Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement.
Many Group of 20 leaders voiced concern over trade tensions and the risk they pose on the global economy at their meeting in Osaka, western Japan, on Friday, a senior Japanese government official said.
Morgan Stanley is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters.
Russian President Vladimir Putin said on Friday that his face-to-face meeting with U.S. President Donald Trump in Osaka would be a good opportunity to continue dialogue between the leaders following their summit in Helsinki last year.
Nissan ex-Chairman Carlos Ghosn will hold a press conference in Tokyo at 9 p.m. (1200 GMT) (0800 EDT) on Friday, according to a person familiar with the matter.
Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and seized on strong equity and debt capital markets to agree on transformative combinations.
California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for its involvement in the fierce wildfires that killed 46 people in Northern California’s wine country in 2017.
The United States on Friday urged Cambodia to investigate a Chinese-owned special economic zone after uncovering efforts by firms operating there to evade duties on products destined for export to the United States.
Attempts to lower the role of the World Trade Organisation (WTO) or to destroy it are counter-productive, Russian President Vladimir Putin said on Friday.
The Gulf region is in a very sensitive situation and is “standing at a crossroads of war and peace”, Chinese President Xi Jinping said on Friday, calling for calm and restraint and talks to resolve the issue.
German Chancellor Angela Merkel said her summit meeting with U.S. President Donald Trump on Friday would cover a wide range of topics including trade, investments, West Africa, counter-terrorism and Iran.
U.S. President Donald Trump made clear on Friday that trade was a top priority at a summit of leaders of Group of 20 nations, as Chinese leader Xi Jinping warned against rising protectionism and India and Russia defended multilateral trade rules.
The development of the global economy is largely driven by one-sided decisions and disputes felt by the entire system, Indian Prime Minister Narendra Modi said on Friday.
Japanese Prime Minister Shinzo Abe on Friday urged leaders from the Group of 20 major economies to deliver a strong message to support “free, fair and indiscriminate” trade as he expressed “deep concerns” over the current landscape of global trade.
Asian shares stumbled on Friday amid rising doubts that a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping this weekend could lead to an easing of trade tensions.
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