United Technologies nears deal to merge aerospace unit with Raytheon: sources
United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matter said on Saturday.
Raytheon and United Technologies in talks to merge: WSJ
Raytheon Co and United Technologies Corp are in talks to merge in an all-stock deal, the Wall Street Journal reported on Saturday, citing a person familiar with the matter.
Trump is confident Mexico will enforce new immigration deal
U.S. President Donald Trump predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum program and boost security on its southern border to stem Central American migrants trying to reach the United States….
G20 agrees to push ahead with digital tax: communique
Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc’s draft communique obtained by Reuters showed.
IMF’s Lagarde highlights potential disruptive nature of fintech
International Monetary Fund Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence could cause a significant disruption to the world’s financial system.
Trump deal with Mexico a win for ‘hostage-taking’: former WTO chief
The migration deal imposed on Mexico this week by U.S. President Donald Trump under the threat of punitive tariffs was a victory for “hostage-taking” over international rules, a former head of the World Trade Organization (WTO) said on Saturday.
Judge rules against FERC’s jurisdiction over PG&E power contract dispute
A judge in San Francisco has ruled that the Federal Energy Regulatory Commission has no jurisdiction over a dispute involving PG&E Corp’s $42 billion worth of contracts with energy companies.
Iran has no plans to leave OPEC despite tensions: oil minister
Iran has no plans to leave the Organization of the Petroleum Exporting Countries despite being treated like an enemy by some fellow members, Oil Minister Bijan Zanganeh said in an interview published on Saturday.
Take Five: Enter the dragon
There’s plenty of life left in the Chinese dragon, but after roaring for three decades it’s certainly lost some of its puff. Markets are primed for exports from the world’s second largest economy to show weakness and for investment and lending data to …
China to curb some technology exports to U.S.: Global Times editor
China is preparing to curb some technology exports to the United States, the chief editor of China’s Global Times newspaper said on Saturday.
