Trump 'not ready' for China trade deal, dismisses recession fears
WASHINGTON (Reuters) - U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.
U.S. President Trump does not want to do business with China's Huawei
MORRISTOWN, New Jersey (Reuters) - U.S. President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company.
Apple CEO warns Trump about China tariffs, Samsung competition
(Reuters) - President Donald Trump said on Sunday that he had spoken with Apple Inc's
Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd <005930.KS>.
Asia stocks rise as stimulus, policy hopes calm nervous investors
TOKYO (Reuters) - Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors' fears of a sharp global economic slump.
Japan's exports slip for eighth month, sales to China drop as recession fears grow
TOKYO (Reuters) - Japan's exports slipped for an eighth month in July, while manufacturers' confidence turned negative for the first time in over six years as China-bound sales slumped again in a fresh sign the Sino-U.S. trade war could tip the economy into recession.
Novartis executive sold shares before drug data manipulation made public
VIENNA (Reuters) - An unnamed Novartis executive sold 925,400 Swiss francs ($946,000) worth of shares less than three weeks before the U.S. Food and Drug Administration (FDA) announced data from tests of its gene therapy Zolgensma had been manipulated.
JPMorgan to brief clients on volatility in equity markets
(Reuters) - JPMorgan Chase & Co
plans to host a conference call for clients on Tuesday to address recent market moves, after last week's inversion of the U.S. Treasury yield curve and a sharp sell-off on global stock markets.
U.S. whiskey exporters struggle after year of EU tariffs
BRISTOL, Pa. (Reuters) - When Europe's tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad's Hat Pennsylvania Rye Whiskey.
Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) - Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease.
Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers - sources
SINGAPORE/WASHINGTON (Reuters) - The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.