U.S. to waive sanctions on firm, CEO behind Russia’s Nord Stream 2 pipeline -source

© Reuters. FILE PHOTO: A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke/File Photo MOSCOW (Reuters) – Russian officials on Wednesday said Moscow’s fraught ties with Washington could benefit from the waiving of U.S. sanctions on the company in charge of […]

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EU agrees partial truce with U.S. over Trump tariffs

© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman By Philip Blenkinsop BRUSSELS (Reuters) – The European Union has agreed to a partial truce with the United States in a dispute over metal tariffs imposed by former president Donald Trump and to start […]

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U.S. government working to help top fuel pipeline operator after cyberattack

2/2 © Reuters. Holding tanks are seen at Colonial Pipeline’s Charlotte Tank Farm in Charlotte, North Carolina, U.S. an undated photograph. Colonial Pipeline/Handout via REUTERS. 2/2 By Laila Kearney (Reuters) -U.S. government officials were working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware cyberattack that […]

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After sanctions, Huawei turning to businesses less reliant on high-end U.S. tech

© Reuters. Huawei logo at Huawei Technologies France in Boulogne-Billancourt By David Kirton SHENZHEN, China (Reuters) -Chinese telecoms equipment maker Huawei Technologies is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome U.S. restrictions that have devastated its smartphone business. Huawei was put on an […]

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Fed’s Powell: U.S. economy at an ‘inflection point’ – CBS ’60 Minutes’

2/2 © Reuters. FILE PHOTO: Chair of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing in Washington 2/2 By Dan Burns and Howard Schneider (Reuters) – The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the months ahead, but also risks […]

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U.S. Army Corps to lay out plans for Dakota Access pipeline review at hearing

© Reuters. FILE PHOTO: Law enforcement officers advance into the main opposition camp against the Dakota Access oil pipeline near Cannon Ball By Laila Kearney and Devika Krishna Kumar NEW YORK (Reuters) -The U.S. Army Corps of Engineers is expected to lay out its recommendations on the Dakota Access oil pipeline at a federal court […]

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Gold up 1% on Week after Fencing With U.S. Yields, Dollar

By Barani Krishnan Investing.com – Gold prices slid on Friday but still ended the week up 1% as the yellow metal emerged partially victorious from its fencing duels with U.S. bond yields and the dollar, which were sluggish most of the week from mixed readings on inflation. on New York’s Comex settled down $ 13.60, […]

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U.S. House bill seeks $8 billion for abandoned oil and gas well cleanup

© Reuters. Abandoned oil well in Olean, New York By Nichola Groom (Reuters) – A U.S House of Representatives Democrat introduced a bill on Thursday authorizing $ 8 billion to plug and clean up abandoned oil wells nationwide, a measure aimed at creating jobs for oil and gas workers and reducing climate-warming emissions. More than […]

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Dollar trades near two-week low as U.S. yields fall

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph By Ritvik Carvalho LONDON (Reuters) – The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new […]

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