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US sanctions against Venezuela scaring off banks

As the United States has quickly ratcheted up sanctions against Venezuela to pressure Nicolas Maduro, bankers say they are shying away from doing even legitimate business with the crisis-wracked oil-producing country for fear of getting caught in the crossfire. The sanctions target a...

US and China close to reaching major trade deal: report

The United States and China are close to reaching a major trade deal that would see both sides lower some of the tariffs imposed during an often-bitter trade war, a report said Sunday. Negotiators for the two sides have made substantial progress and a final accord is close to being hammered...