Author: business

“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Hong Kong and Sydney with Annabelle Droulers and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)Read More

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BRUSSELS (Reuters) -The 30% tariff on European goods threatened by U.S. President Donald Trump would, if implemented, be a game-changer for Europe, wiping out whole chunks of transatlantic commerce and forcing a rethink of its export-led economic model. European ministers meeting in Brussels on Monday remained convinced they can bring Trump back from the brink before his Aug. 1 deadline and reach a deal that would keep the $1.7 trillion two-way trading relationship broadly intact. But the wild swings in Trump’s mood towards the European Union – which he has sometimes labelled as friendly and at other times accused of…

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West African crude oil differentials were wider on Monday, according to a trade source.* Differentials were wider for both August and September cargoes, the source said. * Among offers seen on Monday were Bonny Light at dated Brent plus $2.60 and Forcados at dated Brent plus $4.50. * The September…Read More

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