U.S. stocks seesawed between slight gains and losses on Friday, as investors kept away from making big bets ahead of a trade meeting between the United States and China that could decide the course of a bitter trade dispute between the two economies.
General Motors Co Chief Executive Mary Barra plans to visit Capitol Hill next week to discuss the company’s plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides said on Friday.
French President Emmanuel Macron met Japanese Prime Minister Shinzo Abe and stressed that the Renault-Nissan alliance should be preserved, following Chairman Carlos Ghosn’s arrest in Tokyo, an Elysee official said on Friday.
The leaders of the world’s largest economies opened talks on Friday overshadowed by U.S. President Donald Trump’s threat to escalate tariffs on imports from China as well as military tensions between Russia and Ukraine.
SKF has reached a settlement with Daimler over the Swedish engineering group’s alleged participation in a ball bearings cartel, drawing a line under its disputes with automakers over this issue.
Oil prices retreated further on Friday amid a global glut, racking up a 20 percent drop for November, while most major equity markets kept moves tight ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping.
Thousands of demonstrators gathered in Buenos Aires on Friday to march against the G20’s economic policies as the world’s leading industrialized nations opened their annual summit in the Argentine capital.
U.S. President Donald Trump said on Friday there were some good signs on talks with China ahead of his meeting with Xi Jinping on Saturday.
Russia’s energy minister Alexander Novak will meet his Saudi counterpart at the G20 summit in Argentina and discuss an oil output reduction in 2019, RIA news agency cited Novak as saying on Friday.
SKF has reached a settlement with Daimler more than a year after the German automaker sued the Swedish engineering group over its alleged participation in a ball bearings cartel.
The United States, Canada and Mexico signed a North American trade pact on Friday, and President Donald Trump brushed aside difficulties he may have in getting the deal through U.S. Congress, where the opposition Democrats will control one of its two chambers from January.
U.S. stocks were trading flat on Friday as investors stayed away from making bets ahead of a much-awaited meeting between the United States and China that could decide the course of a bitter trade dispute between the two economies.
PVH Corp on Friday allayed investor concerns over its Calvin Klein business and said early holiday sales were above its expectations, sending its shares up as much as 5 percent.
Vodafone’s $21.8 billion proposed acquisition of Liberty Global’s assets in Germany and eastern Europe is likely to face a full EU antitrust investigation, a person familiar with the matter said.
Italian major Eni is in talks to grow its footprint in Oman and the United Arab Emirates as part of plans to build its asset base in the oil-rich Gulf and offset its reliance on Africa, a source close to the matter said.
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