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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Shares in French media group Vivendi jumped on Friday after it posted higher third-quarter revenue and said that a potential sale of a stake in its Universal Music Group (UMG) was attracting buyer interest.
Cathay Pacific Airways Ltd has shelved plans for its first U.S. dollar debt deal in 23 years, the airline said on Friday, after sources told Reuters that global investors had baulked at the pricing due to civil unrest in Hong Kong.
Credit Suisse will start charging wealthy clients with large cash deposits in Swiss francs, the latest Swiss bank to pass on negative interest rates to customers.