Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. Hello Morning Bid readers! The long-awaited summit between U.S. President Donald Trump and his Chinese counterpart Xi Jinping hogged the spotlight this week, despite producing little market-moving news. The real story remains the stalemate in the Middle…
U.S. President Donald Trump wraps up his visit to Beijing on Friday with a private meeting at Chinese leader Xi Jinping’s official residence before he departs for Washington. Trump has taken a decidedly rosy outlook on the U.S.-China relationship during this trip. But that has collided with some difficult truths about the thorniest issues between…
WASHINGTON (AP) — The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race. In a Thursday memo, Michael Kratsios, the president’s chief science and technology adviser, accused foreign…
BRATISLAVA, Slovakia (AP) — The flow of Russian oil to Slovakia through the Druzhba pipeline that crosses Ukraine has resumed, Slovak Economy Minister Denisa Saková said Thursday. Hungary and Slovakia have been locked in an escalating feud with Ukraine since Russian oil deliveries to Hungary and Slovakia were halted in January. Unlike most of the…
BRUSSELS (AP) — European Union envoys gathered on Wednesday with the majority cautiously optimistic that a massive loan to help meet Ukraine’s military and financial needs for the next two years may soon be approved after months of deadlock. At a meeting in Brussels, the envoys assessed whether Hungary might lift its veto on the…
The escalating standoff over the critical choke point threatened to deepen the energy crisis roiling the global economy and push the two countries toward renewed conflict, even as mediators expressed confidence that a new deal was within reach. The strait is closed until the U.S. blockade is lifted, Iran’s Revolutionary Guard navy said Saturday night….
WASHINGTON (AP) — The Iran war is darkening the outlook for the world economy — whether or not a fragile ceasefire holds, the head of the International Monetary Fund warned Thursday. IMF Managing Director Kristalina Georgieva said the fund will downgrade its forecast for the world economy next week. “Had it not been for this…
WELLINGTON, New Zealand (AP) — The head of the International Energy Agency said Monday that the global economy faces a “major, major threat” because of the Iran war. “No country will be immune to the effects of this crisis if it continues to go in this direction,” Fatih Birol told Australia’s National Press Club in…
PARIS (AP) — China warned Monday that U.S. President Donald Trump’s latest tariff moves could harm the countries’ trade relationship, at the end of high-level talks in Paris. Li Chenggang, China’s international trade representative, said the Chinese side had expressed serious concern about trade investigations into manufacturing in foreign countries that the Trump administration launched…