French prosecutors step up Ghosn probe over palace party, Oman dealings
French prosecutors said on Wednesday they had assigned a judge to formally investigate various allegedly suspect financial dealings linked to Renault , which a judicial...
S&P 500, Nasdaq scale new highs on China stimulus hopes, drop in new virus cases
The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures...
U.S. housing starts drop; building permits near 13-year high
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help...
Boeing heads to court amid fight over release of 737 MAX documents
Boeing Co heads to court on Wednesday to dispute a request from lawyers representing victims of a 737 MAX crash for documents related to the...
U.S. housing starts fall; building permits near 13-year high
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength amid lower mortgage...
Kuwaiti parliament to investigate Airbus aircraft orders
Kuwaiti lawmakers agreed on Wednesday to set up a committee to look into whether Airbus’s aircraft orders from the Gulf Arab state involved alleged corruption,...
Qatar Airways spends $600 million to lift stake in BA owner to 25%
Qatar Airways has bought a $600 million stake in British Airways-owner IAG to increase its holding to 25.1%, strengthening its position ahead of a change...
Oil up on slowing pace of coronavirus, Venezuela sanctions
Oil prices rose on Wednesday, with Brent gaining for a seventh straight day, after a slowing of new coronavirus cases in China eased demand worries...
BlackRock bolsters European management as part of regional expansion: memo
BlackRock , the world’s biggest asset manager, has appointed two executives to oversee its operations in continental Europe as part of efforts to expand in...
China stimulus hints, slowing spread of virus lift stocks
A decline in the number of new coronavirus cases in China and mounting expectations for more policy stimulus boosted global stock markets on Wednesday, helping...