China to reduce restrictions on foreign investment: Xinhua

China will reduce restrictions on foreign investment and address difficulties facing foreign companies investing in the country, the commerce minister said, according to a report by the official Xinhua news agency on Saturday.

Grab appeals Vietnamese court ruling in taxi company dispute

Ride-hailing company Grab said on Saturday it had filed an appeal against a Vietnamese court ruling last month that ordered it to pay 4.8 billion dong (about $207,000) in compensation to a local taxi operator.

SpaceX to lay off 10 percent of workforce

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on Friday.

African swine fever hits farms in China’s Jiangsu province: Xinhua

A new outbreak of African swine fever has hit two farms in Jiangsu province in eastern China, the official Xinhua news agency reported on Saturday, as the highly contagious disease continues to spread through the world’s largest hog herd.

U.S. not looking to grant further Iran oil sales waivers: U.S. official

The United States is not looking to grant more waivers for Iranian oil imports after the reimposition of U.S. sanctions, the U.S. special representative for Iran said on Saturday, underlining Washington’s push to choke off Tehran’s income.