Year: 2019

Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country’s oil ministry said.

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Neither the United States nor China raised the issue of trade at Friday’s joint session of finance and health ministers of the Group of 20 major economies, Japanese Finance Minister Taro Aso told reporters after the meeting.

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Days after stealing the Paris Airshow with a deal to sell 200 of the grounded 737 MAX, Boeing’s sales chief faces fallout from the discovery of a new flaw that will delay the jet’s return to service.

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Google appears to have misused its dominant position in India and reduced the ability of device manufacturers to opt for alternate versions of its Android mobile operating system, Indian officials found before ordering a wider probe in an antitrust case.

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Lego’s founding family and private equity firm Blackstone are taking Britain’s Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion.

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U.S. equity futures rose on Friday amid growing caution ahead of a crucial meeting between Presidents Donald Trump and Xi Jinping and the release of inflation data that could feed into the Federal Reserve’s decision on interest rates next month.

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Nordstrom Inc and Rent the Runway announced a partnership on Thursday that aims to draw more foot traffic into the department store while making the clothing rental service more convenient so it can improve service to existing customers and attract new ones.

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Stocks eked out meager gains on Friday before a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, capping gains on the best first half for global equities since 1997.

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Former Nissan Chairman Carlos Ghosn canceled what would have been his first news conference since he was arrested last year after his daughters expressed concern about the potential consequences, his lawyer said on Friday.

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Oil prices held near $67 per barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents over the weekend and on production cuts from OPEC on Monday.

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Electric vehicle (EV) maker Tesla Inc said on Friday a single battery module caused a car to catch fire in Shanghai and it had revised its vehicle settings to further protect its batteries following an investigation into the incident.

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U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping on a trade war that is casting a shadow on global growth, but said he had not made any promises about a reprieve from escalating tariffs.

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Lawyers for former pharmaceutical executive Martin Shkreli will urge a federal appeals court on Friday to overturn his criminal conviction for defrauding investors in hedge funds he founded.

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Former Nissan boss Carlos Ghosn abruptly canceled on Friday plans for what would have been his first press conference since his arrest in November after journalists had been notified about a briefing just two hours earlier.

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U.S. President Donald Trump on Friday said he had not promised Chinese President Xi Jinping a reprieve from escalating tariffs in a trade war that is casting a shadow on global growth, but felt their talks planned for the next day would be productive.

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