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  • Wall Street edges higher on oil jump, tech still soft
    on March 20, 2018 at 2:23 pm

    (Reuters) - U.S. stocks inched higher on Tuesday with energy stocks leading the way thanks to a jump in oil prices but technology stocks remained on the defensive after the previous day's bruising selloff. […]

  • WTO members say U.S. actions threaten trade body's credibility
    on March 20, 2018 at 2:15 pm

    NEW DELHI (Reuters) - Nearly 50 countries expressed concern on Tuesday about the "serious threat" to the World Trade Organisation posed by unilateral trade actions, a pointed reference to U.S. import tariffs that have caused a global outcry. […]

  • Oil rises to March high on Middle East tensions, Venezuela concerns
    on March 20, 2018 at 2:04 pm

    LONDON (Reuters) - Oil rose on Tuesday to its highest level so far this month, as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the negative impact of growing U.S. crude production. […]

  • P&W to deliver spare A320neo engines soon to IndiGo: source
    on March 20, 2018 at 12:56 pm

    NEW DELHI (Reuters) - Pratt & Whitney will soon begin deliveries of spare engines to IndiGo airlines, which was forced to ground eight of its Airbus A320neo aircraft last week after engine problems, a source familiar with the matter told Reuters. […]

  • China steel association emboldened as U.S. antitrust probe dropped
    on March 20, 2018 at 12:22 pm

    BEIJING (Reuters) - China's steel industry will resolutely respond to any trade action taken by United States, the China Iron & Steel Association (CISA) said on Tuesday as it hailed a climbdown by Washington in an antitrust case. […]

  • Exclusive: On Amazon, a quarter of merchants' sales are cross-border
    on March 20, 2018 at 11:04 am

    LAS VEGAS (Reuters) - Inc is making a push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by eBay Inc and potentially Alibaba Group Holding Ltd. […]

  • India scraps sugar export tax to boost exports, cut inventory
    on March 20, 2018 at 10:15 am

    NEW DELHI (Reuters) - India has scrapped a 20 percent sugar export tax, a government source said on Tuesday, to help boost overseas sales in a year of surplus production. […]

  • Exclusive: Essar Oil picks Trafigura, BP for $1 billion oil-backed loan
    on March 20, 2018 at 10:13 am

    LONDON (Reuters) - Essar Oil has picked Trafigura and BP to lend it $1 billion to be repaid with cargoes of refined products as the Indian refiner's new owners seek to diversify the firm's financing base, sources with direct knowledge of the matter said. […]

  • India's cotton plantings to fall as pest dents farmers' income
    on March 20, 2018 at 9:40 am

    MUMBAI (Reuters) - Cotton planting in India, the world's top producer of the fibre, could fall 12 percent in the 2018/19 crop year as infestation by the pink bollworm has slashed farmers' incomes and prompted them to choose other crops, industry officials said. […]

  • PNB woes spur Goldman to downgrade India's economic growth forecasts
    on March 20, 2018 at 8:58 am

    MUMBAI/BENGALURU (Reuters) - Investment bank Goldman Sachs downgraded its forecasts for India's economy on Tuesday in the wake of a more than $2 billion fraud at Punjab National Bank, warning it could spark tighter regulation of the banking sector that would constrain credit growth. […]

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