Wall Street may be facing an uncomfortable four years after President-elect Joe Biden's team confirmed on Monday it planned to nominate two consumer champions to lead top financial agencies, signaling a tougher stance on the industry than many had anticipated.
Representatives of fuel suppliers to Venezuela, importers of Venezuelan oil and advocacy groups said this month they plan to press the incoming administration of U.S. President-elect Joe Biden to reverse a ban on crude-for-diesel swaps.
Canada said on Monday it will lift a near two-year flight ban on Boeing Co's 737 MAX on Jan 20, joining other countries like the United States that have brought the aircraft back following two fatal crashes involving the model.
Alimentation Couche-Tard would revive its US$20 billion bid for France's Carrefour if the Canadian convenience store operator saw a change in the French government's stance on the proposed deal, its chief executive said on Monday.
The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.
Facebook Inc said on Monday it had started the process of appointing a legal entity as a local representative in Turkey in compliance with a new social media law which critics have said will muzzle dissent.
Myanmar on Monday announced it was cancelling contracts with a Thai industrial giant to work on a controversial deep sea port project.
U.S. President-elect Joe Biden will nominate Gary Gensler to serve as the commissioner of the Securities and Exchange Commission and Federal Trade Commission member Rohit Chopra to head the Consumer Financial Protection Bureau, the campaign said in a statement on Monday.
AT&T plans to cut its workforce in Slovakia as the COVID-19 pandemic hits customer demand, the company said on Monday, with unions saying that 10per cent of jobs may be affected.
Lunar rocks retrieved by a historic Chinese mission to the moon weighed less than initially targeted, but China is still willing to study the samples with foreign scientists, the mission's spokesman said on Monday.
