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Iran eyes private oil exports to help beat U.S. sanctions

DUBAI (Reuters) – Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday. Iranian Vice President Eshaq Jahangiri speaks during a news…

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Halfway through, 2018 delivers little to S&P 500 investors

SAN FRANCISCO (Reuters) – Halfway through 2018, investing in Wall Street’s leading S&P 500 stock index has been nothing to shout about. FILE PHOTO: People walk by a Wall Street sign close to the New York Stock Exchange (NYSE) in New York, U.S., April 2, 2018. REUTERS/Shannon Stapleton/File Photo – RC1F11C013D0 The…

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China factory growth slows in June as trade tensions rise

BEIJING (Reuters) – Growth in China’s manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns about a slowdown in the world’s second-biggest economy. FILE PHOTO: A labourer works inside an electronics factory in Qingdao, Shandong province, China…

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