November 7, 2019

Exclusive: Trump administration moves closer to easing gun exports

The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, […]
November 7, 2019

U.S. may soon issue guidance to enforce foreign investment oversight

The U.S. government is likely soon to spell out how it will enforce oversight of foreign investment in the United States, a U.S. official said on […]
November 7, 2019

GM sells shuttered Ohio plant to EV truck start-up

General Motors Co confirmed on Thursday it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious plan to begin […]
November 7, 2019

Big oil stuns Brazil in back-to-back auction flops

Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding […]
November 7, 2019

Global stocks, dollar rally on renewed U.S.-China deal hopes

Oil prices rose and stocks rallied worldwide on Thursday after China said it had agreed with the United States to cancel tariffs in phases, a key […]
November 7, 2019

Juncker says Trump won’t impose tariffs on European cars: Sueddeutsche

Outgoing European Commission President Jean-Claude Juncker does not believe U.S. President Donald Trump will impose tariffs on imported European cars next week, he told Germany’s Sueddeutsche […]
November 7, 2019

Oil rises above $62/bbl on hopes for U.S.-China trade deal

Oil rose above $62 a barrel on Thursday after China hinted at progress towards a trade deal with the United States, raising hopes for an end […]
November 7, 2019

Exclusive: Rollback of China tariffs faces fierce opposition in White House – sources

An agreement between the United States and China to roll back existing tariffs as part of a ‘phase one’ trade deal faces fierce internal opposition at […]
November 7, 2019

Exclusive: Freddie Mac hires McKinsey to review capital with government overhaul looming

Housing finance giant Freddie Mac has hired management consultancy McKinsey & Company to advise on capital management, a spokesman said Thursday, as Freddie and its regulator […]
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