PG&E rejected a US$2.5 billion offer from San Francisco to buy the bankrupt Californian company's power lines and other infrastructure within the city, citing the offer was inadequate.
REUTERS: Stop with the "50 Bs." Start with the 60. The U.S. Federal Reserve's quick pivot from shrinking its balance sheet by around US$50 billion per month to now expanding by US$60 billion monthly, has shown both the difficulty the Fed has faced under a shifting political environment, as...
President Donald Trump said on Friday the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases.
U.S. power company Sempra Energy is near an agreement to sell its Chilean business to State Grid Corporation of China for close to US$3 billion, the latest deal in its bid to shed non-core assets, people familiar with the matter said on Friday.
Half a continent away from the auto plants of Detroit, U.S. strikes at General Motors (GM) have sent shivers through the central Mexican city of Silao, where the local GM factory furloughed 6,000 workers last week when parts from the United States ran out.
U.S. authorities said on Friday they have halted a US$1.7 billion unregistered digital token offering by the messaging service Telegram Group Inc and its TON Issuer subsidiary.
Facebook's digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency.
President Donald Trump said on Friday the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases.
German carmaker Daimler is recalling hundreds of thousands of Mercedes-Benz vehicles including Sprinter van models over diesel emissions issues.
EBay Inc and Stripe are leaving Libra Association, the entity managing the Facebook-led effort to build a global digital currency said on Friday, joining Paypal Holdings Inc which exited the group just a week ago.
