Two Trump administration officials said on Friday that neither a wind-down period nor a short-term waiver on China's oil purchases from Iran are being contemplated after Washington surprised Iran’s customers on Monday by demanding that buyers halt the purchases by May 1 or face sanctions.
United Airlines said on Friday it expects to cancel about 900 flights in May and around 130 in April due to the grounding of Boeing's 737 MAX jets.
The United States said on Friday a World Trade Organization ruling on national security was "seriously flawed", a warning not to use it as a precedent to judge U.S. President Donald Trump's tariffs on imported steel and cars.
Oil prices tumbled more than 3 percent on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices.
BEIJING: Malaysia is expecting more investments from China, particularly in the corridors along the East Coast Rail Line (ECRL), following an agreement inked between the Malaysian Investment Development Authority (MIDA) and China Communication Construction Company (CCCC). Speaking to Malaysian ...
Slack Technologies, operator of the popular workplace instant-messaging app, reported an annual loss of US$140.7 million, the company said on Friday ahead of its planned public market debut.
U.S. auto sales are expected to drop about 3.5 percent in April from a year-ago period, as rising prices and reduced incentives pinch buyers at the lower end of the spectrum, according to industry consultants J.D. Power and LMC Automotive.
Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China's Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.
Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as US$10.35 billion in stock at a valuation of up to US$91.5 billion.
Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through "corrupt practices".
