World Bank’s Georgieva approved as new IMF chief
Bulgarian economist Kristalina Georgieva was confirmed on Wednesday as managing director of the International Monetary Fund, the IMF said, becoming the first person from an...
Boeing expected to testify at U.S. Senate hearing on plane safety
Boeing Co is expected to testify at an upcoming U.S. Senate Commerce Committee hearing on aviation safety, a spokeswoman for the panel said Wednesday....
U.S. bucks broader equity weakness on trade hopes, dollar gains
The U.S. bucked weakness in other world stock markets and the dollar rebounded on Wednesday after President Donald Trump said a trade deal with China...
Wall Street rises on Trump’s trade comments; Nike hits record high
U.S. stock indexes rose on Wednesday after President Donald Trump said a trade deal with China could happen sooner than expected, while Nike’s shares hit...
German fraud trial hears trader’s journey from floor to jet-set
A British banker told Germany’s biggest fraud trial this week how he worked his way from office clerk to jet-setting trader before his dream career...
Commerzbank to name Bettina Orlopp as new CFO: FAZ
Commerzbank on Thursday will name board member Bettina Orlopp as the lender’s new chief financial officer, a German newspaper reported on Wednesday....
Trump says trade deal with China could happen sooner than people think
U.S. President Donald Trump said on Wednesday that a deal to end a nearly 15-month trade war with China could happen sooner than people think....
Elliott renews call to split Marathon Petroleum
Elliott Management Corp on Wednesday renewed its demand for Marathon Petroleum Corp to split into three companies, saying such a move would boost shareholder value...
VW board, workers support top managers despite indictment
Volkswagen’s supervisory board and workers on Wednesday gave their backing to the carmaker’s top managers a day after German prosecutors pressed charges related to the...
Mexico markets slump on worries about Trump inquiry and trade deal
Mexico’s peso and stock market slumped on Wednesday in response to an impeachment inquiry against U.S. President Donald Trump, with trade experts warning the probe...