Author: Fbiz

Mexican President Andres Manuel Lopez Obrador reiterated on Sunday the need for oil independence as his government said it would tender six construction contracts in June for a planned oil refinery in the southern state of Tabasco. Tensions between Mexico and the United States have been running high in recent days after President Donald Trump …

Joyce Huang contributed to this report. China says Washington bears the “sole and entire responsibility” for the breakdown in trade talks earlier this month and that Beijing won’t back down on matters of principle. In a defiant rebuttal of who is to blame, China released a white paper Sunday, arguing that it is the United …

Joyce Huang contributed to this report. China says Washington bears the “sole and entire responsibility” for the breakdown in trade talks earlier this month and that Beijing won’t back down on matters of principle. In a defiant rebuttal of who is to blame, China released a white paper Sunday, arguing that it is the United …

The Trump administration is committed to making fossil fuels cleaner rather than imposing “draconian” regulations on coal and oil, U.S. Energy Secretary Rick Perry said Thursday at an energy conference in Salt Lake City. Perry previously said the administration wants to spend $500 million next year on fossil fuel research and development as demand plummets …

The Trump administration is committed to making fossil fuels cleaner rather than imposing “draconian” regulations on coal and oil, U.S. Energy Secretary Rick Perry said Thursday at an energy conference in Salt Lake City. Perry previously said the administration wants to spend $500 million next year on fossil fuel research and development as demand plummets …

The International Monetary Fund said on Thursday it had not pressured Venezuela to release economic indicators after years of silence, while two sources said the country’s surprise data release this week was due to pressure from China. The central bank on Tuesday unexpectedly released data confirming Venezuela is suffering hyperinflation and massive economic contraction. The …

The International Monetary Fund said on Thursday it had not pressured Venezuela to release economic indicators after years of silence, while two sources said the country’s surprise data release this week was due to pressure from China. The central bank on Tuesday unexpectedly released data confirming Venezuela is suffering hyperinflation and massive economic contraction. The …

U.S. stocks lost ground again on Thursday, as conflicting comments on trade talks from President Donald Trump and Beijing  reinforced investor nervousness that a lengthy battle could be in the offing and harm global growth. Trump said talks with China were going well but those comments were countered by a senior Chinese diplomat who said …

U.S. stocks lost ground again on Thursday, as conflicting comments on trade talks from President Donald Trump and Beijing  reinforced investor nervousness that a lengthy battle could be in the offing and harm global growth. Trump said talks with China were going well but those comments were countered by a senior Chinese diplomat who said …

President Donald Trump said Thursday he still believes China “would love to make” a new trade deal with the United States and might now regret backtracking on some agreements negotiators for the two countries had reached. “We had a deal and they broke the deal,” Trump said at the White House. “I think if they …

The highly-anticipated showdown on Wednesday night between Trish Regan of Fox Business and Liu Xin of China Global Television Network (CGTN) — the overseas arm of state-controlled China Central Television (CCTV) — turned out to be a tame question-and-answer session with little exchange of barbs.   Some observers say that, as both are neither policymakers nor experts …

In recent weeks, Australia and India have re-elected incumbent prime ministers. These Asia-Pacific countries, who have a difficult relationship with China, are unlikely to make the kind of policy changes that Beijing has been seeking for a long time, analysts said. Australia this month re-elected Prime Minister Scott Morrison stunning pollsters who had anticipated his …

In recent weeks, Australia and India have re-elected incumbent prime ministers. These Asia-Pacific countries, who have a difficult relationship with China, are unlikely to make the kind of policy changes that Beijing has been seeking for a long time, analysts said. Australia this month re-elected Prime Minister Scott Morrison stunning pollsters who had anticipated his …

Water restrictions are to be imposed in Sydney, Australia’s biggest city, for the first time in almost a decade because of falling reservoir levels and a long-standing drought. Residents who breach the regulations could be fined US$150. The flow of rainwater into some of Sydney’s reservoirs is at its lowest since World War II. From …

Water restrictions are to be imposed in Sydney, Australia’s biggest city, for the first time in almost a decade because of falling reservoir levels and a long-standing drought. Residents who breach the regulations could be fined US$150. The flow of rainwater into some of Sydney’s reservoirs is at its lowest since World War II. From …

The Trump administration said on Tuesday that no major trading partner met its currency manipulation criteria but nine countries, including China, required close attention as Washington presses tariffs and negotiations to address trade deficits. The Treasury Department, in a semi-annual report to Congress, said it reviewed the policies of an expanded set of 21 major …

Officials in Zimbabwe say the bodies of eight illegal miners have been retrieved from an abandoned gold mine about 50 kilometers north of Harare. The news Monday was a reminder of the risk faced by desperate illegal miners trying to make a living in the economically troubled southern African country. Matopo is a gold rich …

Officials in Zimbabwe say the bodies of eight illegal miners have been retrieved from an abandoned gold mine about 50 kilometers north of Harare. The news Monday was a reminder of the risk faced by desperate illegal miners trying to make a living in the economically troubled southern African country. Matopo is a gold rich …

Zimbabwe’s disused mines continue to be a death trap for poor and desperate illegal miners in search of the precious minerals to earn a living. Columbus Mavhunga travelled to Matopo a gold rich area about 500 kilometers south of Harare, where mining continues despite some having been trapped earlier this month. …

Zimbabwe’s disused mines continue to be a death trap for poor and desperate illegal miners in search of the precious minerals to earn a living. Columbus Mavhunga travelled to Matopo a gold rich area about 500 kilometers south of Harare, where mining continues despite some having been trapped earlier this month. …

President Donald Trump says he is “honored” to give U.S. farmers hurt by the trade war with China another $16 billion in aid.  Flanked by potato growers, ranchers and dairymen in the White House, Trump said Thursday the aid “will help keep our cherished farms thriving and make clear that no country has a veto …

President Donald Trump says he is “honored” to give U.S. farmers hurt by the trade war with China another $16 billion in aid.  Flanked by potato growers, ranchers and dairymen in the White House, Trump said Thursday the aid “will help keep our cherished farms thriving and make clear that no country has a veto …

In a potential challenge to U.S.-led efforts to build consensus on the Boeing Co 737 MAX flying again, Canada and Europe said on Wednesday they would bring back the grounded aircraft on their own terms if their specific concerns are not addressed. Global regulators will meet in Fort Worth, Texas, on Thursday where the U.S. …

In a potential challenge to U.S.-led efforts to build consensus on the Boeing Co 737 MAX flying again, Canada and Europe said on Wednesday they would bring back the grounded aircraft on their own terms if their specific concerns are not addressed. Global regulators will meet in Fort Worth, Texas, on Thursday where the U.S. …

British lawmakers are denouncing Prime Minister Theresa May’s latest proposal to withdraw from the European Union (EU) amid growing demands from her own Conservative Party for her resignation. May said on Tuesday a bill she plans to present to Parliament next month would include a provision to vote on whether to hold a second referendum …

British lawmakers are denouncing Prime Minister Theresa May’s latest proposal to withdraw from the European Union (EU) amid growing demands from her own Conservative Party for her resignation. May said on Tuesday a bill she plans to present to Parliament next month would include a provision to vote on whether to hold a second referendum …