Markets brace for crucial G20 signals
Stocks eked out meager gains on Friday before a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, capping gains on the best first half for global equities since 1997.
Trump prepares for ‘productive’ talks with Xi on trade war
U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping on a trade war that is casting a shadow on global growth, but said he had not made any promises about a reprieve from escalating tariffs.
Merkel hopes for G20 progress on U.S.-China trade dispute
German Chancellor Angela Merkel said on Friday she hoped the United States and China would make some progress toward defusing their trade dispute at the G20 meeting of leading economies in Japan.
Lego clan, Blackstone take Madame Tussauds owner Merlin private in $7.5 billion deal
Lego’s founding family and private equity firm Blackstone are taking Britain’s Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion.
Ghosn lawyer says news conference canceled after his daughters raised concerns
Former Nissan Chairman Carlos Ghosn canceled what would have been his first news conference since he was arrested last year after his daughters expressed concern about the potential consequences, his lawyer said on Friday.
Oil prices hold near $67 per barrel ahead of G20 talks, OPEC
Brent crude oil held near $67 a barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents this weekend and on production cuts from OPEC on Monday.
Tesla says single battery module caused car fire in Shanghai, has changed vehicle settings
Electric vehicle (EV) maker Tesla Inc said on Friday a single battery module caused a car to catch fire in Shanghai and it had revised its vehicle settings to further protect its batteries following an investigation into the incident.
Federal court to hear ‘Pharma Bro’ Martin Shkreli’s appeal
Lawyers for former pharmaceutical executive Martin Shkreli will urge a federal appeals court on Friday to overturn his criminal conviction for defrauding investors in hedge funds he founded.
Tesla said single battery module caused car fire in Shanghai
Electric vehicle (EV) maker Tesla Inc said on Friday that it has found no systematic flaws in its vehicles following the investigation of a vehicle that caught fire in Shanghai.
Nissan ex-chief Ghosn cancels hastily arranged Tokyo press conference
Former Nissan boss Carlos Ghosn abruptly canceled plans on Friday for what would have been his first press conference since his arrest in November, after his daughters expressed concern it could invite retaliation by Japanese authorities, his lawyers s…