Chinese rare earth prices are set to climb further beyond multi-year highs hit following a flurry of state media reports that Beijing could weaponize its supply-dominance of the prized minerals in its trade war with Washington.
France sought to fend off a hail of criticism on Thursday after it was blamed for scuppering a $35 billion-plus merger between carmakers Fiat-Chrysler FCA and Renault only 10 days after it was officially announced.
British insurer Aviva will cut 1,800 jobs globally as its new chief executive seeks to make the group more competitive by restructuring its British business and reducing costs across the business.
Mexican and U.S. officials are set to resume talks in Washington on Thursday aimed at heading off punitive tariffs on Mexican goods after President Donald Trump said more needed to be done to curb migration at the southern U.S. border.
The number of Americans filing applications for unemployment benefits was unchanged last week, suggesting the labor market remains on solid footing despite slowing economic activity.
The U.S. trade deficit unexpectedly narrowed in April as imports of goods dropped to a 15-month low, offsetting an aircraft-led decline in exports.
U.S. Vice President Mike Pence said U.S.-Mexico talks would continue on Thursday, and reiterated President Donald Trump's assessment that Mexico must do more to curb immigration at the border between the two nations.
Mexican and U.S. officials are set to resume talks in Washington on Thursday aimed at heading off punitive tariffs on Mexican goods as President Donald Trump called for Mexico to take more action to curb migration at the southern U.S. border.
Mexican President Andres Manuel Lopez Obrador said he hoped a deal could be struck with the United States on Thursday to resolve a migration dispute and avoid the Trump administration imposing trade tariffs on Mexico next week.
The European Commission is reviewing past money-laundering cases at EU banks to assess what went wrong and decide possible tweaks to rules, an EU official said, citing Deutsche Bank and Societe General as among the screened lenders.
Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian.
U.S. stocks eked out gains in choppy trading on Thursday, as hopes of an interest rate cut outweighed fears of a flare up in U.S.-China trade tensions after comments from President Donald Trump.
Officials of the U.S. Federal Reserve and International Monetary Fund separately warned on Thursday that global trade tensions and rising tariffs posed an increasing risk to decades of U.S. expansion, as well as to the global economy.
Mexican and U.S. officials are set to resume talks on trade and migration on Thursday, with the United States resisting calls from its southern neighbor, businesses and some Republican lawmakers to ease up on a plan to impose import tariffs on Mexico.
U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the world's largest economies late this month.