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Sino-U.S. trade truce hopes rekindle risk appetite

Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.



6 years ago

Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

Bayer shares jumped on Thursday after the chemicals group beefed up plans to tackle multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has revealed a sizeable stake in the company.



6 years ago

ADNOC closes $4 billion pipeline deal with KKR and BlackRock

Abu Dhabi National Oil Company (ADNOC) said on Thursday it had completed a deal for BlackRock and KKR to buy a 40% stake in ADNOC Oil Pipelines for $4 billion.



6 years ago

Airlines body IATA urges regulators to co-ordinate on re-entry to service of Boeing 737 MAX

Global airlines on Thursday urged regulators to coordinate on technical requirements and timelines for the safe re-entry to service of the Boeing 737 MAX, which was grounded in March after two fatal accidents.



6 years ago

Oil slips to $66 ahead of G20, OPEC meeting

Oil slid to around $66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite the prospect of continued OPEC curbs.



6 years ago

Bayer lifted by new plan to tackle glyphosate lawsuits, Elliott approval

Bayer shares jumped on Thursday after it revealed plans aimed at resolving multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has taken a sizeable stake in the chemicals company.



6 years ago

China urges U.S. to cancel sanctions on Huawei as Trump-Xi meeting looms

The United States should immediately cancel sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are due to meet for talks on trade.



6 years ago

China's Xi to present Trump with terms for settling trade fight: WSJ, citing Chinese officials

Chinese President Xi Jinping plans to present U.S. President Donald Trump with a set of terms the United States should meet before Beijing is ready to settle their trade dispute, the Wall Street Journal reported on Thursday.



6 years ago

Oil slips below $66 ahead of G20, OPEC meeting

Oil slid below $66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite the prospect of continued OPEC curbs.



6 years ago

Singapore Airlines, Malaysia Airlines to explore wide-ranging strategic partnership

Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday.



6 years ago

Nissan's Saikawa gets lowest approval among directors endorsed at AGM: filing

Nissan Motor Co Chief Executive Hiroto Saikawa had the lowest approval among the 11 directors endorsed by shareholders at its annual general meeting (AGM) this week, gaining only 78% of the votes, a filing showed on Thursday.



6 years ago

Bitcoin slides 12%, ending recent surge

Bitcoin's price skidded 12% lower on Thursday to around $11,383 after hitting an 18-month high of nearly $14,000 earlier this week.



6 years ago

Ford to cut 12,000 jobs in Europe by end of 2020

Ford said it will have cut 12,000 jobs in Europe by the end of next year to try to return the business to profit, part of a wave of cost reductions in an auto industry facing stagnant demand and record-level investments to build low emission cars.



6 years ago

China urges U.S. to lift sanctions on Huawei as Trump-Xi meeting looms

The United States should immediately remove sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are due to meet for talks on trade.



6 years ago

Singapore Airlines, Malaysia Airlines to explore wide-ranging partnership

Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday.



6 years ago