President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
(Adds details on earnings, share move)
April 30 (Reuters) - General Electric Co said on Tuesday first-quarter profit more than tripled, helped by higher sales in its aviation, oil and gas, and healthcare units.
Its shares rose more than 6 percent in pre-market trading.
GE also stuck to its full-year forecast for earnings, but said that problems with Boeing Co's 737 MAX jet presents a "new risk" for GE, which makes engines for the plane with partner Safran SA of France. Boeing's newest jetliner was grounded worldwide last month after a second fatal accident in less than five months.
GE also reported $1.2 billion in negative cash flow from its industrial business, much better than the $2.16 billion outflow that Wall Street analysts, on average, were expecting.
Earnings from continuing operations attributable to GE shareholders rose to $954 million in the first quarter ended March 31 from $261 million a year earlier.
Earnings per share from continuing operations rose to 11 cents from 3 cents, the company said.
On an adjusted basis, GE earned 14 cents per share. Analysts had expected 9 cents per share, on average.
Total revenue fell 2 percent to $27.29 billion. (Reporting by Rachit Vats in Bengaluru and Alwyn Scott in New York; Editing by Anil D'Silva and Bill Rigby)