Shares rally, bond yields rise as China fuels trade deal hopes
U.S. and European shares advanced on Thursday as China struck a hopeful tone on trade relations with the United States and as Italy appeared close...
As U.S. Treasuries sizzle, some bond investors brace for possible sell-off
While there seems to be no end on the horizon to this year’s dramatic rally in U.S. Treasuries that has collapsed yields more than a...
Huawei under probe by U.S. prosecutors for new allegations: WSJ
U.S. prosecutors are investigating new instances of alleged technology theft by Chinese telecommunication equipment maker Huawei Technologies Co Ltd, the Wall Street Journal reported on...
U.S. charges reverse mortgage lender Live Well’s ex-CEO with fraud
The U.S. government on Thursday charged the founder of reverse mortgage provider Live Well Financial Inc with engineering a $140 million fraud by inflating the...
Tech rally boosts Wall Street after China trade comments
Wall Street’s main indexes surged on Thursday, boosted by technology stocks, as China sounded hopeful on trade negotiations with the United States, lifting investor sentiment...
Avianca to pack more seats into planes as part of recovery plan, executive says
Latin American airline Avianca will look to increase the number of passengers it can fit into a plane without enlarging its fleet as part of...
BNP Paribas plans bid for Deutsche Bank’s equity derivatives
French lender BNP Paribas plans to bid for Deutsche Bank’s equity derivatives book and is hopeful it can beat off rival bidders to secure a...
U.S. economy slowing, but consumers limiting downside
U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor...
Volkswagen to invest $577 million in Brazil auto plant
Volkswagen will invest 2.4 billion reais ($577 million) in one of its Brazil factories, Sao Paulo state governor Joao Doria said on Thursday during a...
Exclusive: T. Rowe Price held talks with Guaido team on Venezuela PDVSA 2020 payment
T. Rowe Price has held informal talks with advisors of Venezuelan opposition leader Juan Guaido about financing a $913 million payment on state oil firm...