Chinese courier ZTO sued for "untrue statements" in $1.4 billion U.S. IPO

SHANGHAI (Reuters) - Chinese courier ZTO Express and the underwriters of its New York stock market listing have been sued by a U.S. pension fund that alleges the firm exaggerated its profit margins to lure investors into its $1.4 billion initial public offering.


WTO better for solving U.S. trade spats than NAFTA tool: Mexico minister

MEXICO CITY (Reuters) - Mexico's economy minister said on Thursday the World Trade Organization (WTO) has been more effective in resolving U.S. trade disputes than the so-called Chapter 19 mechanism, which the United States hopes to ditch as part of NAFTA talks.


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