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.
EBay Inc said on Friday it would exit Facebook Inc's planned cryptocurrency Libra, joining Paypal.
General Motors Co took the unusual step of appealing directly to its unionized employees in a blog post on Friday that laid out its latest offer aimed at ending a month-long strike, drawing an angry response from the union that the automaker was trying to "starve ... workers off...
Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.
