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Trump promises farmers that China trade deal will be good for them
By Steve Holland AUSTIN, Texas (Reuters) – President Donald Trump sought on Sunday to assure American farmers and ranchers hit by a protracted tariff war with China that a trade agreement he signed with Beijing will lead to major purchases of U.S. agricultural products. Trump’s remarks in Texas, a state he won in 2016 and […]
Starboard ends proxy fight at eBay, withdraws director nominations
By Svea Herbst-Bayliss (Reuters) – Activist investor Starboard on Thursday ended its proxy fight at eBay <EBAY.O> by withdrawing its four director nominees four days after the ecommerce company named a new chief executive. EBay said it plans to name another independent director in the coming months and will consider the people Starboard had suggested […]
S. Korea's May exports dive 46% as virus wipes out global demand
SEOUL • South Korean exports and imports suffered a precipitous decline in the first 10 days of May, underlining a bleak outlook for Asia’s fourth largest economy and international trade as the coronavirus crisis slammed global demand. Exports contracted 46.3 per cent year on year in the period, while imports fell an equally dizzying 37.2 […]