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NEW YORK: A profit warning and muted outlook from package delivery company FedEx Corp is prompting some high-profile fund managers to prepare for the US-China trade war to last longer than many had originally anticipated.
CHICAGO: A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska amid two days of ongoing talks in Washington.
NEW YORK: Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia's energy industry last weekend.
NEW YORK: Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks
WASHINGTON: Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to settle their ongoing trade war, but a lasting peace seems elusive.
There is a litany of issues to address, from tariffs on specific products to much broader divides over issues like intellectual property theft and global supply chains.
BRUSSELS: Brexit from afar is looking like a disaster about to happen. One European official, watching the situation up close, compared it to two cars driving at high speed toward each other with each expecting the other to swerve out of the way first.
WASHINGTON: Nearly two dozen US lobbying groups have joined forces to try to rein in U.S. President Donald Trump's power to unilaterally impose tariffs amid growing concern about the negative economic impact of his trade policies.
SINGAPORE: Confidence among companies in Asia lifted slightly in the September quarter from 10-year lows, but most firms do not plan on hiring or expect business to pick up as they see a risk of a global recession looming, a Thomson Reuters/INSEAD survey found.
UNITED NATIONS/BEIJING (Reuters) - The United States is considering how it will confront China during the annual gathering of world leaders at the United Nations next week over its detention of some 1 million Muslims in a remote region, as some diplomats warn that U.S. leadership in global institutions is waning and China's influence is growing.
ABOARD AIR FORCE ONE: U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement could be reached the day after U.S. voters go to the polls.