Saudis hail ‘fortune-telling’ prince for Aramco price prediction
Saudis took to Twitter to celebrate Aramco’s valuation hitting $2 trillion on Thursday, with one posting praising de-facto leader Crown Prince Mohammed bin Salman as a fortune teller.
Thyssenkrupp in talks with Tesla about German factory: Handelsblatt
Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin, a board member of the German conglomerate told a business daily.
Sweden opens Ericsson bribery probe after U.S. settlement: paper
Sweden’s prosecution authority has opened an investigation into possible bribery by employees at mobile telecoms group Ericsson that came to light during a U.S. probe into corruption, daily Dagens Industri wrote on Thursday.
Global stock index hits record high as U.S.-China trade deal optimism climbs
MSCI’s global stock index hit a record high on Thursday and the U.S. dollar index gained after President Donald Trump said the United States was “very close” to reaching a trade deal with China.
Trump says U.S. and China ‘very close’ to trade deal as fresh tit-for-tat tariffs loom
China and the United States are in close communication on trade, officials in Beijing and Washington said, days before tit-for-tat tariffs are due to go into effect.
Wall Street hits records on hopes tariffs will be dropped
U.S. stock indexes jumped to new highs on Thursday, and Treasury yields rose, on a tweet from President Donald Trump that a trade deal with China was “very close” and a report that U.S. trade negotiators had offered to cancel a fresh round of tariffs o…
IMF would welcome U.S.-China tariff cuts, but wants ‘trade peace’: spokesman
The International Monetary Fund would welcome any deal to reduce U.S.-China trade tensions and tariffs, but is urging the world’s two largest economies to permanently resolve their 17-month trade war, IMF spokesman Gerry Rice said on Thursday.
U.S. offers to cancel December 15 tariffs on Chinese goods: WSJ
U.S. trade negotiators have offered to cancel a new round of tariffs on imported Chinese goods set to take effect on Sunday as part of an effort to cement a phase-one deal to de-escalate the trade relationship between the two powers, the Wall Street Jo…
Facebook delays naming oversight board members until 2020
Facebook will not announce the first members of its independent oversight board this year as it originally expected, the company said on Thursday.
Trade optimism drives Wall Street to record levels
U.S. stocks hit record levels on Thursday after President Donald Trump tweeted that the United States was “very close” to a trade deal with China and on a report that U.S. trade negotiators had offered to cancel a fresh round of tariffs on Chinese good…
