(Reuters) - General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.
WASHINGTON (Reuters) - The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday.
PARIS (Reuters) - France is looking to see if the European Union could compensate European companies that might face U.S. sanctions for doing business with Iran, French finance minister Bruno Le Maire said on Sunday.
BERLIN (Reuters) - German companies are concerned that U.S. President Donald Trump is increasingly thinking only of America rather than just putting his country first, the head of Germany's DIHK Chambers of Commerce told media.
SEOUL (Reuters) - The chairman of LG Group, Koo Bon-moo, who helped transform South Korea's fourth-largest conglomerate into a global brand, passed away on Sunday after a battle with a brain disease.
WASHINGTON/KABUL (Reuters) - U.S. President Donald Trump's decision to pull out of the Iran nuclear accord and re-impose sanctions on Tehran threatens to derail a project to help build Afghanistan's economy, endangering a key goal of the U.S. strategy to end America's longest war.
WASHINGTON (Reuters) - China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said on Saturday, but made no mention of a $200 billion target the White House had touted earlier.
BOSTON (Reuters) - Proxy adviser Institutional Shareholder Services (ISS) recommended on Friday that investors vote against Tesla Inc directors Antonio Gracias and James Murdoch, increasing pressure on the car maker over their roles on its board.
FRANKFURT (Reuters) - Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks.
NEW YORK (Reuters) - The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks.