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China stocks climb on trade talk optimism

* .SSEC +0.8 pct, .CSI300 +1.3 pct; .HSI +0.2 pct * U.S. officials in Beijing for fresh talks on trade * Better news expected after wave of profit warnings Hong Kong, Feb 11 (Reuters) – China stocks rose on Monday Read more ›

Trump to choose Treasury’s Malpass to lead World Bank: sources

WASHINGTON (Reuters) – The Trump administration has notified World Bank shareholders that President Donald Trump intends to pick senior Treasury Department official David Malpass as the U.S. nominee to lead the development lender, people familiar with the decision said on Read more ›

Trump calls Fed ‘only problem’ in U.S. economy; markets slump

WASHINGTON (Reuters) – President Donald Trump blasted the Federal Reserve on Monday, describing it as the “only problem” for the U.S. economy, as top officials convened to discuss the growing rout in stock markets caused in part by the president’s Read more ›

Trump intervention comment may be gift to Huawei CFO

VANCOUVER/HONG KONG (Reuters) – Huawei executive Meng Wanzhou, released on bail on Tuesday to await a ruling on U.S. extradition at one of her luxury Vancouver homes, may have received welcome ammunition in court from an unlikely source – President Read more ›

Fed regulator says midsize bank relief ‘highest priority’

WASHINGTON (Reuters) – The Federal Reserve’s top regulator told U.S. lawmakers on Tuesday that his “highest priority” is enacting simpler rules for banks with between $100 billion and $250 billion in assets, though Republicans pressed for a more drastic easing. Read more ›

Musk to resign as Tesla chairman, remain as CEO in SEC settlement

WASHINGTON/SAN FRANCISCO (Reuters) – Tesla Inc and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement that caps a Read more ›

Tesla, Musk pay $40 million to settle Tweet charges, Musk to resign as chairman

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Saturday that car-maker Tesla and Chief Executive Elon Musk had agreed to pay $20 million each under a settlement that will also see the billionaire step down as chairman Read more ›

U.S., Mexico delay trade text for more time to land U.S.-Canada deal

WASHINGTON/MEXICO CITY (Reuters) – The United States and Mexico abruptly canceled plans to publish the text of their trade agreement on Friday to give Canada and the Trump administration more time to resolve their differences and save the North American Read more ›

SEC sues Musk for fraud, seek to remove him from Tesla

NEW YORK/SAN FRANCISCO (Reuters) – The U.S. Securities and Exchange Commission on Thursday accused Tesla Inc (TSLA.O) Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he Read more ›

Canada PM says informal NAFTA talks likely in next few days at U.N.

MONTREAL (Reuters) – U.S. and Canadian officials trying to reach a deal on NAFTA are “very likely” to hold informal talks on the sidelines of a major U.N. meeting in the next few days, Canadian Prime Minister Justin Trudeau said Read more ›