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China commerce ministry says in close touch with U.S. on signing trade deal

福利网站China is in close touch with the United States on signing a Phase 1 trade deal, the country's commerce ministry said on Thursday, adding that both sides are still going through necessary procedures before the signing.

Oil hits highest since September on trade hopes, OPEC cuts

Emerging market stocks were laggards in the past decade

Tiffany sees holiday sales growth of up to 3%

Business Video

Record online sales give U.S. holiday shopping season a boost - report

福利网站U.S. shoppers spent more online during this year's holiday shopping season, a report by Mastercard Inc showed on Wednesday, with e-commerce sales hitting a record high.

British Deputy Finance Minister tipped to run 'economic super-ministry'- FT

Deputy Finance Minister Rishi Sunak is being tipped by senior members of Britain's Conservative Party to run a new 'economic super-ministry' following a cabinet reshuffle in February, the Financial Times newspaper reported on Wednesday.

Brash Uber co-founder Kalanick leaves board to focus on industrial kitchens

Travis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling all his shares as he turns his focus to a new venture creating "ghost kitchens" for food delivery services.

Joint Saudi, Kuwaiti oil field expected to produce 320,000 bpd by end-2020

Saudi Arabia's energy minister said on Wednesday the Khafji oil field which is jointly operated with Kuwait would produce 320,000 oil barrels per day (bpd) at the end of 2020, Saudi-owned al-Arabiya TV reported.

Yen sags as prospects for U.S.-China trade deal looking good

The dollar edged up slightly against the yen while risk-sensitive currencies held firm on Thursday, buoyed by optimism of easing trade tensions between the United States and China and signs of recovering global growth.

China big pig farms tie up with small ones in $7 billion plan to boost hog output

福利网站China's large pig farms are lining up with small, family-based farms in a state-initiated investment of nearly 50 billion yuan ($7 billion) to boost hog productions hit hard by a deadly swine disease, the agriculture ministry said.

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