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Chinese and U.S. trade negotiating teams are maintaining effective communication, China's Foreign Ministry said on Friday at a daily news briefing in Beijing.

August has turned out to be another month of milestones for bond markets as an escalating trade conflict fans recession fears, pushing borrowing costs deeper and deeper into negative territory.

Industrialist John Fredriksen is seeking investors to take larger stakes in his companies and could relinquish control of operations as part of a plan to reduce his workload, the Norwegian-born 75-year-old told two newspapers on Friday.

Japan's curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip supply chain, suppliers and experts say.

Tesla Inc has always shown disdain for marketing, with CEO Elon Musk boasting his company does not advertise, instead using the money it would have spent to develop products.

A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd said it plans to sue bigger rival LG Chem Ltd in the United States over alleged patent infringement related to electric vehicles (EV).

Oil prices on Friday were set for their biggest weekly gains since early July, boosted by a decline in U.S inventories and a looming hurricane in Florida, while new signs of trade talks between the United States and China emerged.

U.S. electric vehicle maker Tesla Inc had raised prices for some vehicles in China as the yuan trades at its weakest levels in more than a decade.

French lender BNP Paribas plans to bid for Deutsche Bank's equity derivatives book and is hopeful it can beat off rival bidders to secure a deal in the next few weeks, according to sources familiar with the matter.

The U.S. Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based cryptocurrency firm and its founders for wrongfully issuing digital offerings and for using an unregistered online trading platform.

Several U.S. retailers, footwear companies and business groups have warned that the long-drawn Sino-U.S. trade war would jack up consumer prices and trigger job losses.

Argentine asset prices fell on Thursday and country risk soared to levels not seen since 2005 after the government announced plans to "reprofile" about $100 billion of its debt, leaving investors scrambling to assess what kind of hit they might take.

The Federal Trade Commission is investigating the marketing practices of e-cigarette maker Juul Labs inc, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Apple Inc will host an event on Sept. 10 at the Steve Jobs Theater in the company's Cupertino, California campus, where it is widely expected to unveil new iPhone models.

German carmaker Volkswagen is holding talks with officials in Ankara over Turkey's vehicle tax regime as it seeks to conclude a 1-billion euro investment to build a production plant in Turkey, two sources said on Thursday.