Wall Street rises on Apple, trade optimism
U.S. stocks rose on Wednesday, lifted by Apple a day after the launch of its latest iPhones and as China moved to ease trade tensions...
Exclusive: Purdue Pharma nears partial opioid settlement, bankruptcy filing – sources
OxyContin maker Purdue Pharma LP is nearing a partial agreement to resolve widespread litigation over its alleged role in fueling the U.S. opioid crisis and...
Stocks climb on trade hopes, bond yields rise ahead of ECB
A gauge of global equity markets climbed on Wednesday, encouraged by signs of a thaw in the trade war between the U.S. and China, while...
Switzerland warns Facebook’s Libra it will face extra scrutiny
Facebook’s Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on...
Mexico sees diminished threat of U.S. tariffs after effort to curb migration
Mexican President Andres Manuel Lopez Obrador said on Wednesday the U.S. threat of tariffs on Mexican goods has lessened, after his top envoy met U.S....
As trade war pinches China, it opens doors wide for foreign money
As the Sino-U.S. trade war drags on, Beijing is throwing its door wide open to foreign investors as concerns grow over declining exports, capital flight...
Trade optimism, Apple push Wall Street slightly higher
U.S. stocks rose slightly on Wednesday as China’s move to ease trade tensions with the United States soothed investor nerves, while shares of Apple gained...
Saudi Aramco gives nine banks top roles on world’s biggest IPO: sources
Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to be the world’s largest, two...
U.S. producer prices rise; Fed still seen cutting interest rates
U.S. producer prices unexpectedly rose in August and underlying producer inflation rebounded, but the data on Wednesday did not change financial market expectations that the...
Europe orders urgent Airbus helicopter checks after Norway crash
European regulators have ordered immediate checks on recently delivered versions of some Airbus helicopters after a crash in Arctic Norway last month killed five Norwegians...