Business
Latest stories
China Says in 'Close' Contact with US as Tariff Threat Looms

Beijing and Washington are keeping in "close" contact over a potential phase-one deal to resolve their trade war, China's commerce ministry said Thursday, days before another possible tariffs salvo.

Negotiators are still trying to hammer out a mini agreement, but tensions could escalate again if President Donald Trump goes through with a planned increase in import levies on Sunday.

W140 Full Story
Saudi Aramco Surges on Second Day of Listing

Energy giant Saudi Aramco's share price surged on Thursday, the day after its market debut, briefly raising the company's worth to a $2 trillion milestone before falling back.

W140 Full Story
Sterling Rebounds on Eve of UK Election

The British pound bounced back Wednesday ahead of a UK general election, even as a fresh poll predicted Prime Minister Boris Johnson's ruling Conservatives would win a much smaller majority than previously forecast.

W140 Full Story
Maldives Seeks to Restructure China Debt after Years of Heavy Borrowing

The Maldives is seeking a "diplomatic" solution to restructure its Chinese debt as the small but strategically located atoll nation struggles with repayments, the foreign ministry has said.

W140 Full Story
Saudi Aramco Shares Soar Maximum 10% on Market Debut

Saudi Aramco shares soared 10 percent to the daily limit on their trading debut on the Saudi stock exchange Wednesday, boosting the energy giant's valuation to a massive $1.88 trillion.

W140 Full Story
Asian Markets Struggle for Traction as Trade Concerns Fester

Asian markets mostly rose Wednesday but investors are growing nervous at the lack of news on China-US trade talks, with Washington yet to cancel tariffs on a swathe of Chinese goods planned for the weekend.

W140 Full Story
French Watchdog Fines Morgan Stanley for Bond Price Manipulation

France's financial markets regulator said Tuesday it had fined US bank Morgan Stanley 20 million euros ($22 million) for market manipulation at the height of the Greek debt crisis.

W140 Full Story
Strong U.S. Jobs Report Pushes Stocks Back to Record Turf

Wall Street stocks rose back into record territory early Friday following a blowout November jobs report that reassured on the U.S. economy.

W140 Full Story
Canada Sheds 71,000 Jobs in November

Canada lost 71,000 jobs in November, pushing its unemployment rate up to 5.9 percent -- its highest level in more than a year, according to government data released Friday.

W140 Full Story
OPEC and Partners Agree to 500,000 Barrel Per Day Production Cut

The OPEC group of oil producing countries and their allies -- including Russia -- agreed on Friday to a production cut of 500,000 barrels per day in addition to their current agreement.

W140 Full Story