U.S. stocks rose 1 percent on Wednesday, boosted by technology stocks, as a report about China planning to increase access for foreign firms added to optimism fuelled by President Donald Trump’s upbeat comments on trade.
Proposals for reforming the World Trade Organization fail to deal with problems raised by the United States, U.S. Ambassador Dennis Shea told the WTO’s General Council on Wednesday.
Germany is conducting high-level discussions to facilitate a possible merger of the nation’s two largest private banks – Deutsche Bank and Commerzbank – Bloomberg reported on Wednesday.
U.S. stocks jumped at open on Wednesday as the Wall Street Journal report about China’s plans to increase access for foreign firms added to earlier optimism on trade from Trump’s upbeat comments.
Stock markets rallied on Wednesday as U.S. President Donald Trump sounded upbeat about doing a trade deal with China, while sterling jumped off 20-month lows as Prime Minister Theresa May vowed to fight a challenge to her leadership.
U.S. consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs.
Incoming Thyssenkrupp supervisory board member Martina Merz has emerged as favorite to become head of the steel-to-submarines conglomerate’s supervisory board, three people familiar with the matter told Reuters on Wednesday.
Intel Corp said on Wednesday that it has developed a way to stack its computing circuits on top of one another in a bid to regain the lead in chip manufacturing technology that it has lost to rivals like Taiwan Semiconductor Co Ltd in recent years.
U.S. stock futures jumped 0.9 percent on Wednesday, joining a global equities rally, as President Donald Trump’s encouraging comments fueled optimism over trade negotiations between the United States and China.
– U.S. consumer prices were unchanged in November, held back by a sharp decline in the price of gasoline, but underlying inflation pressures remained firm amid rising rents and healthcare costs.
U.S. stock futures rose about 0.7 percent on Wednesday, joining a global equities rally, as President Donald Trump’s encouraging comments fueled optimism over trade negotiations between the United States and China.
Here are highlights from the Reuters interview with U.S. President Donald Trump on Tuesday.
JPMorgan Chase & Co has made a splash this year in Washington, D.C. opening branches for the first time in the nation’s capital.
Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world’s biggest smartphone market slumps amid rising competition from lower-cost local rivals.
Renault told alliance partner Nissan to stop contacting the French company’s directors ahead of a Thursday board meeting as the Japanese automaker tried to share evidence of wrongdoing by its ousted chairman Carlos Ghosn, two sources said.
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