China to target around 6% growth in 2020, step up state spending: sources
China plans to set a lower economic growth target of around 6% in 2020 from this year’s 6-6.5%, relying on increased state infrastructure spending to ward off a sharper slowdown, policy sources said.
U.S. Justice Department preparing legal action against Live Nation: source
The U.S. Justice Department is preparing to take legal action against Live Nation Entertainment on allegations the concert promoter has sought to strong-arm concert venues into using its dominant Ticketmaster subsidiary, a source familiar with the pla…
USTR files notice suspending Dec. 15 tariffs on Chinese goods
The U.S. Trade Representative’s office on Friday filed a Federal Register notice suspending the 15% U.S. tariffs slated to go into effect on Sunday on Chinese goods worth about $160 billion after reaching a “phase one” trade deal with Beijing.
California governor rejects PG&E bankruptcy reorganization plan
California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp , the state’s largest investor-owned utility, saying its proposal fails to meet the requirements of a recently enacted wildfire law.
China’s Ant Financial, Vanguard announce China advisory venture
Chinese fintech company Ant Financial Services [ANTFIN.UL] and U.S. asset management firm The Vanguard Group have established a joint venture to provide retail investment advisory services in China, the companies said in a statement on Saturday.
Trade deal removes major hurdle for rally in Apple and tech
U.S. President Donald Trump’s limited trade deal with China removes a major hurdle for Apple and other technology stocks that have already surged this year to record highs.
Exclusive: Hudson’s Bay’s take-private deal falls short – sources
Saks Fifth Avenue owner Hudson’s Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.
Canadian regulator dismisses Catalyst request for cease trade order on Hudson’s take private deal
Canadian financial regulator the Ontario Securities Commission said on Friday it has dismissed a request by Catalyst for a cease trade order relating to proposed take-private deal of Hudson’s Bay .
What’s in the U.S.-China ‘phase one’ trade deal
The United States and China have agreed on the terms of a “phase one” trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods and addressing some U.S. complaints about …
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
(This Dec. 13 story corrects title of Eller to legislative, not executive, director, paragraph 18)
