An index of global stocks rose on Wednesday, helped by a report that Washington is proposing a new round of trade talks with Beijing and resurgent oil prices pumping up energy names.
U.S. investors Blackstone and Centerbridge are considering a 3 billion-euro ($3.5 billion) offer for Banco Santander’s headquarters in Madrid, two sources with knowledge of the matter said on Wednesday.
Former Volkswagen (VW) Chief Executive Martin Winterkorn and Bosch CEO Volkmar Denner are no longer expected to testify in a trial brought against VW’s main shareholder Porsche SE by investors, according to a judge.
Oil futures climbed on Wednesday, with Brent reaching $80 a barrel, after a larger-than-expected drop in U.S. crude inventories and as U.S. sanctions on Iran added to concerns over global oil supply.
Shares of Chinese electric carmaker NIO Inc fell as much as 15 percent in their market debut, a day after its public offering was priced at the lower end of an expected range, weighed down by investor worries about the prospects of chief rival Tesla Inc.
Japan’s Takeda Pharmaceutical Co Ltd said on Wednesday it plans to shut its U.S. headquarters in Deerfield, Illinois and move it to the greater Boston area, following the closing of its Shire Plc acquisition.
Apple is set to release its latest iPhone, along with other hardware like an updated Apple Watch, iPad and Macbook Pro. Yahoo Finance’s Alexis Christoforous, J.P. Mangalindan, Melody Hahm and Ethan Wolf-Mann discuss. …read more […]
L Brands (LB) has been reeling under consumers’ changing preferences that continue to impact its Victoria’s Secret lingerie brand. …read more […]
The Nintendo Switch Online service is scheduled to launch on September 18. It’s an important step toward bolstering the Nintendo Switch’s online features, which lag behind the Xbox One and PlayStation 4. For years, Nintendo fans have fantasized about a paid online service that would grant access to Nintendo’s rich, decades-long library of classic games. …read more […]
Apple Inc is expected to launch three new iPhones on Wednesday and leaks from Apple website have so far suggested that they will be named XS Max for the top variant, XS for the next level model and Xr for the entry version.
The benchmark S&P 500 and the Dow Jones Industrial Average were flat on Wednesday, as gains in energy companies helped offset a slide in technology stocks, which weighed on the Nasdaq.
Citigroup Inc.’s chief financial officer said on Wednesday the bank expects to exceed its previous targets for returns on shareholder equity and cost savings, helped in part by tax reform.
Executives from AT&T Inc, Twitter Inc, Alphabet Inc’s Google, Amazon.com Inc, Apple Inc and Charter Communications Inc are scheduled to testify about consumer data privacy before a U.S. Senate panel on Sept. 26, according to a congressional statement.
Macy’s Inc said on Wednesday it would hire 5,500 more seasonal workers over last year at its online fulfillment centers to handle the expected avalanche of orders for the holiday season, as it fends off competition from Walmart and Amazon.
U.S. mortgage refinancing activity declined to its lowest level in more than 17-1/2 years last week as home borrowing costs rose, the Mortgage Bankers Association said on Wednesday.
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