China asks WTO to set up panel to discuss U.S. steel, aluminum measures
China has filed a request with the World Trade Organisation to establish an expert group to determine the legality of tariffs imposed by the United States on imports of steel and aluminum, the Ministry of Commerce said late on Thursday.
Tesla launches new Model 3 with mid-range battery: Electrek
Tesla Inc is launching a new version of its Model 3 sedan with a “mid-range” battery priced at $45,000, automotive news website Electrek reported on Thursday.
Exclusive: U.S. asks for WTO panel over metals tariffs retaliation
The United States is requesting that a World Trade Organization dispute resolution panel get involved in a clash over international retaliation over U.S. tariffs on steel and aluminum, according to a U.S. official familiar with the matter.
Mexico’s Walmex third-quarter profit driven by solid sales
Mexico’s biggest retailer, Wal-Mart de Mexico , reported on Thursday a 7.9 percent rise in third-quarter revenue, capitalizing on sales traffic in Mexico that compensated for slow growth in Central America and a tough comparison base.
Goldman Sachs joins growing band of businesses snubbing Saudi conference
Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi.
AIG sees third-quarter catastrophe losses of $1.5 billion-$1.7 billion
Insurer American International Group Inc said on Thursday it expects third-quarter pre-tax catastrophe losses, net of reinsurance, of between $1.5 billion and $1.7 billion.
PayPal quarterly profit beats estimates, shares rise
PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts’ estimates as the company signed up more new customers and volume of payments processed rose.
Amazon to open Manchester office as it adds 1,000 British jobs
Amazon.com is opening its first office in Manchester, northern England, and expanding two other centers to house 1,000 new R&D roles in what it said was a major new investment in British innovation.
Micron to buy Intel’s stake in joint venture IM Flash Technologies
Micron Technology Inc said on Thursday it planned to take full control of IM Flash Technologies joint venture with Intel Corp .
Banks urge U.S. regulators to reconsider ‘Volcker Rule’ tweaks
Banks on Thursday pushed back on how regulators are attempting to simplify rules prohibiting banks from trading on their own account, a development that is likely to delay efforts to wrap up the overhaul in the coming months.
