MEXICO CITY / SINGAPORE (Reuters) – Oil tankers transporting nearly two months of Venezuelan oil production are trapped at sea as world refineries avoid the nation’s crude to avoid falling under U.S. sanctions, according to sources at the industry, PDVSA documents and shipping data. Washington is tightening sanctions to reduce …
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LONDON (Reuters) – Gold prices rose to their highest level in nearly eight years on Wednesday, as global stocks cooled as signs of a rally in coronavirus cases kept investors on edge. FILE PHOTO: Gold bars and granules are displayed at the Austrian Oegussa silver-gold separation plant in Vienna on …
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SYDNEY (Reuters) – Asian stocks hit a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases appeared to be accelerating to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
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WASHINGTON (Reuters) – The U.S. trade deal with China is not only completely intact, but Beijing has taken a constructive step forward in several areas, a senior White House adviser said Tuesday. FILE PHOTO: White House National Economic Council Director Larry Kudlow speaks in the Roosevelt Room of the White …
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WASHINGTON (Reuters) – Contradictory talks by Trump administration officials about the “decoupling” of the US economy from China are becoming a challenging reality: Chinese imports of US goods are increasing, investments by US companies in China continues and markets are wary of separating the world’s largest economies. FILE PHOTO: Chinese …
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