Bloomberg Two days of US-China trade discussions ended in Beijing with an agreement to keep on talking, and little else. China’s official Xinhua News Agency reported that both sides reached a consensus on some trade issues while acknowledging major disagreements on some matters. It said they would continue discussions, without providing specifics for when they would start again. Neither side ...

Bloomberg Shares of CBS Corp. and Viacom Inc. surged on speculation that a long-awaited merger between the two companies may finally be close. CBS Chief Executive Officer Leslie Moonves helped kick off the rally with stronger-than-expected results, signaling that his management team should stay in control in the event of a Viacom deal. The upswing gained additional momentum afternoon, when ...

Bloomberg The European Union is leaving open the option of a settlement with President Donald Trump over his controversial metal tariffs on the basis of US import quotas, according to officials from the bloc. An EU condition for such a deal would be that any US limits on steel and aluminum from the 28-nation bloc be set at levels no ...