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Commerce

World waits to see if Trump-Xi dinner brings trade peace

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Argentina, Dec 1 (AP) - When President Donald Trump sits down for dinner Saturday with Chinese leader Xi Jinping, their table talk will undoubtedly have a global impact. What they agree on - or don't - will determine whether stock markets rise or fall, whether the world economy gets some relief from destabilizing trade ten-sions, and cast judgment on the wisdom of the American leader's hard-nosed trade tactics.
Trump and Xi will be seeking a way out of a trade war between the world's two...
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Market to parse Powell words for clues to Fed's future hikes

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Washington, Nov 28 (AP) - Is the Federal Reserve considering a pullback in its interest rate hikes?
Chairman Jerome Powell's recent observations have suggested that while the U.S. economy remains on firm footing it also faces an array of risks, including a slowing global economy.
Powell's...
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Drought in Australia's east coast boosts goat meat price

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Sydney, Nov 28 (Xinhua) -- With farmers on Australia's east coast experiencing some of the worst drought conditions on record, the high price of feed has forced many producers to sell down their sheep and cattle stocks.
But while the production of other some animals is slowing, there appears to...
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