Commodities

Business Highlights

___ US-China trade war elevates the risks to the global economy WASHINGTON (AP) — The trade war that has erupted between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy.

Aramco massive IPO now appears highly unlikely: report

The much-touted initial public offering (IPO) of Saudi Arabia's giant state-owned oil company Aramco has stalled and, according to government officials and people familiar with the matter, will probably never take place, The Wall Street Journal said Thursday.

Business Highlights

___ Why they fight: US and China brawl over high technology WASHINGTON (AP) — To understand why the United States and China stand on the brink of a trade war, consider the near-death experience of American Superconductor Corp.