By Humeyra Pamuk, David Brunnstrom WASHINGTON (Reuters) – A warm welcome and expressions of solidarity against China likely await U.S. Secretary of State Mike Pompeo next week when he visits East Asia for the first time in over a year, but the looming U.S. election means Asian allies will think […]
Looms
Peru economy could fall by 20% as consumer debt crisis looms – govt
LIMA, Oct 1 (Reuters) – Peru´’ economy could plummet by more than 20% if unpaid consumer debts continue to mount, a scenario the government hopes to stave off with an emergency plan to reschedule troubled loans with state guarantees, the government said on Thursday. Economy Minister María Antonieta Alva said […]
Oil prices to see little upside as virus threat looms large
© Reuters/Athit Perawongmetha The Wider Image: Fuel prices around the world By Anjishnu Mondal and Eileen Soreng Load Error (Reuters) – Oil prices will stay near current levels this year as rising novel coronavirus cases threaten to slow the pace of demand recovery and counter output curbs by top producers, […]
Convicted donor looms large in NC insurance commissioner race
RALEIGH Convicted billionaire campaign donor Greg Lindberg’s name is coming up a lot in the race for insurance commissioner. This year’s contest for the regulatory office is a rematch from 2016, with Republican incumbent Mike Causey facing the two-term Democrat he defeated four years ago: Wayne Goodwin, who’s now […]
TikTok Judge Schedules Sunday Hearing as Trump’s Ban Looms
Trump cited national security risks in August, when he announced a ban on the widely-used network from U.S. app stores. The president, who’s also barred WeChat, owned by China’s Tencent Holdings Ltd., has told ByteDance its only alternative is to sell its American TikTok business. The U.S. Justice Department argues […]
Google Antitrust Suit Looms Over Issues of Search Dominance, Advertising
WASHINGTON—State attorneys general are expected to meet with top Justice Department officials on Thursday to discuss how—and how quickly—they should pursue an antitrust case against Alphabet Inc.’s Google that could reshape the online business environment. Top Justice Department officials including Attorney General William Barr want to move swiftly in filing […]
TikTok asks judge to block Trump’s ban as deadline looms
NEW YORK (AP) — Chinese-owned TikTok asked a judge to block the Trump Administration’s attempt to ban its app, suggesting the video-sharing app’s forced deal with Oracle and Walmart remains unsettled. An app-store ban of TikTok, delayed once by the government, is set to go into effect Sunday. A more […]
Salary fight looms, despite deals on parental leave, health insurance
Despite significant progress toward the 2020-21 teacher contracts, negotiators for Brevard Public School and the Brevard Federation of Teachers union remain at loggerheads on salary hikes for district educators. SpaceX delay, teacher negotiations and Space Coast Town Centre: NI90 Click to expand UP NEXT Bargaining teams reached tentative agreements in a virtual session Wednesday on […]
LA Restaurant Drops COVID-19 Insurance Suit As Loss Looms
Law360 (September 17, 2020, 7:39 PM EDT) — A Los Angeles restaurant has accepted dismissal of its suit seeking coverage of its COVID-19 losses from AmGuard Insurance Co., a California federal judge said Wednesday, officially tossing the suit with prejudice and noting he had issued a tentative order dismissing it […]
Iron Ore At Six-Year High Of $130 A Ton, But Correction Looms
/https://specials-images.forbesimg.com/imageserve/5f61742393c48749e6eb9494/0x0.jpg?cropX1=0&cropX2=3000&cropY1=0&cropY2=1687)
China’s insatiable demand for steel combined with a slow recovery in Brazilian supply after a series of outage events has lifted the price of iron ore to a six-year high of $130 a ton, but that could be as good as it gets. The iron ore price rise to a […]