Trump says NAFTA talks going ‘nicely,’ Canada sees progress on auto rules

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday a new North American Free Trade Agreement could be agreed on quickly, as Canada hailed progress on forging new rules for the auto industry,...

Asian shares rattled by rising U.S. yields, cost worries

TOKYO (Reuters) - Asian shares fell on Wednesday as a rise in U.S. bond yields above 3 percent and warnings from bellwether U.S. companies of higher costs drove fears that a boom in corporate...

Volkswagen boosts Chinese partners with $18 billion technology push

Volkswagen (VW) has trumpeted a bright start to 2018 and outlined massive spending plans for electric vehicle and autonomous driving ventures in China, ahead of the Beijing auto show due to open on Wednesday. unveiled...

Problems piling up for Apple as demand for iPhone X declines

Shares in Austrian-based producer AMS, whose sensor technology helps power Apple's iPhone X facial-recognition feature, plunged 14 percent as analysts warn about weakening demand. The reason for the sell-off of AMS shares is lower iPhone...

US-China trade spat: Trump says ‘good chance’ of deal

China and the United States have a good chance of ending their ongoing trade spat, US President Donald Trump believes. “We have a very good chance of making a deal,” Trump said ahead of a press...

Russia ready to build another pipeline & provide Europe with as much gas as...

Gazprom, Russia’s leading natural gas producer, says it's ready to supply as much blue fuel as Europe wants. The company is ready to build the Nord Stream 3 pipeline, if necessary. "We have proven reserves,...

Demand for Russian wheat drives export prices to three-year high

Average prices for wheat produced by Russian farmers have increased to $215 per ton, according to Moscow-based agricultural markets research firm SovEcon. The figure marks the highest level since the 2014-2015 agricultural season. According to...

Oil Prices Tumble After Brent Breaks $75

By Tom Kool - Natural gas production in Pennsylvania topped 15 billion cubic feet per day (Bcf/d) in 2017, a 3 percent increase from the year before. - The Marcellus and Utica shales are driving rapid growth, and the...

Goldman: Oil Demand Will Continue To Soar

By Irina Slav Oil demand is growing, and production is falling. This is the message we have been receiving for a few weeks now with increasingly frequency, especially after OPEC’s leader Saudi Arabia admitted it would...

Higher Prices Set To Send U.S. Oil Stocks Soaring

By Nick Cunningham The oil industry is set to see cash flow and profits balloon this year as oil prices rise. The U.S. shale industry is widely expected to become cash flow positive for the first time....

A New Lithium War Is About To Begin

By James Stafford It’s the modern gold rush. Around the world, the most sought-after mineral isn’t a precious metal, nor is it oil and gas…it’s lithium. Lithium, or “white petroleum” as some call it, has become a crucial element...

Is This The Most Bullish Oil Market Of All Time?

By Tsvetana Paraskova Money managers are overwhelmingly betting that oil prices will continue to rise in the short term as geopolitical wild cards trump concerns that U.S. shale and other non-OPEC supply growth could offset part...

Surprise Build In Crude Oil Stocks Rattles Market

By Julianne Geiger The American Petroleum Institute (API) reported a surprise build of 1.099 million barrels of United States crude oil inventories for the week ending April 20, contrary to analyst expectations that this week would...

Turkey’s sectoral confidence goes down in April

Confidence in Turkey’s services, retail trade and construction sectors dropped in April compared with the previous month, official data showed on April 24. The services sector index fell 2 percent to 97.1 in the month,...

BMC wins contract for Turkey’s indigenous battle tank: Defense sources

BMC, a Turkish-Qatari armored vehicles manufacturer, has won a key contract on the road to developing and producing the country’s main battle tank, dubbed “Altay,” defense sources told state-run Anadolu Agency on April 24. It...

British holidaymakers returning to Turkey: Thomas Cook

British holidaymakers are returning to Turkey and package holiday bookings to Turkey are currently up 84 percent year-on-year, a global travel company said on April 23. “Package holiday bookings to Turkey are currently up 84...

Japan’s greenhouse gas emissions decline 1.2 %

TOKYO The Environment Ministry said Tuesday Japan's greenhouse gas emissions during fiscal 2016 fell 1.2 percent from the previous year to 1.307 billion tons, dropping for the third consecutive year. The ministry attributed the reduction to...

Russia still China’s top oil supplier

Source:Reuters Russia was China's largest crude oil supplier in March, data showed on Tuesday, retaining the lead spot for a 13th consecutive month. Last month, Russia supplied 5.79 million tons, equal to 1.36 million barrels per...

China fast-tracks nuclear energy industry

By Li Xuanmin Source:Global Times China is fast-tracking the development of third-generation nuclear power plants both in terms of domestic design as well as nuclear projects under construction, a situation that experts said reflects the...

China, EU embrace open economies to fight against impact of protectionism

By Hu Weijia Source:Global Times Why do Chinese investors prefer Europe to North America? In 2017, Chinese investment in North America fell 35 percent to $30 billion, while investment in Europe rose 76 percent to...