Business & Finance News
(Reuters) – A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to a record high, but the Dow remained under pressure from an escalation in the U.S.-China trade spat that has slammed global markets.
SINTRA, Portugal (Reuters) – A developing trade war between the world’s biggest economies is already weighing on business confidence and could force central banks to downgrade their outlook, the world’s most powerful central bank chiefs argued on Wednesday.
WASHINGTON (Reuters) – U.S. President Donald Trump and a group of lawmakers from the Senate and House of Representatives will meet at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp , a White House spokeswoman said.
MUNICH (Reuters) – Munich prosecutors questioned Audi’s arrested Chief Executive Rupert Stadler about a global diesel-cheating scandal on Wednesday, a person familiar with the matter told Reuters.
MILAN (Reuters) – Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region’s equity market.
PARIS (Reuters) – The head of Boeing jetliner sales said on Wednesday he was confident a new mid-market jet could enter service in 2025.
WASHINGTON (Reuters) – U.S. President Donald Trump and a group of lawmakers from the Senate and House of Representatives will meet at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp , a White House spokeswoman said.
(Reuters) – Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.
CANNES, France (Reuters) – WPP needs radical change to stay ahead of the digital revolution reshaping the industry and its clients, the man now steering the world’s largest advertising group said.
(Reuters) – Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co on Wednesday named Atul Gawande as the chief executive officer of their health venture.
(Reuters) – Walt Disney Co raised its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, sweetening its offer with cash as it looks to scuttle Comcast Corp’s $65 billion offer last week.
(Reuters) – U.S. stocks rose at open on Wednesday led by technology and media stocks after a punishing few sessions due to a rapid escalation in trade tensions between the United States and China.
(Reuters) – OxyContin maker Purdue Pharma LP, facing a wave of lawsuits blaming it for helping fuel the U.S. opioid epidemic, said on Wednesday it had laid off about 350 employees this week including the remainder of its already-downsized sales force.
(Reuters) – U.S. stocks looked set for a bounce on Wednesday after being battered in the past few sessions following a rapid escalation in trade tensions between the United States and China.
(Reuters) – Walt Disney Co sweetened its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, topping Comcast Corp’s $65 billion offer last week.
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