BEIJING (Reuters) – China’s industrial companies’ profits rose for the second consecutive month and at the fastest pace in more than a year, adding to signs that the country’s economic recovery from the coronavirus crisis is winning impulse. FILE PHOTO: A worker welds a steel bicycle tire at a factory …
Read More »Trump team, Senate Republicans agree to offer coronavirus aid to Democrats
WASHINGTON (Reuters) – Top aides to United States President Donald Trump said Sunday they agreed in principle with the Senate Republicans on a $ 1 trillion coronavirus relief package, the party’s opening offer in negotiations with Democrats less than a week before the biggest unemployment benefits expire. White House chief …
Read More »China imports more oil from Saudi Arabia than any other country in June
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 »Morocco closes major cities after increase in coronavirus cases
FILE PHOTO: Police officers patrol the streets after the outbreak of coronavirus disease (COVID-19), outside Casablanca, Morocco, March 25, 2020. REUTERS / Youssef Boudlal RABAT (Reuters) – Morocco will prevent people from entering and leaving some of its largest cities after midnight to contain an increase in COVID-19 cases, the …
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 …
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