With Mexico deal done, US urges China to resume trade talks

With Mexico deal done, US urges China to resume trade talks
FUKUOKA, Japan — One down, still others to go. President Donald Trump claimed a victory after Washington and Mexico agreed on measures to stem the flow of Central American migrants into the United States. Trump called off plans to impose a 5% tax on Mexican exports, and Treasury Secretary Steven Mnuchin, speaking to reporters Saturday in Fukuoka on the sidelines... Read More

FedEx will stop air shipments of packages for Amazon

FedEx will stop air shipments of packages for Amazon
FedEx is dropping a contract for air shipment of packages for Amazon within the United States, reducing its ties with the online retail giant that is already expanding its own delivery business. FedEx said Friday that it will not renew the contract for domestic FedEx Express handling of Amazon shipments when the deal expires June 30. Spokeswoman Katie Wassmer called... Read More

G-20 finance leaders’ goal: Adapt to turmoil in trade, tech

G-20 finance leaders’ goal: Adapt to turmoil in trade, tech
FUKUOKA, Japan — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from upsets to the global economy as Beijing and Washington clash over trade and... Read More