U.S., Chinese negotiators resume trade talks on Tuesday: official

U.S., Chinese negotiators resume trade talks on Tuesday: official
FILE PHOTO: Members of the U.S. trade delegation Robert Lighthizer and Steven Mnuchin arrive at a hotel in Beijing, China March 28, 2019. REUTERS/Jason Lee (Reuters) – U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and Minister Zhong Shan on Tuesday to continue negotiations to resolve outstanding trade issues, a U.S.... Read More

Jury finds Platinum Partners founder guilty in fraud trial

Jury finds Platinum Partners founder guilty in fraud trial
FILE PHOTO: Mark Nordlicht, Platinum Partners founding partner and chief investment officer, exits after a hearing at U.S. Federal Court in Brooklyn, New York, U.S., January 12, 2017. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum... Read More

Oil rises on supply cuts, Mideast tensions; trade worries cap gains

Oil rises on supply cuts, Mideast tensions; trade worries cap gains
HOUSTON (Reuters) – Oil futures rose on Tuesday as Middle East tensions and OPEC supply cuts kept global benchmark Brent crude above $64 a barrel, while gains were limited by the U.S.-China trade dispute that has dragged on the global economy and crimped oil demand. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March... Read More

Emissions rules and electric shift to spur car engines M&A

Emissions rules and electric shift to spur car engines M&A
FRANKFURT/DETROIT (Reuters) – A growing understanding in the car industry of the value of combustion engine technology able to meet new anti-pollution requirements is likely to fuel a wave of consolidation in the next two years, industry executives and bankers say. FILE PHOTO: A Volkswagen (VW) logo is seen on a car engine at a scrapyard in Fuerstenfeldbruck, Germany, May... Read More