Business

(Reuters) – Wall Street’s main indexes were lower on Wednesday on concerns that a “phase one” trade deal between Washington and Beijing may not be completed this year, and minutes from the Federal Reserve’s October policy meeting offered little help. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in
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Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee LONDON (Reuters) – Aston Martin, which has seen its share price plunge this year as sales failed to meet expectations after a stock market flotation, launched its first sport utility vehicle
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WASHINGTON (Reuters) – A major U.S. labor leader on Monday said there was more work to do on a new U.S.-Mexico-Canada trade agreement, pushing back against comments from House Speaker Nancy Pelosi that a breakthrough was imminent. FILE PHOTO: AFL-CIO union president Richard Trumka addresses the United Auto Workers union 37th Constitutional Convention in Detroit,
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(Reuters) – Saudi Aramco set a price range for its blockbuster listing that implies the oil giant is worth between $1.6 trillion and $1.7 trillion, below the $2 trillion Saudi Crown Prince Mohammed bin Salman previously targeted. FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October
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WASHINGTON (Reuters) – The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said. FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China
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NEW YORK (Reuters) – Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. FILE PHOTO: Oil pump jacks at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS/Jessica Lutz/File Photo Benchmark Brent crude gained $1.13,
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HONG KONG (Reuters) – Alibaba Group’s $13.4 billion Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July. FILE PHOTO: A Hong Kong dollar note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo Large IPOs and share
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BARCELONA (Reuters) – German broadcaster ProSiebenSat.1 (PSMGn.DE) is more interested in collaborating in digital growth areas than in a full-blown merger, Chief Executive Max Conze said on Thursday after Italy’s Mediaset (MS.MI) raised its shareholding. FILE PHOTO: German media company ProSiebenSat.1 Media SE Chief Executive Max Conze speaks to reporters during a briefing in Berlin,
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FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo (Reuters) – Facebook Inc (FB.O) released its fourth report on enforcement against content that violates its policies on Wednesday, adding data on photo-sharing app Instagram and content depicting suicide
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TOKYO (Reuters) – Asian stocks and Wall Street futures fell on Wednesday, as growing worries that U.S.-China trade talks are stalling and concern about intensifying unrest in Hong Kong hurt demand for risky assets. FILE PHOTO: A man walks past an electric screen showing Japan’s Nikkei and Shanghai Stock Exchange markets’ indices outside a brokerage
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