G20 sealed landmark deal on WTO reform by ducking ‘taboo words’
Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the United States and China.
Asia relieved at Sino-U.S. trade truce, A$ jumps
Asian shares looked set to rally on Monday after U.S. and Chinese leaders brokered a truce in their trade conflict, a relief for the global growth outlook and a positive for emerging markets.
Trump-Xi trade armistice clears way for more market gains
One of the darkest clouds hanging over Wall Street somewhat dissipated on the weekend when China and the United States agreed to shelve any new tariffs and reset discussions, at least temporarily halting an increase in their tensions over trade.
Omani oil minister says he believes there is consensus for output cuts
Omani Energy Minister Mohammed bin Hamad al-Rumhy said on Sunday that he believed there was a consensus among OPEC oil producers that oil output should be cut.
Amazon tests cashierless tech for stores with bigger spaces: WSJ
Amazon.com Inc is testing its cashierless checkout technology for bigger stores with larger spaces and experimenting the technology in Seattle, the Wall Street Journal reported on Sunday.
U.S., China agree on trade war ceasefire after Trump, Xi summit
China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1.
Several European countries to impose diesel recalls: Bild am Sonntag
Several European countries have either ordered vehicle recalls by carmakers over diesel emissions cheating or plan to do so, German weekly Bild am Sonntag reported without citing sources.
Exclusive: Nexstar clinches $4.1 billion deal to acquire Tribune Media – sources
Nexstar Media Group Inc has reached an agreement to acquire Tribune Media Co for about $4.1 billion, a deal which would make it the largest local U.S. TV station operator, people familiar with the matter said on Sunday.
Deutsche Bank chief dismisses takeover speculation
Deutsche Bank is not at risk of a takeover, its chief executive told a German weekly paper after its shares fell to a record low on Friday in the wake of a two-day raid related to money laundering allegations.
China, U.S. declare 90-day halt to new tariffs: White House
China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating as the two sides try again to bridge their differences with fresh talks aimed at reaching an agreement within 90 days.
