Aramco shares up 1.6% in third consecutive day of gains
- Saudi Aramco shares gained for a third consecutive day on Sunday, rising 1.63% to 37.4 Saudi riyal ($9.97), pushing the company's value back toward the $2 trillion level it topped last week.
Sun, 15 Dec 2019 07:43:17 -0500
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Telenor says Huawei will still play role in 5G rollout
- Telenor will use equipment from Huawei in building Norway's 5G network, the telecoms operator said on Sunday, one of several companies to continue working with the Chinese company despite U.S. pressure.
Sun, 15 Dec 2019 07:03:06 -0500
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Villains or visionaries? Hedge funds short companies they say 'greenwash'
- Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity.
Sun, 15 Dec 2019 05:26:00 -0500
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California governor rejects PG&E bankruptcy reorganization plan
- California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp , the state's largest investor-owned utility, saying its proposal fails to meet the requirements of a recently enacted wildfire law.
Sun, 15 Dec 2019 05:23:14 -0500
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Exclusive: China's BAIC raising Daimler stake to unseat Geely as top shareholder - sources
- Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters.
Sun, 15 Dec 2019 04:45:38 -0500
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China suspends planned tariffs scheduled for Dec. 15 on some U.S. goods
- China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council's customs tariff commission said on Sunday, after the world's two largest economies agreed a "phase one" trade deal on Friday.
Sat, 14 Dec 2019 23:40:23 -0500
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Mnuchin says trade deal with China to boost global economy
- U.S. Treasury Secretary Steven Mnuchin said on Saturday a "phase one" trade deal between the United States and China was "very good" for global economic growth, and added that the second phase could come in several steps.
Sat, 14 Dec 2019 22:10:18 -0500
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U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
- (This Dec. 13 story corrects title of Eller to legislative, not executive, director, paragraph 18)
Sat, 14 Dec 2019 22:10:18 -0500
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Mexico objects to labor enforcement provision in North American trade deal
- Mexico's deputy foreign minister, Jesus Seade, said on Saturday he sent a letter to the top U.S. trade official expressing surprise and concern over a labor enforcement provision proposed by a U.S. congressional committee in the new North American trade deal.
Sat, 14 Dec 2019 17:30:35 -0500
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Swiss body considers ban on Swatch unit selling parts - Schweiz am Wochenende
- A Swatch unit that supplies parts to much of the watch market faces a possible sales ban next year by Switzerland's Competition Commission (Weka), newspaper Schweiz am Wochenende reported on Saturday.
Sat, 14 Dec 2019 10:57:11 -0500
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