U.S. stocks rose broadly at the open on Wednesday as encouraging data from China allayed concerns of slowing global growth, with sentiment getting a boost on signs of easing tensions in Hong Kong following the withdrawal of a controversial bill.
Fiat Chrysler will invest almost one billion euros ($1.1 billion) to start production of the new Alfa Romeo compact SUV Tonale and of the light hybrid version of its Panda small car at its Pomigliano plant, unions said on Wednesday.
U.S. stocks were set to open higher on Wednesday after encouraging data from China allayed concerns of slowing global growth, with sentiment getting a boost from easing of tensions in Hong Kong following the withdrawal of a controversial bill.
British American Tobacco said it would launch two new tobacco heating products in Japan under its glo brand, as it seeks to close the gap with market leader Philip Morris International Inc in the country’s fast-growing vaping industry.
Google, which is owned by Alphabet Inc , and its YouTube video service will pay $170 million to settle allegations that it broke federal law by collecting personal information about children, the Federal Trade Commission said on Wednesday.
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration’s “America First” agenda, surged to a six-month high.
Britain’s pound bounced from three-year lows on Wednesday after a parliamentary vote raised the prospect of another delay to Brexit, while an easing of worries about political risk in Italy helped push world stocks higher.
Starbucks Corp said on Wednesday it expects 2020 profit growth to be lower than the current 10% rate, two months after the coffeehouse chain raised its 2019 profit forecast.
Apparel retailer American Eagle Outfitters Inc forecast third-quarter profit below estimates on Wednesday after reporting disappointing quarterly same-store sales due to weak performance in certain seasonal clothing lines.
Oil prices rose on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, after three days of losses due to fears about a weakening global economy.
WeWork owner, The We Company, said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a $5.9 million (4.8 million) payment to its chief executive for use of the trademarked word “We” ahead of a planned initial public offering.
Emirates President Tim Clark said engine makers Rolls-Royce and GE must improve their reliability, saying the airline would not take new Airbus and Boeing planes unless they were truly ready.
U.S. stock index futures rose on Wednesday after encouraging data from China allayed concerns of slowing global growth in the backdrop of an ongoing trade dispute between the United States and China.
WeWork owner The We Company said on Wednesday it will add a woman to its board of directors and unwound a $5.9 million payment to its chief executive for use of the trademarked word “We” ahead of a planned initial public offering.
Oil prices rose on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, after three days of losses on lingering fears about a weakening global economy.
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