U.S. Commerce Secretary Wilbur Ross signaled on Friday that Washington may flex its muscle with additional trading partners in order to exert pressure on China to open its markets.
The United States is “in the midst of an internal process” of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.
Saudi Arabia’s Crown Prince Mohammed bin Salman said the kingdom’s main sovereign wealth fund (PIF) will surpass its target of increasing its financial clout to $600 billion by 2020, as part of the efforts to wean economy off oil.
The revamped Nafta deal has raised the prospect of investment picking up again in Mexico, but foreign investors remain wary of the incoming president’s proposed policies, The Financial Times reports.
General Electric ended the week up 16.7 percent at $13.18 a share, the stock’s best week in nearly a decade after naming Larry Culp chairman and CEO.
Ryanair is suffering its most turbulent period, beset by strikes, high fuel prices and fiercer competition, The Financial Times reports.