Exclusive: China’s BAIC raising Daimler stake to unseat Geely as top shareholder – sources
Daimler’s main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board...
Aramco shares inch up in early Sunday trade
Saudi Aramco shares were up 1% at 37.2 riyals ($9.89) in early trade on Sunday....
Aramco indicative share price up slightly to 37 riyals
Saudi Aramco’s shares went up slightly to 37 Saudi riyals ($9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company’s market value...
China suspends planned tariffs scheduled for Dec. 15 on some U.S. goods
China has suspended the planned additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff...
Swiss body considers ban on Swatch unit selling parts – Schweiz am Wochenende
A Swatch unit that supplies parts to much of the watch market faces a possible sales ban next year by Switzerland’s Competition Commission (Weka), newspaper...
China to target around 6% growth in 2020, step up state spending: sources
China plans to set a lower economic growth target of around 6% in 2020 from this year’s 6-6.5%, relying on increased state infrastructure spending to...
Renault offers CEO job to SEAT’s Luca De Meo, says La Vanguardia
French carmaker Renault has offered the chairman of Volkswagen’s SEAT brand, Luca de Meo, the job of chief executive, Spanish newspaper La Vanguardia reported on...
U.S. Justice Department preparing legal action against Live Nation: source
The U.S. Justice Department is preparing to take legal action against Live Nation Entertainment on allegations the concert promoter has sought to strong-arm concert venues...
California governor rejects PG&E bankruptcy reorganization plan
California Governor Gavin Newsom on Friday rejected the bankruptcy reorganization plan submitted by PG&E Corp , the state’s largest investor-owned utility, saying the proposal fails...
Exclusive: Hudson’s Bay’s take-private deal falls short – sources
Saks Fifth Avenue owner Hudson’s Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department...