U.S. SEC settles with former Goldman banker over 1MDB scandal
The U.S. Securities and Exchange Commission (SEC) has settled foreign corruption charges against former Goldman Sachs Group Inc executive Tim Leissner for his involvement in Malaysia’s multibillion-dollar 1MDB corruption scandal, the agency said on Mo…
Automakers, congressional aides do not expect budget deal will hike $7,500 EV tax credit
Automakers and congressional aides told Reuters they do not expect the U.S. Congress will extend a $7,500 tax credit for electric vehicles in a year-end spending bill expected to be released later on Monday.
U.S. reply satisfies Mexican concerns over labor attaches: Seade
A letter by U.S. Trade Representative Robert Lighthizer has satisfied Mexican concerns over the United States’ plan to appoint labor attaches to follow Mexico’s application of its labor laws, a senior Mexican official said on Monday.
Factbox: Beijing statements on trade deal differ from those of U.S. on imports, timing
The U.S.-China trade deal announced https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/december/united-states-and-china-reach on Friday will be signed in early January, U.S. trade negotiators say.
USMCA labor verifications will be done by independent panelists: USTR
The USMCA trade deal does not include American “labor inspectors,” U.S. Trade Representative Robert Lighthizer said on Monday in a letter to a senior Mexican official.
Airbnb, online service or property agent? EU court to rule December 19
Is it an online booking service? Or a real estate agent? U.S. homesharing site Airbnb will on Dec. 19 know how it should be labeled when Europe’s top court rules on the issue amidst a backlash from the hotel industry and some cities.
France’s AMF watchdog fines Bloomberg €5 million over Vinci hoax
France’s markets watchdog AMF said on Monday it had fined U.S. news agency Bloomberg News 5 million euros ($5.5 million) for publishing a hoax press release relating to construction group Vinci in November 2016.
Tyson Foods cleared to ship poultry to China from all U.S. plants
Tyson Foods Inc received approval from U.S. and Chinese authorities to export American poultry to China from all 36 of its U.S. processing plants and expects to begin taking orders early next year, a chief supply chain officer for the company said.
Goldman Sachs pledges $750 billion to environmental causes by 2030
Goldman Sachs Group Inc said on Monday it will provide $750 billion in financing, advisory services and investments for initiatives that fight climate change, as well as those that foster economic opportunities for under-served people over the next de…
Exclusive: ProSieben’s NuCom eyes acquisition of Meet Group – sources
German broadcaster ProSiebenSat.1 Media SE’s e-commerce arm NuCom Group is exploring the acquisition of U.S. live streaming app developer Meet Group Inc , people familiar with the matter said on Monday.
