Levi Strauss will be worth about US$ 6.5bn when the denim-maker rejoins the stock market after 34 years away. Shares in the inventor of the blue jean have been priced at US$ 17 each, just above the target range of US$ 14-16.
US stocks have fallen after President Donald Trump said his administration was considering leaving tariffs on China for a substantial period. Mr. Trump said that a trade deal with Beijing was coming along nicely, but his comments dampened hopes a deal would be reached soon. US negotiators are due to visit China next week to resume talks.
Farmers in Brazil and Argentina are concerned about Brazilian President Jair Bolsonaro's agreement to import 750,000 tons of wheat from the United States and other countries outside the Mercosur trade bloc without the 10% tariff that is usually required for such purchases.
United States president Donald Trump and Brazil’s new leader Jair Bolsonaro forged a bond over their shared brand of conservative and populist politics on Tuesday, with Trump pledging to give more U.S. support to Brazil’s global ambitions.
President Donald Trump is escalating his pressure on General Motors, as he calls for the company to reopen an Ohio manufacturing plant.
A US jury has found that one of the world's most widely-used weed-killers was a “substantial factor” in causing a man's cancer. Pharmaceutical group Bayer had strongly rejected claims that its glyphosate-based Roundup product was carcinogenic. But the jury in San Francisco ruled unanimously that it contributed to causing non-Hodgkin's lymphoma in California resident Edwin Hardeman.
Boeing Co's commercial airplane division, facing its biggest crisis in years following deadly crashes of its flagship 737Max, has brought in a new vice president of engineering while dedicating another top executive to the aircraft investigations, a company email showed on Tuesday.
The United States and Brazil have agreed to steps aimed at lowering barriers to agricultural trade, focusing on wheat, pork and beef, the presidents of the two nations said in a joint statement on Tuesday.
United States Treasury Department announced new sanctions on Venezuelan state-run ferrous metals mining Company, Minerven, and its President, Adrián Antonio Perdomo on Tuesday for promoting “illicit” gold operations that have continued to prop up the regime of President Nicolas Maduro.
Brazilian President Jair Bolsonaro, on his first official visit to Washington, declared himself an unabashed admirer of the United States and said he was seeking a new era of close relations after what he called decades of anti-American leaders.