Reuters

MOSCOW (Reuters) - Russian President Vladimir Putin and Chinese President Xi Jinping agreed on Thursday to deepen their "strategic partnership" while scolding the United States for a series of moves that they said threatened their countries.

In a 7,000-word joint statement on "the deepening of the comprehensive partnership and strategic cooperation entering a new era," the two leaders noted positions in everything from economics and space to defence,... (continue reading...)

By Ron Bousso

LONDON (Reuters) - Chevron is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the U.S. energy giant's exit from the ageing basin after more than 55 years.

The process comes as Chevron prepares for the $53 billion acquisition of rival Hess which it said will include up to $20 billion in assets sales around the world.

The planned exit is the latest step in a... (continue reading...)

OSLO (Reuters) - A Swedish appeals court upheld on Thursday a dismissal of Tesla's lawsuit against Sweden's Transport Agency in a conflict over licence plates, part of a wider dispute between the U.S. company and labour unions in the Nordic country.

The electric vehicle maker faces a wave of union action in the Nordic region, backing Swedish IF Metall's mechanics who have been on strike since last year, demanding a collective agreement covering wages... (continue reading...)

By Linda Pasquini

(Reuters) - Adidas is launching cheaper versions of its three-striped shoes like the white and black suede Samba as it aims to spread the trend, CEO Bjorn Gulden said on Thursday at the company's annual shareholders' meeting in Germany.

"It's important to understand that not everyone can afford to buy a shoe for 120 or 150 [dollars], but everyone wants to take part in the same trends," Gulden told investors in a... (continue reading...)

(Reuters) - American International Group said on Thursday it would sell a 20% stake in its life insurance and retirement unit Corebridge Financial for $3.8 billion.

The stake would be sold to Nippon Life Insurance Company, and the deal is expected to close by the first quarter of 2025, AIG said.

AIG also said it would maintain a 9.9% stake in Corebridge for two years after the deal closes.

(Reporting by... (continue reading...)