The US Treasury Secretary said he was optimistic that an agreement with China could prevent the implementation of President Donald Trump's decision to impose duties on imports of Chinese goods.
On the other hand, the political crisis between Russia and Western countries deteriorated further after Moscow announced the expulsion of dozens of Western diplomats in response to similar decisions made by the United States and its allies against the background of the poisoning of the spy.
Ober sells its business in Southeast Asia
Ober has agreed to sell all its operations in Southeast Asia to Grap as part of a bid to end fierce competition in the region.
China launches its first oil contracts in yuan
China has officially issued its first oil futures contract denominated in its local currency, the yuan, in a long-awaited move, challenging the dollar's oil.
Washington is in talks with China to avoid a trade war
The US Treasury Secretary said he was optimistic the United States could reach an agreement with China to avoid a potential trade war between the world's biggest economists.
14 European countries plan to expel Russian diplomats
The president of the European Council said half of the 28 member states of the European Union, including Germany and France, had decided to expel Russian diplomats in an escalating move to respond to the bloc's attack on nerve gas in the United Kingdom.
Twitter joins the list of e-currency advertising bans
Twitter has decided to ban advertisements for initial e-currency offers and global sales through its social networking platform, joining Facebook and Google.
China: North Korean leader agrees to nuclear disarmament
BEIJING (Reuters) - North Korea has agreed to denuclearize the Korean Peninsula, amid a pledge from the Chinese president to back up the partnership with the isolated state, China has revealed.
Moody's: 1716 global companies defaulted on debt since 1998
Despite the fact that most of the 20-year defaults in developed economies are close to their rates in emerging markets, Moody's said.
US economic growth exceeds expectations in the fourth quarter
The US economy grew above initial estimates and analysts' expectations in the fourth quarter of last year, supporting consumer spending and corporate investment.
"Facebook" announces new security measures to protect the privacy of users
Facebook has unveiled a set of measures designed to make it easier for users to change their privacy settings and delete the data they have already shared through the application.
US oil production hits new record high
US oil production rose by 26,000 barrels per day last week, setting a new record in a move that puts more pressure on crude prices.
Trump attacks Amazon again: "Do not pay taxes and harm the economy"
US President Donald Trump spoke of his position on Amazon after reports that he intends to change the tax treatment of the largest US retailer.
The number of oil drilling platforms declined for the first time in 3 weeks
The number of oil drilling platforms in the United States fell for the first time in 3 weeks, while the number of natural gas platforms rose.
Russia expels 60 US diplomats and closes the consulate in "St. Petersburg"
The Russian government revealed the expulsion of 60 US diplomats and the closure of the consulate in St. Petersburg, in a new development of the crisis between Moscow and Western countries.
Gold makes its third consecutive quarterly gain
The price of gold fell on Thursday's trading session, hitting weekly losses as global trade and geopolitical concerns eased, but gained for the third consecutive quarter.
US stocks record sharp losses in March, Dow Jones loses 3.7%
US stocks managed to gain strong gains this week, but failed to escape a sharp fall in March.
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