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BEIJING, March 23 (Reuters) - China has never deliberately pursued a trade surplus with the United States, Shu Jueting, a commerce ministry spokesperson, said on Thursday, despite signs that China is continuing to reduce its reliance on American exports.

7 shows that exports to China increased by $2.4 billion on the year to hit a "record high" of $153.8 billion in 2022, that is an "empty statement", according to a new report from the Peterson Institute for International Economics (PIIE). It identifies inflation as primarily responsible for this figure.

The states said the automakers had failed to take adequate steps to address the alarming rate of theft and urged them to accelerate the implementation of the software upgrade and provide free alternative protective measures for owners whose cars cannot support the software upgrade.

OTTAWA, March 24 (Reuters) - The United States and Canada pledged to work together on several issues, including migration, defense and security, the two countries said on Friday after a meeting between U.S.
President Joe Biden and Canadian Prime Minister Justin Trudeau.

stock indexes tumbled more than 1% on Tuesday and the S&P 500 logged its biggest percentage decline in two weeks, after Powell told U.S. lawmakers the Fed would likely need to raise rates more than expected in response to strong data.

BRUSSELS, March 20 (Reuters) - European Union member states have reached an agreement on the joint procurement of ammunition for Ukraine, German Defence Minister Boris Pistorius said on the sidelines of a meeting with his EU counterparts in Brussels on Monday.

Forward 12-month earnings estimates for semiconductor companies declined 28% from June of last year to January, the largest such downward revision in a decade, according to Stacy Rasgon, an analyst at Bernstein.

Canada and the United States also acknowledged "the serious long-term challenge to the international order posed by the People's Republic of China, including disruptive actions such as economic coercion, non-market policies and practices, and human rights abuses," the two countries said in a joint statement.

And even when they become good enough to be useful, they would have to be paired with powerful digital computers to operate, said Sivan. While quantum computers could potentially speed up some calculations millions of times faster than the fastest supercomputer, it is still uncertain when that would happen.

"Today, we will sign the respective documents," he told reporters, adding Germany would also open its national framework contracts with the defense industry to other partners as speed was of the essence in supplying Kyiv.

All our activities did very well," CEO Torbjorn Tornqvist told Reuters on the sidelines of the Financial Times Commodities Global Summit, declining to give figures as the firm's results are still being finalised. "It was a very, very good year.

This is particularly important in the current climate. Why do you think it's important to invest? 
'The motif behind investing can be different from person to person. For me, the goal is financial freedom and offsetting the negative effects of inflation.

The DOJ and the financial market regulator the CFTC have continued investigating the firm and Gunvor expects to pay a fine.
"We are looking at whether to take a provision on our books for 2022," Tornqvist said.

March 23 (Reuters) - Wall Street was set to open higher on Thursday after the Federal Reserve hinted it was close to pausing interest rate hikes amid a turmoil in the banking sector that threatens to cause a severe economic downturn.

BRUSSELS, March 20 (Reuters) - Microsoft Corp's remedies to address European Union antitrust concerns over its $69 billion acquisition of Activision focus only on cloud gaming services, with no mention of rival Sony, people familiar with the matter said on Monday.

"Our commitment to grant long term 100% equal access to Call of Duty to Sony, Steam, NVIDIA and others preserves the deal's benefits to gamers and developers and increases competition in the market," a Microsoft spokesperson said.

Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.

Nvidia is also partnering with AT&T Inc to make dispatching trucks more efficient, collaborating with quantum computing researchers to speed software development, and working with industry giant Taiwan Semiconductor Manufacturing Co to speed up chip development, Huang added.

LAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters.

We think Europe was able to cover about half... That´s about 1,000 LNG cargoes. Some of it is weather related," he said. "Europe was taking about 110 billion cubic meters per year from Russia. and the rest is demand destruction, close to 20%.