Business & Finance News
(Reuters) – U.S. stock index futures were lower on Wednesday on fresh uncertainty over U.S.-China trade talks and ahead of a Federal Reserve report that would be watched for cues on pace of future interest rate hikes.
PARIS (Reuters) – IBM announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft .
SAN FRANCISCO (Reuters) – Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc’s “deceptive and misleading” use of the name Autopilot for its assisted-driving technology.
SAN FRANCISCO (Reuters) – Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc’s “deceptive and misleading” use of the name Autopilot for its assisted-driving technology.
BERLIN (Reuters) – German Chancellor Angela Merkel’s cabinet agreed on Wednesday to grant compensation of up to around 1 billion euros to utilities RWE and Vattenfall for income lost due to the nuclear phase out, the environment ministry said.
MOSCOW (Reuters) – VTB , Russia’s second-largest bank, has stopped lending to sanctioned Russian metals tycoon Oleg Deripaska, VTB’s President Andrei Kostin told CNBC in an interview released on Wednesday.
PARIS (Reuters) – Workers at France’s state-owned SNCF rail company on Wednesday resoundingly rejected President Emmanuel Macron’s planned overhaul of the railways in an internal ballot organized by labor unions.
LONDON (Reuters) – Investors sold equities on Wednesday and raced to buy yen and government bonds from the United States and Germany on fears that setbacks to U.S-China trade talks would undermine increasingly fragile-looking world growth.
CHENNAI/MUMBAI (Reuters) – An Indian court halted the proposed expansion of Vedanta Resources Plc copper smelter on Wednesday where a day earlier 11 people were killed when police fired on protesters seeking closure of the plant on environmental grounds.
BEIJING (Reuters) – Tesla Inc has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost for the U.S. firm as the world’s largest auto market pivots towards electric cars.
EAST PEORIA, Ill. (Reuters) – Orders for the mining machines and construction bulldozers made at this sprawling Caterpillar Inc. factory in central Illinois have jumped, in general, three-fold over the past year.
(Reuters) – Shares of Vedanta Ltd fell to their lowest since July 5, 2017, after at least nine people were killed in the southern state of Tamil Nadu when police fired at violent protesters calling for the closure of a copper smelter run by parent Vedanta Resources Plc .
(Reuters) – Shareholders of casino operator Wynn Resorts Ltd voted against the company’s executive compensation plan at its annual meeting last week, Wynn said in a regulatory filing late on Tuesday.
TOKYO (Reuters) – Asian shares were mostly weak on Wednesday with investors cautious after U.S. President Donald Trump tempered optimism over progress made so far in trade talks between the world’s two largest economic powers. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, while Japan’s Nikkei lost as much as 1.4 percent to hit a 1-1/2-week low and the Shanghai Composite Index retreated 0.6 percent.
BEIJING (Reuters) – China’s ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington’s ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.
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