US and China to resume trade talks

US officials plan to travel to China next week to resume face-to-face talks aimed at ending a trade war between them, according to media reports.   The US and China have imposed tariffs on billions of dollars’ worth of one another’s goods over the past year.   A truce at…

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Berry Global to buy RPC Group for $4.37 billion

British packaging company RPC Group has agreed to a higher offer from plastics manufacturer Berry Global Group Inc worth £3.34 billion ($4.37 billion) in preference to a lower bid from Apollo Global Management LLC.   RPC, Europe’s biggest plastic packaging group, said on Friday it had revoked support for Apollo’s…

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China exports fall over 20% in February

Chinese exports saw the steepest fall in three years in February, adding to worries about growth in the world’s second largest economy.   Official data show exports from China plunged 20.7% from a year earlier, as its trade war with the US took a toll.   Imports fell 5.2% and…

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