China is unlikely to face serious consequences from the Trump administration's decision to label it a currency manipulator given the apparent lack of G7 and IMF support for the move, former and current U.S. and G7 officials said.
Oil prices dipped on Monday amid worries about an economic slowdown and the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.
Asian shares fell on Monday morning, while gold prices held firm as investors worried a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession.
Oil prices fell on Monday, dragged down by an economic slowdown and worries about the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.
Goldman Sachs lowered its fourth-quarter growth forecast by 20 basis points to 1.8%, citing a larger than-expected impact of recent trade war events.
BlackRock Inc's new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday.
A comparison of the Chipotle and Boeing crises reveals similarities that should give Boeing investors a sense of how long a recovery could take.
Apple supplier AMS AG on Sunday said it plans to make an all-cash takeover bid for German lighting group Osram , offering 38.5 euros per share, more than a rival offer from private equity firms Bain Capital and Carlyle Group.
Apple supplier AMS AG said it has made an all-cash takeover offer for German lighting group Osram Licht AG at an offer price of 38.5 euros per share.
BlackRock bought a roughly 30% stake in Authentic Brands Group, parent company of Sports Illustrated, for $875 million.
A Tesla electric car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday.
Austrian sensor specialist AMS triggered a bidding war for Osram on Sunday, saying it was ready to pay $3.8 billion for the German lighting group's shares, 10% more than finance investors Bain Capital and Carlyle have already offered.
Russia's state communications watchdog said on Sunday it had asked Google to stop advertising "illegal mass events" on its YouTube video platform.
BlackRock Inc is taking a stake in Authentic Brands Group LLC in a deal valuing the U.S.-based entertainment company at more than $4 billion including debt, the Wall Street Journal reports on Sunday citing sources.
Volatility in China's yuan since August is a normal market reaction to escalating trade frictions stoked by the United States and was caused, to some extent, by Washington's decision to raise tariffs, a senior Chinese central bank official said.