China says it is committed to resolving issues in trade deal with U.S.
China’s Foreign Ministry, when asked about the trade deal with the United States, said it is committed to resolving the issues but the deal must be mutually beneficial.
U.S. sources say terms set for China trade deal, but Beijing mum
Washington will suspend some tariffs on Chinese goods and cut others in return for Beijing buying more American farm goods, U.S. sources said on Thursday, although a lack of confirmation from either side cast doubt on whether a deal was finalized.
Regulator puts loading curbs on 737 jets converted to freighters by Israel Aerospace
Israel’s aviation regulator has ordered airlines with Boeing Co 737 jets converted to freighters by Israel Aerospace Industries (IAI) to comply with loading restrictions and use additional straps when needed before they can resume flying.
Qantas selects Airbus over Boeing for world’s longest flights
Australia’s Qantas Airways picked Airbus SE over Boeing Co as the preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, dealing the U.S. planemaker its latest setback this year.
California power producer PG&E files amended reorganization plan
California power producer PG&E Corp said late on Thursday that it has filed for an amended reorganization plan, adding that it remains on track to getting the plan confirmed before a June 2020 deadline to exit bankruptcy.
Asian shares, sterling on a high as global risks ebb
Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain’s Conservative Party cleared a couple of dark clouds from the global horizon.
China to buy $50 billion in U.S. farm goods for tariff relief: U.S. sources
Washington has agreed to suspend some tariffs on Chinese goods and cut others in return for Beijing’s pledge to hike U.S. farm product purchase in 2020, sources said on Thursday, taking a step to de-escalating the bitter trade war.
‘Out of market today’: Australia brandishes four words crucial to case against Citi, Deutsche
A four-word handwritten note by a JPMorgan Chase & Co banker has been seized by Australian prosecutors as fundamental to a criminal cartel prosecution against Citigroup Inc and Deutsche Bank AG, a court heard on Friday.
Oil prices hit highest in three months as U.S.-China trade deal takes shape
Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand for crude.
Beijing’s legal influence triggers disquiet in Hong Kong financial sector
When China’s top legislature criticized a Hong Kong court’s rejection of a face mask ban there, some global firms began to fear the potential for mainland interference in commercial contracts, lawyers and finance executives said.
