U.S. stock indexes rose on Wednesday after President Donald Trump said a trade deal with China could happen sooner than expected, while Nike’s shares hit a record high on upbeat quarterly results.
A British banker told Germany’s biggest fraud trial this week how he worked his way from office clerk to jet-setting trader before his dream career came to an early end.
Commerzbank on Thursday will name board member Bettina Orlopp as the lender’s new chief financial officer, a German newspaper reported on Wednesday.
A former head of Danske Bank’s Estonian branch, which is at the center of inquiries into the world’s largest money laundering scandal, was found dead on Wednesday.
U.S. President Donald Trump said on Wednesday that a deal to end a nearly 15-month trade war with China could happen sooner than people think.
Volkswagen’s supervisory board and workers on Wednesday gave their backing to the carmaker’s top managers a day after German prosecutors pressed charges related to the diesel emissions scandal.
Mexico’s peso and stock market slumped on Wednesday in response to an impeachment inquiry against U.S. President Donald Trump, with trade experts warning the probe risked derailing the passage of the USMCA trade deal through U.S. Congress.
Boeing Co has settled the first claims stemming from the crash of a Lion Air 737 MAX in Indonesia, a U.S. plaintiffs’ lawyer said, and three other sources said that families of those killed will receive at least $1.2 million apiece.
U.S. Transportation Secretary Elaine Chao warned regulators on Wednesday against sending conflicting messages as they work to ensure Boeing’s 737 MAX is safe to resume operations.
Chicago Federal Reserve president Charles Evans said on Wednesday he backed the Fed’s two recent rate cuts but feels the central bank is now “well-positioned” to see how economic data evolves.
German authorities have raided Deutsche Bank’s Frankfurt headquarters and are searching for information related to Danske Bank and a money laundering scandal, Frankfurt prosecutors said on Wednesday.
EBay Inc Chief Executive Officer Devin Wenig stepped down on Wednesday, citing differences with the company’s recently revamped board, which is looking to sell some of its businesses.
General Motors Co and the union that represents its 48,000 striking hourly workers in the United States have made progress in talks toward a new deal but grappling with the pay and job security of newer and temporary workers, two people familiar with the talks said on Wednesday.
U.S. stock indexes edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump more than offset gains in shares of Nike and Philip Morris.
Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the struggling housing market was starting to get a lift from lower mortgage rates.
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