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France prepared to cut Renault stake to shore up deal with Nissan: AFP

France prepared to cut Renault stake to shore up deal with Nissan: AFP

French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to shore up Renault's partnership with Nissan Motor Co, according to an AFP tweet on Saturday.



7 years ago
Mnuchin says main progress on U.S.-China trade to be at Trump-Xi summit

Mnuchin says main progress on U.S.-China trade to be at Trump-Xi summit

U.S. Treasury Secretary Steven Mnuchin said on Saturday he would discuss trade issues with People's Bank of China Governor Yi Gang, but the main progress in the U.S.-China trade dispute would take place later this month at a meeting between President Donald Trump and Chinese President Xi Jinping.



7 years ago
G20 financial leaders to stay vague on global trade in communique

G20 financial leaders to stay vague on global trade in communique

Financial leaders of the world's top economies are likely steer clear of promises to avoid protectionism in their communique on Sunday, amid an escalating trade conflict between the United States and China, officials said on Saturday.



7 years ago
BOJ's Kuroda warns of uncertainties on global recovery prospects

BOJ's Kuroda warns of uncertainties on global recovery prospects

Bank of Japan Governor Haruhiko Kuroda on Saturday maintained his view the global economy will recover in the latter half of this year, but warned that uncertainties remain as fallout from the Sino-U.S. trade war deepens.



7 years ago
Mexico national guard to deploy on southern border from Monday: minister

Mexico national guard to deploy on southern border from Monday: minister

Mexico's National Guard will begin deploying on Mexico's southern border with Guatemala from Monday to contain the flow of migrants headed to the United States, Mexican Foreign Minister Marcelo Ebrard said on Friday.



7 years ago
Trump suspends tariffs on Mexico after deal on immigration reached

Trump suspends tariffs on Mexico after deal on immigration reached

U.S. President Donald Trump said on Friday that he has indefinitely suspended the threat of tariffs against Mexico after reaching "a signed agreement" on immigration.



7 years ago
Trump says Mexico reaches deal with U.S. on migration, averting tariff war

Trump says Mexico reaches deal with U.S. on migration, averting tariff war

U.S. President Donald Trump said on Friday Mexico's government had reached a deal with the United States to avert a tariff war by pledging to take "strong measures" to contain migration of mostly Central Americans crossing the southern U.S. border.



7 years ago
Trump calls off tariffs on Mexico after deal on migration

Trump calls off tariffs on Mexico after deal on migration

The United States and Mexico reached a deal on Friday to avert a tariff war, with Mexico pledging to take "strong measures" to contain the migration of mostly Central Americans crossing the southern U.S. border, a surge in recent months that has overwhelmed U.S. resources.



7 years ago
United Technologies nears deal to merge aerospace unit with Raytheon: sources

United Technologies nears deal to merge aerospace unit with Raytheon: sources

United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matter said on Saturday.



7 years ago
Raytheon and United Technologies in talks to merge: WSJ

Raytheon and United Technologies in talks to merge: WSJ

Raytheon Co and United Technologies Corp are in talks to merge in an all-stock deal, the Wall Street Journal reported on Saturday, citing a person familiar with the matter.



7 years ago
Trump is confident Mexico will enforce new immigration deal

Trump is confident Mexico will enforce new immigration deal

U.S. President Donald Trump on Saturday predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum program and boost security on its southern border to stem Central American migrants trying to reach the United States.



7 years ago
Trump says he is confident Mexico will enforce new immigration deal

Trump says he is confident Mexico will enforce new immigration deal

U.S. President Donald Trump on Saturday predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum program and boost security on its southern border to stem Central American migrants trying to reach the United States.



7 years ago
U.S. to expand program sending asylum seekers to Mexico

U.S. to expand program sending asylum seekers to Mexico

Mexico has agreed to take more migrants seeking asylum in the United States while they await adjudication of their cases, according to a U.S.-Mexico joint declaration released on Friday.



7 years ago
Trump deal with Mexico a win for 'hostage-taking': former WTO chief

Trump deal with Mexico a win for 'hostage-taking': former WTO chief

The migration deal imposed on Mexico this week by U.S. President Donald Trump under the threat of punitive tariffs was a victory for "hostage-taking" over international rules, a former head of the World Trade Organization (WTO) said on Saturday.



7 years ago
IMF's Lagarde highlights potential disruptive nature of fintech

IMF's Lagarde highlights potential disruptive nature of fintech

International Monetary Fund Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence could cause a significant disruption to the world's financial system.



7 years ago