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Updated: 9 hours 13 min ago

Aramco meets investors in last-minute bid to hit $2 trillion IPO target - sources

Sat, 11/02/2019 - 08:38
Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion (£1.55 trillion) valuation ahead of an expected Sunday announcement that the initial public offering (IPO) will go ahead, according to three sources.

Phase one trade deal with China is in good shape - U.S. Commerce Secretary

Sat, 11/02/2019 - 08:37
The initial "phase one" trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday.

U.S.-China trade deal in sight after progress in high-level talks

Sat, 11/02/2019 - 08:37
The United States and China on Friday said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed the global economy, and U.S. officials said a deal could be signed this month.

President Xi goes to Iowa? Trump floats farm state to seal trade deal

Sat, 11/02/2019 - 08:37
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.

'Deja vu': Argentina braced for new round of debt talks with markets stalled

Sat, 11/02/2019 - 08:32
Argentine markets held steady on Friday morning at the end of the first business week since voters chose a new left-wing government, as investors watched for signs about future economic policy and plans for crunch debt talks with creditors.

Argentine President-elect Fernandez holds call with Trump

Sat, 11/02/2019 - 08:32
U.S. President Donald Trump called Argentine President-elect Alberto Fernandez to congratulate the center-left politician for winning Sunday's election and discuss the South American country's troubled economy.

Take Five - Marking the end of a 30-year peace dividend?

Sat, 11/02/2019 - 06:48
Nov. 9 marks 30 years since the Berlin Wall fell – an event many see as the starting gun for the latest wave of globalisation.

S&P 500, Nasdaq set records on jobs data, trade headway

Sat, 11/02/2019 - 04:52
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.

U.S.-China trade accord will require three phases - White House adviser

Sat, 11/02/2019 - 03:19
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.

Trump says trade deal with China coming along well

Sat, 11/02/2019 - 02:51
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.

Waymo tests 'rider only' service and looks beyond robo-taxis

Sat, 11/02/2019 - 02:38
(This 28 October story removes erroneous reference in paragraph 6 to regulations preventing the use of autonomous trucks)

White House will look 'very carefully' at Peugeot, Fiat Chrysler deal - Kudlow

Sat, 11/02/2019 - 02:31
U.S. President Donald Trump's administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry Kudlow said on Friday.

Italy's economy minister expressed appreciation to FCA Chairman for Peugeot deal - sources

Sat, 11/02/2019 - 02:31
Italy's Economy Minster Roberto Gualtieri expressed his appreciation to Fiat Chrysler Chairman John Elkann for a planned merger with France's automaker PSA , government sources said on Friday.