Aramco indicative share price up slightly to 37 riyals

Saudi Aramco’s (2222.SE) shares went up slightly to 37 Saudi riyals ($9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company’s market value slightly below $2 trillion. Aramco’s shares closed at 36.8 riyals on Thursday after hitting earlier in the day the $2 trillion price tag long sought by Saudi Crown Price …

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

China has suspended the planned 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 two countries agreed a “phase one” trade deal on Friday. The statement was issued on the websites of government departments including China’s finance ministry …

New Zealand recovery teams return to volcanic island, two remain missing; death toll rises to 16

New Zealand recovery teams returned to the volcanic White Island on Sunday but were unable to locate two remaining bodies in their search, as the death toll from Monday’s eruption rose to 16, police said. New Zealand Police Search and Rescue and Disaster Victim Identification staff return to Whakatane Airport after conducting a search for …

Negotiators work through the night to salvage U.N. climate summit

Negotiators worked into the early hours of Sunday to try to salvage a strong global commitment to fight climate change after some of the most vulnerable nations said they were being sidelined at a marathon U.N. summit in Madrid. Carolina Schmidt, COP25 President and Chile’s Minister of Environment, speaks at the U.N. Climate Change Conference …

Queen Elizabeth to set out UK PM Johnson’s agenda on Thursday

Queen Elizabeth will set out on Thursday Prime Minister Boris Johnson’s legislative agenda following his election victory, including a pledge to bring the EU Withdrawal Agreement bill back to parliament before Christmas, his office said on Saturday. FILE PHOTO: Queen Elizabeth II welcomes Boris Johnson during an audience in Buckingham Palace, where she officially recognised …

Mexico objects to labor enforcement provision in North American trade deal

Mexico’s deputy foreign minister, Jesus Seade, said on Saturday he sent a letter to the top U.S. trade official expressing surprise and concern over a labor enforcement provision proposed by a U.S. congressional committee in the new North American trade deal. FILE PHOTO: Mexico’s Deputy Foreign Minister for North America, Jesus Seade, reacts during the …