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Trump Ups Ante ahead of G20 Discussions on Global Trade Tensions

US President Donald Trump's latest attacks on China and the European Union will shape the discourse on global trade conflicts and competitive devaluation as Group of 20 finance ministers meet in Buenos Aires this weekend.

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U.S. Expects to Restart NAFTA Talks Soon, Commerce Secretary

Talks to revamp the North American Free Trade Agreement could resume shortly, US Commerce Secretary Wilbur Ross said Thursday.

Mexico's President-elect Andres Manuel Lopez Obrador "has changed his rhetoric quite considerably and has made it very clear that he likes the idea of redoing NAFTA," Ross said.

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Asia Markets Fall after Trump Criticizes Fed Rate Hikes

Asian markets mostly tumbled Friday tracking a fall on Wall Street after US President Donald Trump criticised the Federal Reserve's interest rate hikes amid lingering fears about a global trade war.

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First Ukraine Nuclear Reactor Loaded 'Solely' with Non-Russian Fuel

Ukrainian authorities said on Thursday that the first unit of a nuclear power plant was fully loaded with fuel from Westinghouse Electric Co as Kiev seeks to break its dependence on Russian energy supplies.

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EU Warns it Will Retaliate if US Imposes 'Disastrous' Auto Tariffs

The European Union will retaliate if US President Donald Trump imposes "disastrous" tariffs on automobiles, EU trade commissioner Cecilia Malmstrom warned Thursday.

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German MPs Show Nutella 'Red Card' over World Cup Giveaway

German MPs have blasted a World Cup promotion by Nutella chocolate spread, after they found out people would have to scoff almost 16 kilos of the sugary treat to earn a football.

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Champagne as Historic Commercial Flight Links Ethiopia and Eritrea

Ethiopia and Eritrea on Wednesday resumed commercial airline flights for the first time in two decades, with emotions spilling over into the aisles and onto the tarmac as families were reunited.

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EasyJet Ups Profit Forecast despite Travel Disruption

EasyJet expects full-year profit to be higher than expected as increased passenger numbers offsets disruption from striking air traffic controllers and bad weather, the British no-frills airline said on Wednesday.

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S. Korea Minister Warns of Fallout of US-China Trade War

South Korea's finance minister warned that an all-out trade war between the US and China would have grim implications for the country, as he lowered this year's growth outlook Wednesday. 

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Libya State Oil Company Shuts Terminal after Attack

Libya's state oil company said on Tuesday that it has halted crude exports at its Zawiya terminal due to falling production after an attack in which four workers were kidnapped.

"National Oil Corporation has declared force majeure on crude oil loadings at Zawiya port," the NOC it said in a statement.

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