Business & Finance News
A General Electric (GE) factory in eastern France where the U.S. group is planning job cuts will not close down, and the firm is looking into alternatives there including building aeronautical parts, GE’s French boss said in a media interview.
Mexico’s president on Saturday hinted his country could tighten migration controls to defuse U.S. President Donald Trump’s threat to impose tariffs on Mexican goods, and said he expected “good results” from talks planned in Washington next week.
An anonymous bidder has agreed to pay a record $4,567,888 at an annual charity auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc.
Mexico’s president said on Saturday he expected “good results” from talks planned in Washington about U.S. President Donald Trump’s threat to impose tariffs on Mexican goods, and floated the possibility Mexico could tighten controls on migration.
China will investigate whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency said on Saturday, after Chinese telecoms giant Huawei said parcels intended for it were diverted.
Mexican President Andres Manuel Lopez Obrador said on Saturday he was encouraged by U.S. willingness to have dialogue over a plan by President Donald Trump to impose tariffs on Mexican goods and said he expected good results from a meeting in the coming days with the American side.
Kim Bo-Min, a Starbucks barista, paid 140,000 won ($118) for a round-trip from her hometown of Daegu to the popular resort island of Jeju, arriving on T’Way Air Co Ltd, part of South Korea’s rapidly growing low-cost airline sector.
China will open an investigation into whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency reported on Saturday.
The information office of China’s State Council, or cabinet, said it would release a white paper on U.S.-China trade talks on Sunday, the official Xinhua news agency reported.
The United States began collecting higher, 25% tariffs on many Chinese goods arriving in U.S. seaports on Saturday morning in an intensification of the trade war between the world’s two largest economies and drawing retaliation from Beijing.
The Indian government said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by U.S. President Donald Trump to end preferential trade treatment for India from June 5.
French energy company Total said on Friday that it expected Papua New Guinea’s incoming government to honour a contract signed by the previous administration for a liquefied natural gas project in the South Pacific archipelago.
Total will take over Toshiba’s U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through.
A U.S. judge on Friday denied Facebook Inc.’s request to dismiss a lawsuit by the Washington, D.C. attorney general over the social media giant’s improper sharing of 87 million users’ data with British political consulting firm Cambridge Analytica.
The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the tech giant broke antitrust law in operating its sprawling online businesses, two sources familiar with the matter said.
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