World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations building that the United States and the euro zone may deliver interest rate cuts as early as July.
The European Union’s second highest court ruled on Wednesday that Adidas’s three-stripe branding was invalid as a trademark as it lacked a distinctive character.
Four decades of dealings between China and the United States show that positive outcomes were always possible, China’s foreign ministry said on Wednesday, after their presidents agreed to rekindle trade talks at a G20 meeting this month.
The United States has fined several companies for exporting goods via a Chinese-owned special economic zone in Cambodia in a bid to dodge President Donald Trump’s tariffs on Chinese imports, a U.S. Embassy official told Reuters on Wednesday.
The European Union’s second highest court ruled on Wednesday that Adidas’s trademark consisting of three parallel stripes was invalid.
Mitsubishi Aircraft Corp said on Wednesday it had signed a preliminary deal to sell 15 newly redesigned Spacejet M100 aircraft to a North American airline.
Airbus Chief Executive Guillaume Faury said on Wednesday there was a growing risk Britain would leave the European Union without a withdrawal deal in a way that could damage the aerospace firm’s performance next year.
China’s Ministry of Commerce said on Wednesday it will maintain anti-dumping and anti-subsidy tariffs on imports of U.S. distillers grains (DDGs), a by-product of ethanol production used in animal feed, after closing a review launched in April.
Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and potential economic stimulus from the European Central Bank (ECB).
(This story corrects currency of donation from dollars to sterling in June 18 story.)
Airbus, reeling from the potential loss of a major customer for its best-selling A320neo as British Airways owner IAG placed a lifeline order for the grounded 737 MAX, prepared to hit back with more orders for its A321XLR on Wednesday.
Australia’s Qantas Airways Ltd said on Wednesday it would order 10 Airbus SE A321XLR jets and convert another 26 from a prior order to the new long-range model.
Asian shares hit five-week highs on Wednesday as investors wagered the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.
Some U.S. insurers are turning to Wall Street’s financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved.
The U.S. Federal Reserve concludes its latest two-day policy meeting on Wednesday expected to leave interest rates on hold but flag whether it plans to cut rates later this year as investors expect and the U.S. president has demanded.
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