IFF to merge with DuPont’s $26.2 billion nutrition unit

IFF to merge with DuPont’s $26.2 billion nutrition unit
FILE PHOTO: A DuPont logo is pictured on the EMEA (Europe, Middle East & Africa) and Du Pont de Nemours International SA building in Grand-Saconnex near Geneva August 4, 2009. REUTERS/Denis Balibouse/File Photo (Reuters) – International Flavors & Fragrances Inc (IFF.N) on Sunday said it will merge with DuPont Inc’s (DD.N) $26.2 billion nutrition & biosciences unit, in a deal... Read More

U.S. exports to China to nearly double in ‘totally done’ trade deal: Lighthizer

U.S. exports to China to nearly double in ‘totally done’ trade deal: Lighthizer
WASHINGTON (Reuters) – The “phase one” U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is “totally done” despite the need for translation and revisions to its text, U.S. Trade Representative Robert Lighthizer said on Sunday. Lighthizer, speaking on CBS’ “Face the Nation” program, said there would be some routine “scrubs” to the... Read More

Mexico will never accept ‘disguised’ labor inspectors under USMCA: foreign minister

Mexico will never accept ‘disguised’ labor inspectors under USMCA: foreign minister
FILE PHOTO: Mexico’s Foreign Minister Marcelo Ebrard (not pictured) and Deputy Foreign Minister for North America Jesus Seade hold a news conference in Mexico City, Mexico, December 10, 2019. REUTERS/Edgard Garrido/File Photo MEXICO CITY (Reuters) – Mexico’s deputy foreign minister for North America, Jesus Seade, on Sunday attempted to rebut claims his country would be subject to labor enforcement inspectors... Read More

U.S.-China trade deal ‘totally done,’ will expand U.S. exports: Lighthizer

U.S.-China trade deal ‘totally done,’ will expand U.S. exports: Lighthizer
WASHINGTON (Reuters) – The “phase one” U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is “totally done” despite the need for translation and revisions to its text, U.S. Trade Representative Robert Lighthizer said on Sunday. FILE PHOTO: China’s Vice Premier Liu He gestures to the media between U.S. Trade Representative Robert Lighthizer... Read More

German union calls for pre-Christmas Amazon strike

German union calls for pre-Christmas Amazon strike
FILE PHOTO: An Amazon sign is seen at an Amazon logistics centre in Werne, Germany, December 17, 2018. REUTERS/Leon Kuegeler/File Photo BERLIN (Reuters) – Trade union Verdi called for workers at a key Amazon (AMZN.O) logistics center in Germany to go on strike over the crucial final shopping days before Christmas, demanding better pay and conditions for workers there. Unions... Read More

China suspends planned tariffs scheduled for December 15 on some U.S. goods

China suspends planned tariffs scheduled for December 15 on some U.S. goods
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade... Read More

Aramco shares up 1.6% in third consecutive day of gains

Aramco shares up 1.6% in third consecutive day of gains
FILE PHOTO: Participants attend the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s stock market, in Riyadh, Saudi Arabia, December 11, 2019. REUTERS/Ahmed Yosri DUBAI (Reuters) – Saudi Aramco (2222.SE) shares gained for a third consecutive day on Sunday, rising 1.63% to 37.4 Saudi riyal ($9.97), pushing the company’s value back toward the... Read More

Telenor says Huawei will still play role in 5G rollout

Telenor says Huawei will still play role in 5G rollout
BRUSSELS (Reuters) – Telenor (TEL.OL) will use equipment from Huawei in building Norway’s 5G network, the telecoms operator said on Sunday, one of several companies to continue working with the Chinese company despite U.S. pressure. FILE PHOTO: Telenor’s logo is seen in central Belgrade, Serbia, March 21, 2018. REUTERS/Marko Djurica/File Photo Huawei faces increased official scrutiny in Europe amid U.S.... Read More

Villains or visionaries? Hedge funds short companies they say ‘greenwash’

Villains or visionaries? Hedge funds short companies they say ‘greenwash’
LONDON (Reuters) – Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity. FILE PHOTO: Carson Block, Chief Investment Officer, Muddy Waters Capital LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo Such hedge funds, often cast as... Read More