The board of heavily indebted Mexican state oil company Pemex [PEMEX.UL] has unanimously approved a merger of four of its subsidiaries into two units, the company said in a statement on Friday.
An $8 billion syndicated loan to Mexico's national oil company Pemex is a sign of confidence by more than 20 banks involved in the operation, Mexican President Andres Manuel Lopez Obrador said on Friday, after a recent credit downgrade for the firm.
U.S. President Donald Trump said on Saturday he had an excellent meeting with Chinese President Xi Jinping, as good as it was going to be.
The wife of ousted Nissan Chairman Carlos Ghosn has again called on world leaders, who have gathered in Japan for a G20 summit, to help raise the issue of her husband's treatment in the country where he is facing financial misconduct charges.
The United States and China have agreed to restart trade talks and Washington will not level new tariffs on Chinese exports, China's official Xinhua news agency said on Saturday, as U.S. President Donald Trump said the talks were "back on track".
Chinese President Xi Jinping told U.S. President Donald Trump on Saturday that he hopes the United States can treat Chinese companies fairly, China's Xinhua state news agency reported.
The United States and China agreed on Saturday to restart trade talks and Washington will not levy new tariffs on Chinese exports, China's foreign ministry said, raising hopes for the world's two largest economies to resolve their trade war.
The joint interests of China and the United States are greater than the differences, a senior Chinese diplomat said on Saturday, following talks between the two countries' presidents at a G20 summit in Japan.
U.S. President Donald Trump said he and his Chinese counterpart Xi Jinping agreed on Saturday that the United States would refrain from raising levies on Chinese imports for now while China would buy more U.S. agricultural products.
Group of 20 leaders stopped short of denouncing protectionism, instead calling for the need to realize a "free, fair, non-discriminatory" trade environment in a communique issued after their two-day meeting in Osaka, western Japan, on Saturday.
Group of 20 leaders have clearly confirmed the need for a free, fair and non-discriminatory trade policy, Japanese Prime Minister Shinzo Abe said on Saturday, suggesting that members have agreed to the wording to be included in their communique.
Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production, Russian President Vladimir Putin said.
Russia's deal with Saudi Arabia on crude production cuts shows their commitment to stabilizing the oil market, Russian Energy Minister Alexander Novak said in a statement on Saturday.
Leaders of the Group of 20 major economies warned on Saturday of growing risks to the global economy but stopped short of denouncing protectionism, calling instead for a free, fair trade environment after talks some members described as difficult.
Beijing's ambassador to Switzerland said ChemChina's $43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a newspaper reported in an interview on Saturday.