A view of models of Airbus’ MAVERIC and E-Fan X

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A view of models of Airbus’ MAVERIC and E-Fan X aircraft at the Singapore Airshow in Singapore February 11, 2020. REUTERS/Edgar Su

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China’s industrial output to grow around 5.6% year-on-year in 2019: ministry

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BEIJING (Reuters) – China’s industrial output is expected to grow around 5.6% in 2019, the Ministry of Industry and Information Technology said on Monday. Industrial production rose 6.2% year-on-year in November, quickening from 4.7% in October. It was also the fastest year-on-year growth in five months, official data have shown. (Reporting by Beijing Monitoring Desk; […]
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Big Oil may have to break dividend taboo as debt spirals: investors

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By Ron Bousso LONDON (Reuters) – The world’s biggest oil and gas firms should break an industry taboo and consider cutting dividends, rather than taking on any more debt to maintain payouts as they weather the fallout from the coronavirus pandemic, investors say. The top five so-called oil majors have avoided reducing dividends for years […]
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China commerce ministry says it has proactively dealt with U.S. trade frictions

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BEIJING (Reuters) – China’s Commerce Ministry has “proactively dealt with” trade frictions with the United States this year, it said on Sunday after an annual work conference. The ministry has implemented the decisions of the central government and “resolutely safeguarded the interests of the country and the people”, it said in a statement on its […]