China trade conflict. ..

Reuters MUNICH Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions ..