Mexico is set to propose senior trade official Jesus Seade, who helped rework the North American Free Trade Agreement, as a candidate to be the next director-general of the World Trade Organization (WTO), sources said on Sunday.
Japan's economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.
Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central bank should avoid pushing interest rates deeper into negative territory.
For 8 minutes and 46 seconds - the length of time it took George Floyd, an unarmed black man, to die at the hands of Minneapolis police - cable TV kids channel Nickelodeon's screen went black on Tuesday to sounds of inhaling and exhaling, as white text flashed "I can't breathe."
Malaysia's new government would not be willing to accept even compensation of $3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a figure that is far higher than the bank offered last year.
OPEC and its allies led by Russia are "most likely" to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.
Privet has a history of selective, productive shareholder activism and is not a short-term activist.
During downturns, companies usually invest in automation to save on labor costs. Here's why we'll see even more of that during the coronavirus pandemic.
Volkswagen <VOWG_p.DE > is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday.
Providing Americans with steady monthly income was debated before the coronavirus pandemic. Experts say one Senate proposal should be judged by how well it would get money to those who need it.
HSBC Holdings Plc Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday.
Allianz is in talks with Chinese regulators for a licence as the German insurer looks to eventually offer broad asset management services in the world's second-largest economy.
European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead to a significant pick-up in business activity, Bank of America analysts said on Friday.
Facebook Inc will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer will block any ads from such outlets that target U.S. users, it said on Thursday.
World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe's stimulus boost, fuelling hopes for a global rebound.