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Intel says customers stockpiling chips on US-China woes

Intel last night forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast, allaying concerns about a global semiconductor sales slowdown and curbs on US sales to China's Huawei Technologies.
Business • 26 Jul 19

IMF sees dangers from trade tensions, overvalued dollar

The International Monetary Fund said today that the US dollar was overvalued by 6% to 12%, based on near-term economic fundamentals.
Business • 17 Jul 19

Oil inches down as inventory data counters deal hopes

Oil prices declined today as data suggesting a smaller-than-expected fall in US crude inventories countered support from hopes for a US-China trade deal.
Business • 19 Jun 19

Oil prices slip for second day on global growth worries

Oil prices fell for a second day today on signs that global economic growth is being hit by the US-China trade war, although losses were limited by tensions in the Middle East after last week's tanker attacks.
Business • 18 Jun 19

Alibaba says US-China trade war ends US jobs promise

Alibaba chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the US due to US-China trade tensions, Chinese news agency Xinhua has reported.
Business • 20 Sep 18

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