BEIJING (Reuters) – China’s crude oil imports from Saudi Arabia increased 15% in June from a year ago, as refineries ordered record volumes of fuel in March and April when oil prices fell, solidifying the position of the kingdom as the main supplier of oil to China. FILE PHOTO: An …
Read More »China’s soybean imports from Brazil hit record in June
BEIJING (Reuters) – China’s soybean imports in June from top supplier Brazil soared to a record high, according to customs data released Sunday, fueled by rising demand for soybeans as China’s herd of pigs recovers after fatal outbreaks of African swine fever. FILE PHOTO: Imported soybeans are transported to a …
Read More »security disputes should not pollute trade
The World Trade Organization is not responsible for disputes over security and other non-trade issues, Liam Fox, one of several candidates to be the new head of the WTO, told CNBC in an exclusive interview on Friday. The organization, created in 1995 to expand world trade beyond goods, has been …
Read More »I’m not selling my Verizon, at least not yet
When is bad good? When bad is better than expected. Is when. Verizon Communications (VZ) reported the company’s fiscal performance in the second quarter on Friday morning. Verizon puts a adjusted EPS of $ 1.18 on the ribbon, which exceeded the consensus view. The firm also produced revenue of $ …
Read More »Tesla stocks have risen and report looms: here is the trade
We are witnessing the evolution of two industries in a veteran sector: Tesla (TSLA) – Get report It leads the electric vehicle trend as many traditional automaker stocks struggle. Despite the recent volatility in the group, Tesla, Nio (NIO) – Get report and Nikola (NKLA) – Get report It will …
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