Usama Fayyaz

Trump hails ‘Warmer feelings’ in US-China trade talks

American and Chinese officials are making meaningful progress in high level trade talks, says US President. "Good things are happening at China Trade Talk...

US House panel votes to ramp up Trump impeachment probe  

The pace of an investigation that could lead to impeachment allegations against Trump by the end of the year. The measure allows the panel...

Kenya’s currency seen easing, Zambia, Uganda stable

LUSAKA: Kenya's shilling is expected to soften against the dollar in the coming week, while the currencies of Zambia, Uganda and Nigeria hold steady. KENYA The Kenyan...

Italy govt approves use of special powers over 5G supply deals

ROME: Italy's new government approved on Thursday the use of special powers in deals to purchase goods and services related to 5G technologies signed by...

US natural gas futures fall from 7-week high on big storage build

US natural gas futures fell almost 2pc from a seven-week high on Thursday following the release of a bigger than expected weekly storage build and...

Yields soar on news China, US to hold Oct. talks

NEW YORK: Treasury yields rocketed higher on Thursday after news that the United States and China had agreed to hold talks in October, spurring hopes...

British Airways dismisses pilot union offer ahead of planned strikes next week

British Airways on Thursday dismissed a proposal by a pilots union to avoid strike action next week as "unrealistic", leaving it little closer to resolving...

UBS to revamp investment bank in effort to lift flagging earnings

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market conditions precipitated a performance dip. The...

US Cash Soymeal-Rail market weak, truck market flat

CHICAGO: Spot basis offers for US soymeal weakened at rail market locations on Thursday, with demand easing off as most end users had ample supplies

Pound posts biggest two-day surge in 10 months as no-deal Brexit fears fade

LONDON: The pound surged to a five-week high on Thursday after lawmakers voted to prevent Prime Minister Boris Johnson taking Britain out of the European...