Bloomberg Russia has started discussions with Exxon Mobil Corp. over possible new oil and gas projects, potentially creating a dilemma as the US government mulls more sanctions against the country. The consultations could expand existing cooperation between the US giant and state-run Rosneft PJSC, Russian government officials said, asking not to be named as the information isn’t public yet. The ...

Bloomberg The US, China and the European Union moved a few steps closer to a major clash at the World Trade Organisation (WTO) that risks testing the global trade referee’s neutrality and President Donald Trump’s patience for an institution he already hates. In a volley of filings, the EU, China and the US this week escalated disputes over new US ...

Bloomberg Chinese President Xi Jinping vowed “unwavering” support for the country’s private sector, the latest response from Beijing to concern over the outlook for the economy. “Any words and practices that negate and weaken the private economy are wrong,” Xi said in a letter to private entrepreneurs, Xinhua News Agency reported on Sunday. “Supporting the development of private enterprises is ...