European stocks steadied on Wednesday, but sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead and the U.S.-China trade dispute triggered another round of selling.
Oil rose on Wednesday following media reports that China was open to agreeing a partial trade deal with the United States, while unrest in OPEC members Iraq and Ecuador also supported prices.
U.S. stock index futures jumped on Wednesday after latest media reports eased concerns over escalating tensions between the United States and China ahead of high-level trade talks starting Thursday.
The Trump administration's effort to cut red tape and speed up major energy projects has backfired in the case of the three biggest U.S. pipelines now planned or under construction.
The boss of Britain's biggest telecoms provider BT on Wednesday set out plans to improve the company's relationship with customers with new superfast services, more technical support and a return of its brand to the high street.
Hundreds of thousands of California homes and businesses started to lose electric power early Wednesday as part of an unprecedented effort by Pacific Gas and Electric Co. to prevent wildfires, the utility said.
Talks with potential strategic and private equity investors to rescue Thomas Cook's German tour business going well and many investors have expressed interest in the company as a whole or in its branches, the insolvent company's liquidator said.
Exxon Mobil has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program, banking and industry sources said.
Bernstein downgraded FedEx shares to market-perform from outperform on Wednesday.
Stocks gained on Wednesday as investors clung to hopes that the United States and China could yet agree some sort of trade deal, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever.
J.P. Morgan said the launch of streaming platform Disney+ and the aquistition of the Fox entertainment assets is causing near-term financial uncertainty.
The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age.
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.
Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the U.S. government and will strive to get the ban lifted, its general manager said on Wednesday.
It was not up to the French state to interfere in management decisions at Renault , France's Finance minister said on Wednesday, following a report in business daily Le Figaro that the carmaker's CEO Thierry Bollore may be replaced soon.