Exclusive: Sempra nears $3 billion Chile sale to China’s State Grid – sources
U.S. power company Sempra Energy is near an agreement to sell its Chilean business to State Grid Corporation of China for close to $3 billion,...
Boeing’s board separates CEO, chairman roles
Boeing Co said on Friday it was separating the roles of chairman and chief executive officer to allow CEO Dennis Muilenburg to focus full time...
QE on the QT? Fed says no, economists say maybe so
The U.S. Federal Reserve’s quick pivot from shrinking its balance sheet by around $50 billion per month to now expanding by $60 billion monthly, has...
Stocks off highs after trade deal announced; Brexit hopes boost pound
Stocks on Wall Street came off their highs in late trading after U.S. President Donald Trump announced a partial trade deal with China that could...
Wall Street jumps but ends off highs after partial trade deal
U.S. stocks ended more than 1% higher on Friday though well off the day’s highs after the announcement of a partial trade deal between the...
U.S. SEC halts Telegram’s $1.7 billion digital token offering
U.S. authorities said on Friday they have halted a $1.7 billion unregistered digital token offering by the messaging service Telegram Group Inc and its TON...
Thomas Cook failure spurs UK to act on airlifting tourists home
Britain’s government plans to introduce new legislation to make it easier and faster to bring home stranded holidaymakers after the collapse of tour company Thomas...
U.S., China agree ‘Phase 1’ trade deal; Trump suspends October tariff hike
The United States and China agreed on Friday to the first phase of a deal to end a trade war, prompting President Donald Trump to...
OxyContin maker Purdue gets brief shield from litigation
OxyContin maker Purdue Pharma LP won a court order on Friday briefly pausing the sprawling opioid litigation against the company so it can try to...
Mexican motor city ‘getting desperate’ as GM’s U.S. strike takes heavy toll
Half a continent away from the auto plants of Detroit, U.S. strikes at General Motors (GM) have sent shivers through the central Mexican city of...