- Exclusive: Google suspends some business with Huawei after Trump blacklist - source
Alphabet Inc's Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world.
- Saudi Arabia says oil producers want to reduce inventories
Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories "gently" but his country would remain responsive to the needs of what he called a fragile market.
- OPEC has two main options for June meeting, both foresee output rise: sources
Saudi Arabia and Russia are discussing two main scenarios for a meeting of OPEC and its oil-producer allies in June and both frameworks propose increased crude output from the second half of 2019, two sources familiar with the matter said.
- OPEC+ will not recommend a course of action on output policy in Jeddah meeting: source
A ministerial panel of major OPEC and non-OPEC producers will not recommend a course of action on oil output policy on Sunday, but will highlight the need to continue monitoring the market until the next meeting in June, a source familiar with the discussions said.
- Canada vows 'full steam ahead' on ratifying trade pact after U.S. lifts metals tariffs
Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum.
- Huawei founder says growth 'may slow, but only slightly' after U.S. restrictions
Huawei Technologies' founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant "may slow, but only slightly" due to recent U.S. restrictions.
- China's top diplomat calls for U.S. restraint on trade, Iran
China's senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo on Saturday that recent U.S. words and actions had harmed the interests of China and its enterprises, and that Washington should show restraint, China's foreign ministry said.
- Spain's Globalia to launch new air carrier in Brazil: cabinet minister
Spanish tourism and transportation company Grupo Globalia will launch a new air carrier in Brazil, Brazilian Infrastructure Minister Tarcísio Gomes de Freitas said in a message posted on Twitter on Saturday.
- Exxon evacuates foreign staff from Iraqi oilfield
Exxon Mobil has evacuated all of its foreign staff, around 60 people, from Iraq's West Qurna 1 oilfield and is flying them out to Dubai, a senior Iraqi official and three other sources told Reuters on Saturday.
- Iran changes tactics, destinations on oil exports, maritime official says
Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of U.S. sanctions, a senior Iranian maritime official was quoted as saying on Saturday by the semi-official ILNA news agency.
- Exclusive: Saudi's Falih says sees no oil shortage, but OPEC to act if needed
Saudi Arabia's Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market's needs.
- Exclusive: U.S. may scale back Huawei trade restrictions to help existing customers
(Corrects title in 17th paragraph of this May 17 story to say "Chief Financial Officer" Meng Wanzhou, not "Chief Executive Officer".)
- Boeing says it has corrected simulator software of 737 MAX jets
Boeing Co has made corrections to simulator software that mimics the flying experience of its 737 MAX jets, which were involved in two fatal crashes, and the company has provided additional information to device operators, a spokesman said on Friday.
- Trump declares some auto imports pose national security threat
U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan.
- China's tough rhetoric leaves trade talks with U.S. in limbo
China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world's two largest economies would be meaningless unless Washington changed course.
- IMF's Lagarde says U.S.-China trade war could be risk for world economic outlook
The trade war between the United States and China could be a risk to the world economic outlook if it is not resolved, International Monetary Fund Managing Director Christine Lagarde told Reuters on Friday during a visit to Uzbekistan.
- Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM
Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday.
- Wall St. falls as trade anxieties spike
Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years.
- Lyft is sued by investors over IPO
Lyft is sued by investors over its initial public offering - court filing
- Lions Gate offered to sell Starz to CBS for $5.5 billion: sources
Lions Gates Entertainment offered to sell cable channel Starz to CBS Corp for $5.5 billion after rebuffing a lower offer, two sources familiar with the matter told Reuters.