Bloomberg Venezuela wrote to fellow OPEC members urging them to unite against US sanctions, echoing a similar letter from Iran, according to people with knowledge of the matter. The two countries requested that the Organization of Petroleum Exporting Countries (OPEC) should discuss the impact of American sanctions at its upcoming meeting on June 22, the people said. Both nations asked ...

Bloomberg ZTE Corp. pledged to overhaul its flawed management and internal culture after striking a deal with the US to get back in business after a damaging two-month hiatus. In a memo to employees seen by Bloomberg News, Chairman Yin Yimin promised to hold “relevant people” accountable for a ban on purchases of American technology that threatened to smother China’s ...

Bloomberg A top US executive with South Korea’s Hyundai Motor Co. said President Donald Trump has “targeted” international car companies with tariff threats, showing little regard for whether those automakers build vehicles in the US and employ Americans. “The scary thing is there seems to be a lot of conversation around import-based companies and not even much realisation that there’s ...