Aramco CEO says Saudi-Kuwaiti accord paves way for resumption of oil production
Saudi ARAMCO said on Wednesday a new agreement between Saudi Arabia and Kuwait paves the way for the resumption of oil production in the Neutral (partitioned) Zone shared by the two countries.
China says it is in close touch with U.S. on trade deal signing ceremony
China says it is in close touch with the United States on a trade deal signing ceremony, after U.S. President Donald Trump said on Tuesday that he and Chinese President Xi Jinping will have a ceremony to sign the recently struck Phase 1 trade deal.
China’s November soybean imports from U.S. rise as tariff-free cargoes arrive
China’s November soybean purchases from the United States surged from a year earlier, data showed on Wednesday, as cargoes booked by importers with tariff-free quotas cleared customs.
Questions over Hyundai construction of Chilean bridge amid row with government
Chile’s finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were “quite common.”
New Boeing CEO Calhoun is hardened corporate crisis manager
Beleaguered Boeing Co is putting its future in the hands of a turnaround veteran who has led several companies in crisis, cut his teeth at engine maker General Electric Co and has spent a decade on the board of the world’s largest planemaker.
Global stocks hover near record highs, gold breaches $1,500
Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China’s latest policy easing pledge added to investor optimism.
New Boeing 737 MAX documents show ‘very disturbing’ employee concerns: U.S. House aide
Boeing Co documents under review by a U.S. congressional panel appear to point to a “very disturbing” picture of commentary from the planemaker’s employees over the grounded 737 MAX aircraft, a congressional aide said on Tuesday.
S&P 500, Dow pause near records in Christmas Eve trade
The S&P 500 and the Dow industrials slipped in a shortened, pre-Christmas session on Tuesday, as investors paused after a record-setting rally fueled by improving U.S.-China trade relations that has put the market on course for its best year since 2013.
Stocks hover near record highs, gold breaches $1,500
Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China’s latest policy easing pledge added to investor optimism.
Brash Uber co-founder Kalanick leaves board to focus on industrial kitchens
Travis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling all his shares as he turns his focus to a new venture creating “ghost kitchens” for food delivery service…
