The United States and the European Union have hatched a mini-deal to cut imports tariffs on a small range of products, including U.S. lobsters, in a sign of an easing of transatlantic trade tensions.
Chinese electric vehicle (EV) manufacturer XPeng Inc said it hopes to raise up to US$1.11 billion in its initial public offering (IPO) in New York, seeking to ride the enthusiasm for EVs even as U.S.-China relations remain strained.
In signs an economic recovery may be picking up speed, U.S. home sales rose at a record rate for a second straight month in July, and purchasing managers in both the manufacturing and services sectors report business activity has accelerated at a brisker-than-expected pace this month.
Qiagen said its non-executive Chairman Hakan Bjoerklund had resigned with immediate effect after the genetic testing company's shareholders rejected an improved takeover offer from Thermo Fisher .
Facebook Inc's chief executive officer, Mark Zuckerberg, and some company executives have been discussing a "kill switch" to shut off political advertising after the election is over to curb misinformation, the New York Times reported on Friday, citing unnamed sources.
Mexico's government wants the local unit of Sempra Energy to build another export facility to help sell off excess natural gas in return for granting the energy infrastructure company a historic export permit, according to three people familiar with the matter.
Three new U.S. stock exchanges are set to launch by the end of September, vying for market share against incumbents like the New York Stock Exchange and Nasdaq Inc , which have benefited from elevated trading volumes during the coronavirus pandemic.
U.S. stock index futures ticked lower on Friday, a day after the tech-heavy Nasdaq closed at a record high, as investors awaited U.S. business surveys for more clues on the economy's health.
One of the world's leading investor groups pushing for more corporate action on climate change said it has added Mexican state-owned oil company Petroleos Mexicanos (Pemex) to its list of targets.
Citigroup Inc filed a third lawsuit on Friday in its latest attempt to recoup nearly US$1 billion it mistakenly sent to lenders of Revlon Inc .
