Bloomberg

Get Used to It America: We're No Longer No. 1

Dec 18 2018

Countries that once would cater to the U.S. in military and political matters in order to secure access to U.S. markets will now be tempted to switch their allegiance to China. This pressure will be especially acute for East Asian countries that are close to Chinese markets.

Trump Green-Lights Next Round of Farm Bailout in China Trade War

Dec 18 2018

Payments to corn farmers were estimated at about $192 million, which the National Corn Growers Association called "virtually no relief ".

Women Are on Track to Earn the Same as Men, in 202 Years

Dec 18 2018

The figures are a tiny improvement from last year’s results, where the gap between the achievements and well-being of men and women widened for the first time in more than a decade.

Here's How Trump's Shutdown Fight With Democrats Could Play Out.

Dec 17 2018

President Donald Trump and Congress have five days left to agree on must-pass spending legislation, or they risk of leaving Washington for the holidays with a big chunk of the federal government shuttered.

A Cheery Outlook for Liquor Sales as India Drinks More Premium Spirits

Dec 17 2018

The rising affluence of IndiaGs middle class will drive the growth of as much as 10% a year in the $33 billion spirits market, according to one of the nation's oldest distillers.

IEA Says Too Early to Tell If OPEC+ Oil-Supply Cuts Will Succeed

Dec 13 2018

At just over 33 million barrels a day in November, OPEC is pumping well in excess of the 31.6 million a day the IEA estimates is required on average next year.

SBI Says It Made An Error Allocating Shares in SoftBank IPO

Dec 13 2018

SBI Holdings Inc., one of the lead underwriters for SoftBank Group Corp. Gs initial public offering of its domestic telecom unit, said it made an error allocating some of the 180 billion yen ($1.6 billion) worth of shares itGs selling to investors.

OPEC Cut Throws Wrench Into Record Short-Selling Streak for Oil

Dec 11 2018

After much back-and-forth between producers in Vienna, OPEC and allies agreed to collectively cut production by 1.2 million barrels a day, with the cartel shouldering 800,000 barrels a day.

Stocks Trade Mixed; U.S. Futures Dip; Dollar Flat: Markets Wrap

Dec 11 2018

Stocks in Asia traded mixed on Tuesday as investors weighed further discussions on trade between Washington and Beijing. The pound stayed lower after a slump in the wake of U.K. Prime Minister Theresa May delaying a critical vote on Brexit.

Uganda Buys Stake in New Sugar Company in Former Rebel Region

Dec 11 2018

Uganda acquired a 32 percent stake in Atiak Sugar Factory in a northern region thatGs recovering from two decades of war by the LordGs Resistance Army, the Trade Ministry said.