Can we have it both ways? For two decades, trade expansion has fueled rapid global economic growth. But with trade volumes contracting at a rate of more than 1% year-on-year and the Sino-U.S trade war nearing its two-year anniversary, world growth will plumb decade-lows next year, the Organisation for Economic Co-Operation and Development predicts.
AstraZeneca shares rose 2.7% on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie .
An Italian judge has pushed back to Nov. 29 a deadline to settle a dispute between Italian private broadcaster Mediaset and its number 2 shareholder French media group Vivendi , two legal sources said on Friday.
Italian broadcaster Mediaset will hold a special shareholder meeting to try and reach agreement with Vivendi over its plan to set up a holding company, the Italian firm said on Friday, as the pair head to court to try and resolve their dispute.
Ontario Ministry of Finance | Nov 21, 2019 Plan will reduce burden for investors and improve capital market efficiency TORONTO — The Ontario government is attracting investment and helping businesses grow by modernizing the regulation of the province's capital markets. Finance Minister Rod Phillips discussed the government's plan to strengthen investment, promote competition and facilitate
South African Airways (SAA) signed a wage deal with trade unions on Friday to end an eight-day strike that brought the cash-strapped state airline to the brink of collapse.
Italian broadcaster Mediaset and its No. 2 investor Vivendi have not yet reached an agreement to end years of legal fighting ahead of a court hearing on Friday, two sources close to the matter said.
Global stocks inched up on Friday, lifted by China's renewed offer to work out a trade pact with Washington, but gains were limited by uncertainty over how the 16-month-old trade war plays out and how much it may undermine the world economy.
Italy's Mediaset and France's Vivendi failed to reach an out-of-court agreement to end years of legal disputes ahead of a court hearing scheduled on Friday, two sources close to the matter said.
Tesla Inc on Thursday unveiled its electric pickup truck with a futuristic angular body in gunmetal gray that looked like an armored vehicle, as the California company took aim at the heart of Detroit automakers' profits.
Auto sales at Ford Motor Co's China venture with Chongqing-based carmaker Changan are likely to turn positive next year, Changan’s president said on Friday.
A broad gauge of Asian equities made a slight recovery on Friday from three-week lows hit the previous day, with gains limited by investors' uncertainty over chances of China and the United States striking a preliminary deal soon to end their trade war.
China wants to work out an initial trade agreement with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is also not afraid to retaliate when necessary.
The board of Australia's second largest bank on Friday apologized unreservedly for 23 million breaches of money laundering laws, but stood by management despite pressure from politicians to review its leadership.
"People are looking at the stock market that's going straight up and it's making them greedy," one analyst says.