WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later.“It wouldn’t be surprising at all if the net outcome of all this is some sort of a negotiation,” Ross said in an interview...Read More

(Reuters) - The Dow Jones Industrial Average sank more than 2 percent at the open on Wednesday as big U.S. manufacturers, grain merchants and chipmakers bore the brunt of a deepening trade conflict between China and the United States.The S&P 500 .SPX opened below its 200-day moving average, a key technical level.The Dow fell 506.21 points, or 2.11 percent, to 23,527.15. The S&P lost 40.7...Read More

Barclays downgraded the stock to "underweight" from "equal weight"Shares of PTC Therapeutics, Inc. (NASDAQ:PTCT) are trading lower this morning after Barclays downgraded the stock to "underweight" from "equal weight" while simultaneously raising its price target to $26 from $24. An analyst from the firm said the company's growth potential is already priced into the share price. PTCT was last seen...Read More

By Julia PayneLONDON, April 4 (Reuters) - Commodities trader Trafigura has signed an offtake agreement for cobalt hydroxide running to December 2020 with Shalina Resources and its subsidiary Chemaf, based in the Democratic Republic of Congo (DRC), Chemaf said in a statement on Wednesday.Interest in cobalt reflects a shift in the automotive industry to electric cars (EV), powered by lithium-ion bat...Read More

BA shares are hovering near the 100-day moving averageBoeing Co (NYSE:BA) stock had already been lagging in recent weeks based on a belief that a trade war with China would be a significant blow to the aerospace giant. These fears seem warranted now, after Beijing just announced new tariffs on dozens of U.S. products, including aircraft. Shares of the Dow component are trading down 4.6% at $315.52...Read More

Chinese tariffs have BA stock down almost 5% ahead of the bellFutures on the Dow Jones Industrial Average (DJI) are trading more than 480 points below fair value, as fears of a potential trade war with China ramp up after Beijing announced new tariffs on U.S. imports in response to Washington's threats of fresh duties on Chinese products. Included on China's list is a new levy for aircrafts, which...Read More

Mr. JohnWatson reportsNV GOLD ANNOUNCES CLOSING OF CDN$1,002,000 PRIVATE PLACEMENTNV Gold Corp. has closed its non-brokered private placement of $1,002,000 in units announced on March 19, 2018.The company sold 1.67 million units at 60 cents per unit.Each unit consists of one share and one-half of one warrant exercisable at 90 cents until April 3, 2020.The expiry date of each whole warrant is subj...Read More

Mr. JohnWatson reportsNV GOLD ANNOUNCES CLOSING OF CDN$1,002,000 PRIVATE PLACEMENTNV Gold Corp. has closed its non-brokered private placement of $1,002,000 in units announced on March 19, 2018.The company sold 1.67 million units at 60 cents per unit.Each unit consists of one share and one-half of one warrant exercisable at 90 cents until April 3, 2020.The expiry date of each whole warrant is subj...Read More

MOSCOW (Reuters) - Russia long saw Donald Trump as the wild card in its strategy to improve relations with the United States.But 14 months after he became U.S. president, Moscow is close to viewing him as a busted flush, unable to enact his pledge for better ties.Trump reluctantly signed off on new sanctions against Moscow last summer over allegations of Russian meddling in the 2016 U.S. president...Read More

Getty ImagesA now hiring sign posted on the side of the road in Baton Rouge, Louisiana. The numbers: Private-sector employers expanded their workforce by a seasonally adjusted 241,000 jobs last month, Automatic Data Processing Inc. reported Wednesday. That gain was well above forecasts from economists polled by Econoday, who had expected on average an increase of 185,000. This is the fifth straig...Read More

Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Wednesday it had increase to 90% its stake in Compa???-a Minera Teck Quebrada Blanca, which main asset is the namesake copper mine in Northern Chile.The Vancouver-based miner said the deal, worth $162.5 million, simplifies the ownership of Quebrada Blanca, giving Teck additional flexibility with respect to fin...Read More

Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Wednesday it had increase to 90% its stake in Compa???-a Minera Teck Quebrada Blanca, which main asset is the namesake copper mine in Northern Chile.The Vancouver-based miner said the deal, worth $162.5 million, simplifies the ownership of Quebrada Blanca, giving Teck additional flexibility with respect to fin...Read More

Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Wednesday it had increase to 90% its stake in Compa???-a Minera Teck Quebrada Blanca, which main asset is the namesake copper mine in Northern Chile.The Vancouver-based miner said the deal, worth $162.5 million, simplifies the ownership of Quebrada Blanca, giving Teck additional flexibility with respect to fin...Read More

(Reuters) - U.S. aerospace companies, automakers, grain merchants and chipmakers were the early casualties on Wednesday after China and the United States announced tariffs on $50 billion of imports, cementing fears they were spiraling towards a trade war.The speed with which the trade spat between Washington and Beijing is ratcheting up - the Chinese government took less than 11 hours to respond w...Read More

BEIJING (Reuters) - China will struggle to replace U.S. soybean supplies after implementing an additional 25 percent tariff on American shipments, likely inflicting severe financial pain on domestic companies, analysts and executives at feedmakers said.The world’s top importer of the oilseed will impose the tariffs on soybeans and 105 other U.S. products, state broadcaster CCTV said on Wedne...Read More

Vedanta Resources, controlled by billionaire Anil Agarwal, and other miners can transport already mined iron ore from Goa on which royalties have been paid, India's top court ruled on Wednesday, providing relief to the state's miners.India's Supreme Court in February quashed all iron ore mining permits in the southwestern state of Goa, one of the top producing states for the steel-making raw mater...Read More

Dr Cath O'Neill, chief executive of SkinBioTherapeutics PLC (LON:SBTX), tells Proactive they've granted access to their proprietary SkinBiotix technology to a major, global consumer goods company.Having shared the initial pre-clinical data with a number of interested parties, one potential partner to date has progressed to a material transfer agreement - a standard agreement governing the transfer...Read More

(Kitco News) - Gold prices are firmly higher in early U.S. trading Wednesday, as anxiety and riskaversion in the world marketplace are keen today, on fears of a majorU.S.-China trade war. June Comex gold futures were last up $10.20 an ounce at$1,347.60. May Comex silver was last up $0.058 at $16.45 an ounce.Fearsof a global trade war have ratcheted up a notch after China today announced abig list...Read More

(Kitco News)-Economic data is having little impacton the gold market after private-payrolls processor ADP reported stronger-than-expectedprivate-sector job growth last month.Wednesday,ADP said that 241,000 jobs were created in March. The report beat estimates asconsensus forecasts were looking for gains of 203,000 jobs. Along with last month's impressive job gains, February'snumbers were revised h...Read More

No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America-would soon go bankrupt.In fact, in June of 2...Read More