U.S. extends divestiture deadline for sanctioned Russian firm GAZ
The U.S. Treasury said on Friday it was giving investors several more months to divest from Russian automaker GAZ , a company linked to Russian...
Deutsche Bahn in exclusive talks with Carlyle for Arriva sale
Deutsche Bahn is in exclusive talks with U.S. buyout group Carlyle over the sale of the German rail operator’s Arriva international passenger transport unit, a...
AT&T adds Seagate chairman Stephen Luczo to board
AT&T Inc said on Friday it named Seagate Technology Plc chairman Stephen Luczo to its board, days after the second-largest U.S. wireless phone carrier by...
Factbox: GM strike sends ripples across auto parts suppliers
Several auto parts makers and suppliers have lowered their full-year forecasts and disclosed hits to quarterly earnings from the 40-day strike at No.1 U.S. carmaker...
Clarida says U.S. economy, Fed policy ‘in a good place’
The Federal Reserve’s three interest rate cuts this year have provided “significant support” for the U.S. economy whose full effects are yet to be felt,...
S&P 500, Nasdaq hit record highs on U.S. jobs report, China data
Wall Street’s main indexes climbed on Friday, as concerns over global growth were allayed by largely upbeat U.S. jobs report and data out of China...
Google taps fitness tracker market with $2.1 billion bid for Fitbit
Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on Apple and Samsung in the...
Oil rises 2% on hopes for U.S.-China trade deal
Oil prices rose 2% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and...
Exxon, Chevron earnings fall on lower oil and gas prices
Exxon Mobil Corp and Chevron Corp on Friday posted sharply lower quarterly results despite increases in oil and gas production as lower energy prices soured...
China may impose $3.58 billion in annual trade sanctions on U.S.: WTO panel
A World Trade Organization (WTO) panel said on Friday that China could slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S....