U.S.-China trade talks are progressing well and the United States aims to sign an initial deal this month, top Trump administration officials said on Friday, offering reassurance to global markets after nearly 16 months of tit-for-tat tariffs.
Deutsche Bahn is in exclusive talks with U.S. buyout group Carlyle over the sale of the German rail operator's Arriva international passenger transport unit, a person familiar with the matter said on Friday.
The U.S. Treasury said on Friday it was giving investors several more months to divest from Russian automaker GAZ , a company linked to Russian tycoon Oleg Deripaska that Washington sanctioned over Russia's "malign activity."
United Auto Workers leaders from Ford Motor Co's U.S. plants on Friday recommended approval of a tentative labor agreement that would allow the No. 2 U.S. automaker to avoid a strike like the one that cost its larger rival General Motors Co about $3 billion.
A Manhattan judge has dismissed Uber Technologies Inc's lawsuit challenging a New York City law limiting the number of licenses for ride-hailing services, the first such cap by a major American city.
Saudi Arabia's Crown Prince Mohammed bin Salman approved on Friday the go ahead of the initial public offering of state oil giant Aramco, five sources familiar with the matter told Reuters.
U.S. stocks rallied to close out the trading week on Friday as the S&P 500 set a closing record for the third time in five days after an upbeat U.S. jobs report and data on Chinese manufacturing eased concerns about slowing global growth.
The United States and China are on a good path to complete the first part of a trade agreement, but two additional phases will be needed to address all of China's "structural deadly sins," White House trade adviser Peter Navarro said on Friday.
California Governor Gavin Newsom said he will convene a meeting of PG&E shareholders and executives in Sacramento next week to speed up the resolution of the bankruptcy case that creates a new entity.
President Donald Trump said on Friday that talks on a trade agreement with China were coming along well, echoing comments by U.S. and Chinese officials of progress on an initial deal.
Saudi Arabia's Crown Prince Mohammed bin Salman on Friday agreed that the initial public offering of state oil giant Aramco will be announced on Sunday, five sources familiar with the matter told Reuters.
World equity markets surged and crude oil prices jumped on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth.
California Governor Gavin Newsom said he will convene a meeting of Pacific Gas and Electric Co executives, shareholders, wildfire victims, and PG&E's other creditors in Sacramento next week to speed up the resolution of the bankruptcy case that creates a new entity.
U.S. President Donald Trump on Friday suggested he could sign a long-awaited trade agreement with China in the farm state of Iowa, which has been hard hit by tariffs in a nearly 16-month trade war between the world's largest economies.
Britain will impose an immediate moratorium on fracking, the government announced on Saturday, saying the industry risked causing too much disruption to local communities through earth tremors.