newszine

U.S. trade envoy meets lawmakers on U.S.-Mexico-Canada deal as time runs short

14 mins ago NAMEX Comments Off on U.S. trade envoy meets lawmakers on U.S.-Mexico-Canada deal as time runs short
WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer met this week with Democratic lawmakers to try to resolve their concerns about the U.S.-Mexico-Canada (USMCA) trade agreement as Republicans increased pressure to get the deal passed by the end of 2019. FILE PHOTO: U.S. Trade Representative Robert Lighthizer testifies before a Senate Finance Committee hearing on Read More

U.S.-China trade reprieve makes no dent on recession chances: Reuters poll

14 mins ago NAMEX Comments Off on U.S.-China trade reprieve makes no dent on recession chances: Reuters poll
BENGALURU (Reuters) – The recent truce in the U.S.-China trade war is not an economic turning point and has done nothing to reduce a significant risk that the United States could slip into recession in the next two years, a Reuters poll of economists found. FILE PHOTO: An aerial photo looking north shows shipping containers Read More

Huawei exposure roils Xilinx’s revenue forecast

2 hours ago NAMEX Comments Off on Huawei exposure roils Xilinx’s revenue forecast
(Reuters) – Xilinx Inc (XLNX.O) on Wednesday forecast current-quarter and full-year revenue below Wall Street estimates, the second major chipmaker this week to flag the impact of a prolonged U.S.-China trade dispute on its business. FILE PHOTO: A Xilinx sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Read More

Explainer: Google hails ‘quantum supremacy’, but don’t chuck out your PC just yet

4 hours ago NAMEX Comments Off on Explainer: Google hails ‘quantum supremacy’, but don’t chuck out your PC just yet
BERLIN (Reuters) – Researchers at Google say they have achieved ‘quantum supremacy’, in which a computer harnessing the properties of sub-atomic particles did a far better job of solving a problem than the world’s most powerful supercomputer. FILE PHOTO: A handout picture from October 2019 shows a component of Google’s Quantum Computer in the Santa Read More

WATCH Russian Tu-160 nuclear-capable bombers land in South Africa

5 hours ago NAMEX Comments Off on WATCH Russian Tu-160 nuclear-capable bombers land in South Africa
Two Russian Tu-160 strategic bombers and other military aircraft have touched down in South Africa. The planes covered over 11 thousand kilometers to get there, staying in the air for more than 13 hours. The two Tupolev Tu-160 strategic bombers landed at Waterkloof air force base in Tshwane on Wednesday. Russian Il-62 and An-124 military Read More

US STOCKS-Wall Street treads water as chip stocks, Nike fall

5 hours ago NAMEX Comments Off on US STOCKS-Wall Street treads water as chip stocks, Nike fall
NEW YORK (Reuters) – The benchmark S&P 500 was little changed on Wednesday as lackluster quarterly reports from Texas Instruments Inc (TXN.O) pushed down semiconductor stocks and the departure of Nike Inc’s (NKE.N) chief executive weighed on the company’s shares. A trader works on the floor at the New York Stock Exchange (NYSE) in New Read More

Decriminalizing drugs in UK could ‘save lives & money’ – lawmakers

7 hours ago NAMEX Comments Off on Decriminalizing drugs in UK could ‘save lives & money’ – lawmakers
A cross-party group of lawmakers have urged the UK government to consider decriminalizing drugs in Britain and treat it as a health and not a criminal issue, in order to curb the high rates of drugs-related deaths. A report conducted by UK MPs on The Health and Social Care Committee has concluded that the government Read More

Walmart offers holiday deals early to avoid shorter holiday season

7 hours ago NAMEX Comments Off on Walmart offers holiday deals early to avoid shorter holiday season
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo WASHINGTON (Reuters) – Walmart Inc (WMT.N) will offer online holiday deals a few days earlier this year in order to minimize the impact from a shorter selling period between Thanksgiving and Christmas, the retailer Read More

Caterpillar cuts profit outlook as China construction sales slump

7 hours ago NAMEX Comments Off on Caterpillar cuts profit outlook as China construction sales slump
(Reuters) – Industrial bellwether Caterpillar Inc (CAT.N) reported a drop in sales in the United States and China in the third quarter, leading it to cut its outlook for the year and adding to evidence that the global economy is firmly on the decline. FILE PHOTO: Caterpillar logo is pictured at the ‘Bauma’ Trade Fair Read More

TC Energy provides results of Series 9 Shares conversion elections

9 hours ago NAMEX Comments Off on TC Energy provides results of Series 9 Shares conversion elections
CALGARY, Alberta, Oct. 23, 2019 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that 173,386 of its 18,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) were deposited for conversion on October 30, 2019 on a one-for-one basis into floating rate Cumulative Redeemable First Read More