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Trump hopes U.S.-China trade deal will be signed by middle of November

U.S. President Donald Trump on Friday said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17.



4 years ago

Opioid settlement talks fail, landmark trial expected Monday: attorney

A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a settlement on Friday that had been expected to be valued at up to $50 billion.



4 years ago

Boeing 737 MAX test pilot grappled with simulator flaws, too

In newly released text messages from 2016, a top Boeing 737 MAX test pilot tells a colleague that the jet's MCAS flight control system - the same one linked to two fatal crashes - was "running rampant in the (simulator) on me."



4 years ago

Mnuchin backs proposal to double IMF's crisis fund

U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion crisis lending fund as part of a deal to maintain overall IMF resources.



4 years ago

Exclusive: Huawei in early talks with U.S. firms to license 5G platform - Huawei executive

Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday.



4 years ago

Opioid settlement talks fail, landmark trial expected Monday

A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a settlement on Friday that had been expected to be valued at around $50 billion.



4 years ago

China's GDP growth grinds to near 30-year low as tariffs hit production

China's third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support.



4 years ago

AB Volvo truck orders tumble after profit beats forecast in third quarter

Sweden's AB Volvo on Friday reported a sharp fall in order intake of its heavy-duty trucks in the third quarter and forecast double-digit percentage declines in commercial vehicles markets on both sides of the North Atlantic next year.



4 years ago

Apple's Cook meets China regulator after pulling Hong Kong app

Apple Inc CEO Tim Cook met the chief of China's market regulator in Beijing on Thursday, the Chinese agency said, a week after the U.S. firm was thrust into the midst of political tensions between the mainland and protesters in Hong Kong.



4 years ago

Oil ebbs as China's slowest GDP growth in almost three decades stokes demand fears

Oil prices slid on Friday on jitters over demand from China after the world's largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.



4 years ago

Holiday Inn-owner IHG bruised by weak bookings in China, Hong Kong

Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and protests in Hong Kong for a 0.8% fall in quarterly revenue per room on Friday, the latest company to be pinched by weaker global travel.



4 years ago

Asian shares slump after weak China GDP, pound retreats

Asian stocks stumbled on Friday, erasing earlier gains after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal.



4 years ago

AB Volvo truck orders tumble as markets hit brakes in third-quarter

Sweden's AB Volvo on Friday reported a sharp fall in order intake of its trucks in the third quarter and forecast slumping market demand on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.



4 years ago

Going Dutch? Low interest rates rattle 'world's best' pension system

When Frans Kolkman hung up his police badge in 2017, he was looking forward to a comfortable retirement. Two years later he's among millions of Dutch pensioners facing a cut and fearing there may be worse to come.



4 years ago

Factbox: Dutch pension pots stand out among global retirement funds

The world's rich nations face a double-whammy, with ageing populations meaning more retirees -- just as low and negative interest rates make it harder for pension funds to secure the investment returns needed to fill up their coffers.



4 years ago