French shareholders in the planned merger of PSA and Fiat Chrysler are seeking reassurances that they will retain a numerical advantage on a combined board if CEO Carlos Tavares leaves, two sources close to PSA said.
For SoftBank Group Inc, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy.
The United States could levy tariffs against China if there are any disputes, White House economic adviser Larry Kudlow said about the U.S.-China "phase one" trade agreement announced on Friday.
The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of American farm products and other goods.
The S&P 500 and the Dow industrials were little changed on Friday after hitting record highs earlier in the session, as the United States and China announced an initial trade agreement, cooling tensions that have rattled markets.
Boeing Co has decided it will not compete as a prime contractor to replace the Pentagon's aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars.
Insurers of Philadelphia Energy Solutions (PES) have indicated they will make a second payment of $15 million from its property policy in connection to the June fire and subsequent shutdown of the plant, court documents showed.
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter.
U.S. stocks gained ground in early afternoon trading on Friday after a tumultuous morning, as a limited trade deal between the United States and China paved the way for a rise in technology shares.
China has agreed to buy $32 billion of additional U.S. farm products over two years as part of a phase one trade pact, U.S. Trade Representative Robert Lighthizer told reporters on Friday, adding the deal would be signed the first week of January.
The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of American farm goods.
Uber submitted an appeal on Friday against a decision by London's transport regulator to strip the taxi app of its right to operate in one its most important markets, setting up a potentially lengthy legal process during which it can continue to take rides.
Shares of OneConnect Financial Technology jumped 5% in their U.S. market debut on Friday, valuing the Chinese cloud tech firm at $3.79 billion.
The United States agreed to modify its tariffs on Chinese goods in a "significant way" under a phase one trade agreement with Beijing, while China would buy substantially more U.S. goods and services, the U.S. Trade Representative's office said on Friday.
The U.S. Attorney leading the investigation of corruption within the United Auto Workers (UAW) told Reuters on Friday the union's leadership still is not fully cooperating with the government, but that individuals are giving federal investigators tips that could expand the probe.