The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) will publish the fourth-quarter gross domestic product (GDP) report on Thursday at 08:30 a.m (1330 GMT) after it was delayed by a 35-day partial shutdown of the government that ended on Jan. 25.
Airbus, frustrated by a German freeze on arms exports to Saudi Arabia, has decided to redesign the C295 military transport aircraft it builds in Spain to remove its German content, company sources told Reuters.
The United States wants meetings as regularly as once a month to ensure enforcement of any potential trade pact with China, U.S. Trade Representative Robert Lighthizer said on Wednesday.
Oil futures rose more than 2 percent on Wednesday after a surprising plunge in U.S. crude inventories and as OPEC’s de facto leader Saudi Arabia appeared unfazed by pressure from U.S. President Donald Trump to prevent oil prices from rising.
Qatari, Chinese and Japanese investors all sought “extras” from Barclays as the British bank raised billions of pounds at the height of the credit crisis in 2008, a landmark London criminal trial heard on Wednesday.
Exxon Mobil Corp has hired veteran crude traders Mitch Rubinstein and Michael Paradise in Houston, as the oil major further boosts its trading capabilities, sources familiar with the matter told Reuters on Wednesday.
Qatar Airways said on Wednesday that it had decided not to go ahead with routes to some planned destinations following a Gulf boycott, particularly in West and Central Africa, the company said in a Twitter post.
The United States and China still have hard work ahead to reach a trade deal to end a dispute that U.S. Trade Representative Robert Lighthizer told a Congressional hearing on Wednesday was the “most severe” Washington trade policy makers had faced.
Wall Street’s main indexes extended losses on Wednesday after U.S. trade representative Robert Lighthizer said the country’s issues with China were “too serious” to be resolved by promises of more purchases of U.S. goods by Beijing.
The United States is seeking to prevent China from competitively devaluing its currency as part of ongoing trade talks between the countries, following past manipulations of the yuan, U.S. Trade Representative Robert Lighthizer said on Wednesday.
Walt Disney Co accepted a demand by Brazil’s antitrust regulator CADE that it sell local rights for the Fox Sports channel to win approval of its takeover of Twenty-First Century Fox Inc, the regulator said on Wednesday.
J.C. Penney Co Inc on Friday will end a clothing subscription service venture, the retailer said this week, a move toward sharpening its focus on more-profitable apparel sales and exiting lines like major appliances.
U.S. home improvement chain Lowe’s beat Wall Street earnings forecasts on Wednesday, and predicted that more Americans would renovate their houses this year rather than buy a home in a market where prices are rising.
Global stock indexes fell on Wednesday after U.S. Trade Representative Robert Lighthizer said it was too early to predict an outcome in U.S.-China trade talks, while oil prices rallied after inventory data.
Shares in Air France-KLM fell sharply on Wednesday after the Dutch government said it would take a 14 percent stake in the airline, highlighting tensions between France and the Netherlands over control of the company.
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