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  • *Trump accuses China, Europe of manipulating their currencies. President Donald Trump accused China and Europe of manipulating their currencies and said he was "not thrilled" with the Federal Reserve for hiking interest rates. Keeping global trade conflict concerns on the boil, Trump said in an interview with Reuters on Monday that China was manipulating the...

  • President Donald Trump does not expect much progress from trade talks with China this week in Washington, he told Reuters on Monday. Trump also accused China of manipulating its yuan currency to make up for having to pay tariffs imposed by Washington, while arguing the U.S. central bank should be more accommodating. The meetings, expected to take place on...

  • The Trump administration is set to announce plans to roll back the centerpiece of President Barack Obama's efforts to slow global warming. The Environmental Protection Agency says the plan will be announced Tuesday. President Donald Trump has already vowed to pull the U.S. out of the Paris climate agreement as he pushes to revive the coal industry.

  • Trade Representative Robert Lighthizer are due to resume on Tuesday in Washington to try to resolve remaining bilateral issues so that Canada, which has been sidelined for weeks from the negotiations, can return to the bargaining table. "We remain concerned that, without further clarifications, assurances and modifications, many of those companies...

  • Federal Reserve Today in Washington. 21- Aug Germany Auction of 2- year Treasury notes 21- Aug Japan Auction of 20- year government bonds 21- Aug Spain Auction of 3- and 9- month Treasury bills 22- Aug Germany Auction of 10- year Federal bonds 24- Aug Japan 3- month discount bill auction 27- Aug United States Sale of 2- year notes 28- Aug United States Sale of 5-...

  • THURSDAY, AUGUST 23 BERLIN, Germany- Bundesbank president Weidmann speaks in Berlin- 0900 GMT FRIDAY, AUGUST 24 JACKSON HOLE, Wyoming- Federal Reserve Chairman Jerome Powell speaks on "Monetary Policy in a Changing Economy" before the Federal Reserve Bank of Kansas City Economic Policy Symposium- 1400 GMT. JACKSON HOLE, Wyoming- Bank of Canada Governor Stephen...

  • Aug 20- LATAM Airlines, the biggest airline group in Latin America, reported a net loss of $114 million in its second quarter, a period that is usually the weakest for air travel companies throughout the region. But this year has brought additional challenges for airlines, including rising oil prices and a weak Brazilian real that makes international travel more...

  • Aug 20- U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies said on Monday, suspending a dispute that blocked the state-run company from exporting oil from most of its key Caribbean facilities. The case relates to the nationalization of Conoco assets dating back over a decade in...

  • SHANGHAI, Aug 21- China has drawn up new guidelines on measuring and controlling "hidden" local government debt, the official China Daily said on Tuesday, citing senior government sources. The last round of inspections ended in 2014 and uncovered 15.7 trillion yuan in total outstanding local government debt, China Daily said. Total outstanding local government...

  • Aug 20- A federal appeals court on Monday revived a lawsuit accusing CBS Corp and CBS Radio of copyright infringement for playing digitally remastered songs recorded before 1972 by Al Green, the Everly Brothers, Jackie Wilson and others on radio stations and online. CBS last November split off its CBS Radio business, which merged with Entercom Communications...

  • SEATTLE, Aug 20- The space company of billionaire Microsoft co-founder Paul Allen on Monday unveiled details of medium-lift rockets and a reusable space cargo plane it is developing, injecting more competition into the lucrative launch services market. But his vehicles will have to compete domestically with other space entrepreneurs and industry...

  • Aug 20- U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies said on Monday, suspending a dispute that blocked the state-run company from exporting oil from most of its key Caribbean facilities. The case relates to the nationalization of Conoco assets dating back over a decade in...

  • Underlying profit for the full year ended June 30 rose to $8.93 billion from $6.73 billion a year earlier. Including these items, profit fell 37 percent to $3.71 billion, which reflected a one-off shale charge of about $2.8 billion post-tax. The statutory profit also reflects a charge of $650 million in its fiscal 2018 results following the 2015 Samarco dam...

  • SACRAMENTO, Calif.— Hundreds of California farmers rallied at the Capitol on Monday to protest state water officials' proposal to increase water flows in a major California river, a move state and federal politicians called an overreach of power that would mean less water for farms in the Central Valley. "For the 50 years corporate agriculture has been getting...

  • LONDON, Aug 21- The British government will set out a new export strategy on Tuesday aimed at boosting exports to 35 percent of gross domestic product, as it looks to increase trade ties with the rest of the world after leaving the European Union. "We are determined to support, connect and grow UK companies on the world stage through our international network,"...

  • *Bank loan growth to be helped by Beijing's increased spending. SHANGHAI/ HONG KONG, Aug 21- China's biggest listed state-owned lenders are expected to post modestly higher profits and steady margins for the six months ended June, as government efforts to boost spending and liquidity underpins loan growth. But analysts fear an unrestrained, credit-fueled...

  • RIO DE JANEIRO, Aug 20- Brazil has relaxed local content requirements for companies developing the Libra offshore oilfield, the government said on Monday, in a move it expects will unlock $16 billion in investment for Latin America's top oil producer. The changes will be made through an addendum to the production sharing agreement in effect for the field, which...

  • HOUSTON, Aug 20- Venezuela's PDVSA and NuStar Energy LP have reached an agreement over outstanding storage fees, allowing the state-run company to resume use of a key storage terminal in the Caribbean, the U.S. energy firm said on Monday. The terminal played a role in a legal dispute between PDVSA and ConocoPhillips, which earlier this year tried to enforce a $2...

  • Trump's comments in an interview with Reuters come as the social media industry faces mounting scrutiny from Congress to police foreign propaganda. Those tweets followed actions taken by Apple Inc, Alphabet Inc's YouTube and Facebook to remove some content posted by Infowars, a website run by conspiracy theorist Alex Jones. Trump appeared on a show produced...

  • Underlying profit for the full year ended June 30 rose to $8.93 billion from $6.73 billion a year earlier. That missed an estimate of $9.27 billion according to 15 analysts polled by Thomson Reuters I/B/E/S. Australias biggest company by market value declared a final dividend of $0.63 per share, up from $0.43 a share last year.