The United States Federal Trade Commission voted this week to approve a roughly US$5 billion settlement with Facebook Inc over a long-running investigation into the company's privacy missteps, the Wall Street Journal reported on Friday.
Chinese President Xi Jinping urged US President Donald Trump last month to show flexibility in dealings with North Korea and ease sanctions on the country "in due course," China's Foreign Ministry said on Friday (Jul 12).
Budweiser Brewing Company APAC , the Asia-Pacific business of Anheuser-Busch InBev (AB InBev) , will not price its Hong Kong IPO of up to US$9.8 billion by Friday as planned, two people with knowledge of the matter said.
The U.S. Trade Representative's (USTR) Office will hold a hearing on Aug 19 in its probe of France's new planned tax on big technology companies, calling the proposal "unreasonable."
The Pentagon is rapidly assessing the United States' rare earths capability in a race to secure stable supply of the specialized material amid the country's trade conflict with China, which controls the rare earths industry, according to a government document seen by Reuters.
US officials will soon resume face-to-face trade talks in China, a White House official said Friday, reviving negotiations that had verged on collapse in May.
Renault has handed French prosecutors the conclusions of an audit into its joint finances with alliance partner Nissan , the carmaker said on Friday.
China on Friday (Jul 12) said it would impose sanctions on US companies involved in a potential arms sale worth US$2.2 billion to self-ruled Taiwan - a move that has infuriated Beijing.
The US government could run out of money in early September unless Congress allows the administration to borrow more, Treasury Secretary Steven Mnuchin warned on Friday (Jul 12).
United Airlines Holdings said on Friday the Boeing 737 MAX would stay off its flight schedule until Nov. 3, a fresh extension leading to about 2,100 cancellations in September and 2,900 in October as the jets remain grounded worldwide.
