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Business News

Russia agrees with Saudi to extend OPEC deal by 6-9 months: Putin

June 29, 2019 admin Comments Off on Russia agrees with Saudi to extend OPEC deal by 6-9 months: Putin

Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production, Russian President Vladimir Putin said.

…read more […]

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China says joint interests with U.S. greater than differences

June 29, 2019 admin Comments Off on China says joint interests with U.S. greater than differences

The joint interests of China and the United States are greater than the differences, a senior Chinese diplomat said on Saturday, following talks between the two countries’ presidents at a G20 summit in Japan.

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Trump says agreed U.S. won’t raise tariffs, China will buy U.S. farm goods

June 29, 2019 admin Comments Off on Trump says agreed U.S. won’t raise tariffs, China will buy U.S. farm goods

U.S. President Donald Trump said he and his Chinese counterpart Xi Jinping agreed on Saturday that the United States would refrain from raising levies on Chinese imports for now while China would buy more U.S. agricultural products.

…read more […]

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G20 leaders sidestep trade protectionism in communique

June 29, 2019 admin Comments Off on G20 leaders sidestep trade protectionism in communique

Group of 20 leaders stopped short of denouncing protectionism, instead calling for the need to realize a “free, fair, non-discriminatory” trade environment in a communique issued after their two-day meeting in Osaka, western Japan, on Saturday.

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Japan Abe says G20 leaders confirm need for free, fair trade

June 29, 2019 admin Comments Off on Japan Abe says G20 leaders confirm need for free, fair trade

Group of 20 leaders have clearly confirmed the need for a free, fair and non-discriminatory trade policy, Japanese Prime Minister Shinzo Abe said on Saturday, suggesting that members have agreed to the wording to be included in their communique.

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‘Back on track’: China and U.S. agree to restart trade talks

June 29, 2019 admin Comments Off on ‘Back on track’: China and U.S. agree to restart trade talks

The United States and China agreed on Saturday to restart trade talks and Washington will not levy new tariffs on Chinese exports, China’s foreign ministry said, raising hopes for the world’s two largest economies to resolve their trade war.

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Xi tells Trump he hopes U.S. treats Chinese firms fairly

June 29, 2019 admin Comments Off on Xi tells Trump he hopes U.S. treats Chinese firms fairly

Chinese President Xi Jinping told U.S. President Donald Trump on Saturday that he hopes the United States can treat Chinese companies fairly, China’s Xinhua state news agency reported.

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China agrees to restart U.S. trade talks as Trump says ‘back on track’

June 29, 2019 admin Comments Off on China agrees to restart U.S. trade talks as Trump says ‘back on track’

The United States and China have agreed to restart trade talks and Washington will not level new tariffs on Chinese exports, China’s official Xinhua news agency said on Saturday, as U.S. President Donald Trump said the talks were “back on track”.

…read more […]

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Ghosn’s wife steps up call for G20 leaders to help her husband

June 29, 2019 admin Comments Off on Ghosn’s wife steps up call for G20 leaders to help her husband

The wife of ousted Nissan Chairman Carlos Ghosn has again called on world leaders, who have gathered in Japan for a G20 summit, to help raise the issue of her husband’s treatment in the country where he is facing financial misconduct charges.

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U.S. will not level new tariffs on Chinese exports: Xinhua

June 29, 2019 admin Comments Off on U.S. will not level new tariffs on Chinese exports: Xinhua

The United States will not levy new tariffs on Chinese exports, China’s official Xinhua news agency said on Saturday, following talks between the two countries’ leaders.

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Heavily indebted Pemex says will merge units to save money

June 29, 2019 admin Comments Off on Heavily indebted Pemex says will merge units to save money

The board of heavily indebted Mexican state oil company Pemex [PEMEX.UL] has unanimously approved a merger of four of its subsidiaries into two units, the company said in a statement on Friday.

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Mexico’s president says big bank loan shows confidence in Pemex

June 29, 2019 admin Comments Off on Mexico’s president says big bank loan shows confidence in Pemex

An $8 billion syndicated loan to Mexico’s national oil company Pemex is a sign of confidence by more than 20 banks involved in the operation, Mexican President Andres Manuel Lopez Obrador said on Friday, after a recent credit downgrade for the firm.

…read more […]

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Trump, Xi hold high-stakes trade war talks at G20 in Japan

June 29, 2019 admin Comments Off on Trump, Xi hold high-stakes trade war talks at G20 in Japan

U.S. President Donald Trump said on Saturday he was open to a potentially “historic” trade deal with Chinese President Xi Jinping, as they began talks that could ease tensions or plunge the world’s two largest economies into a deeper trade war.

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Trump says it would be ‘monumental’ if U.S. can reach deal with China

June 29, 2019 admin Comments Off on Trump says it would be ‘monumental’ if U.S. can reach deal with China

U.S. President Donald Trump said on Saturday he was open to a trade deal with Chinese President Xi Jinping that would be “monumental”, as they began high-stake talks that could ease tensions or plunge the world’s two largest economies into a deeper trade war.

…read more […]

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Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020

June 29, 2019 admin Comments Off on Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020

Theranos founder Elizabeth Holmes and her former second-in-command at the Silicon Valley blood-testing startup were ordered on Friday to stand trial next year on fraud charges stemming from their claims about the company’s technology, court documents show.

…read more […]

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