The U.S. Trade Representative's office on Friday filed a Federal Register notice suspending the 15% U.S. tariffs slated to go into effect on Sunday on Chinese goods worth about $160 billion after reaching a "phase one" trade deal with Beijing.
California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp , the state's largest investor-owned utility, saying its proposal fails to meet the requirements of a recently enacted wildfire law.
Chinese fintech company Ant Financial Services [ANTFIN.UL] and U.S. asset management firm The Vanguard Group have established a joint venture to provide retail investment advisory services in China, the companies said in a statement on Saturday.
U.S. President Donald Trump's limited trade deal with China removes a major hurdle for Apple and other technology stocks that have already surged this year to record highs.
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 ward off a sharper slowdown, policy sources said.
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 Saturday, citing anonymous sources.
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China and the United States' "phase one" trade agreement is good news for all and will "provide stability in global trade", the Chinese government's top diplomat Wang Yi said during a visit to Slovenia on Saturday.
U.S. Treasury Secretary Steven Mnuchin said on Saturday a "phase one" trade deal between the United States and China was "very good" for global economic growth, and added that the second phase could come in several steps.
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 Schweiz am Wochenende reported on Saturday.
U.S. Treasury Secretary Steven Mnuchin said on Saturday a "phase one" trade deal between the United States and China was "very good" for global economic growth, and added that the second phase could come in several steps.
Mexico's deputy foreign minister, Jesus Seade, said on Saturday he sent a letter to the top U.S. trade official expressing surprise and concern over a labor enforcement provision proposed by a U.S. congressional committee in the new North American trade deal.