Italy could use ESM talks to push Italian candidate to head fund: Panetta
Italy should use ongoing talks over the reform of the euro zone bailout fund, the ESM, to secure something for itself such as the appointment of an Italian to head the fund, Bank of Italy Deputy governor Fabio Panetta said on Saturday.
China attacks U.S. at G20 as the world’s biggest source of instability
The United States is the world’s biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government’s top diplomat said on Saturday in a stinging attack at a G20 meeting in Japan.
German 5G bidders must guarantee no foreign state meddling: CDU
Bidders for German 5G rollout contracts must guarantee the network will be free of foreign state influence, Chancellor Angela Merkel’s Christian Democrats agreed on Saturday, stopping short of singling out China’s Huawei.
The U.S. is the world’s biggest source of instability: senior Chinese diplomat
The United States is the biggest source of global instability, the Chinese foreign ministry reported China’s top diplomat as saying on Saturday.
Aramco IPO: It’s a thanks, but no thanks from Malaysia’s Petronas
With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia’s state energy company Petronas [PETR.UL] decided to take a pass on Friday.
Amazon files lawsuit contesting Pentagon’s $10 billion cloud contract to Microsoft
Amazon.com Inc filed a lawsuit in a federal U.S. court on Friday contesting the U.S. Defense Department’s decision last month to award a Pentagon cloud computing contract worth up to $10 billion to rival bidder Microsoft Corp.
Canadian official’s critique of 737 MAX software reflects ‘working-level’ view: regulator
An email sent by a Transport Canada official urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects “working-level discussions” and were not reviewed by the Canadian regulator, the agency said on Friday.
Mexico’s economy minister tries to dispel concerns over labor reform
Mexico’s Economy Minister Graciela Marquez said Friday that U.S. representatives should not be concerned that Mexico can implement its labor reform as the United States still has to approve a trade deal.
Mexico urges U.S. Congress not to let politics impede trade deal approval
Mexican President Andres Manuel Lopez Obrador on Friday urged U.S. lawmakers not to allow politics to hold up the approval of the United States-Mexico-Canada Agreement (USMCA) trade deal.
WeWork names new executives, path to profitability by 2023: report
WeWork named four men to executive roles on Friday and outlined a six-point path to profitability, though the money-losing flexible office space operator said it will not be cash flow positive until 2023, according to a media report.
