Osram and AMS say takeover talks are constructive
Osram and AMS said on Wednesday that talks about a takeover of the German lighting group by the Austrian sensor maker were progressing....
Ford extends warranties on 560,000 Focus, Fiesta models
Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Focus and Fiesta cars in the United States...
Factbox: Where’s the fit? Sensor specialist AMS eyes lighting group Osram
Austrian sensor specialist AMS plans to buy Osram Licht in a deal that would value the bigger, German group at 4.3 billion euros ($4.8 billion)....
Trump sees Fed rather than trade war as source of market turmoil
With global markets flashing concern about the fallout from the U.S.-China trade war and the near-term strength of the American economy, U.S. President Donald Trump...
U.S. yield curve inverts for first time in 12 years, flags recession
The U.S. Treasury yield curve inverted on Wednesday for the first time since June 2007, in a sign of investor concern that the world’s biggest...
Exclusive: China curbs gold imports as trade war heats up
China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could...
WeWork to test IPO investor appetite with widening losses
WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares...
China requests removal of additional tariffs as per Osaka consensus: Global Times editor in chief
China is asking that it and the United States remove all additional tariffs in line with a consensus reached between the two sides in Osaka,...
No concessions from China as Trump postpones some tariffs: U.S. officials
China made no concessions to the United States after President Donald Trump postponed threatened tariffs on some Chinese imports until mid-December, senior U.S. officials said...
Wall Street tumbles on growing recession fears
Wall Street main indexes slumped more than 2.5% on Wednesday, as a closely watched U.S. bond market indicator pointed to a renewed risk of recession...