Saudi Arabia signed a deal with the local unit of US weapons maker Raytheon on Saturday to localise maintenance of its Patriot missile defence system, as part of efforts to boost Saudi's defence industries and its broader economy.
Sinochem Energy, a unit of China's Sinochem Group, has agreed to sell a 20per cent stake to five state-owned firms for 11.56 billion yuan (US$1.65 billion), Xinhua news agency reported.
China's largely rubber stamp parliament revised a law on Saturday to simplify investment procedures for Taiwan companies, in another attempt by Beijing to show goodwill to the Chinese-claimed island ahead of elections there on Jan. 11.
France, it sometimes seems, is either in the throes of a major strike or facing the looming shadow of one.
The Dow finished at a fresh record on Friday (Dec 27) following a sleepy session, but the Nasdaq declined, ending a streak of 10 straight records.
Low interest rates and fiscal spending to help economies climb out of the global financial crisis has put the world at record debt levels.
A German cabin crew union on Friday (Dec 27) called a three-day strike at Lufthansa subsidiary Germanwings, plunging passengers into turmoil over the busy end-of-year holiday as it ramps up a bitter row over pay and conditions.
Amazon.com Inc and its Ring home security camera unit have been sued by an Alabama homeowner who said the cameras' defective design leaves purchasers vulnerable to cyberattacks.
France's government can pursue plans to trawl social media to detect tax avoidance, its Constitutional Court ruled on Friday, although it introduced limitations on what information can be collected following a privacy outcry.
Spotify Technology SA said on Friday it would pause carrying political advertisements on its music streaming platform in early 2020.
