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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.

Thyssenkrupp said it was preparing to replace Chief Executive Guido Kerkhoff, making him the latest casualty at the German steel-to-submarines conglomerate which has been in crisis mode for more than a year.

CEO turnover hit an all-time record high in August and September is looking to be no different.

General Motors Co and the union that represents its 48,000 striking hourly workers in the United States have made progress in talks toward a new labor deal but are grappling with issues over the pay and job security of newer and temporary workers, two people familiar with the talks said on Wednesday.

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 diesel emissions scandal.

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 risked derailing the passage of the USMCA trade deal through U.S. Congress.

U.S. stock indexes hit session highs on Wednesday after President Donald Trump said a trade deal with China could happen sooner than expected.

U.S. Transportation Secretary Elaine Chao warned regulators on Wednesday against sending conflicting messages as they work to ensure Boeing Co's 737 MAX is safe to resume operations.

Credit Suisse aims to wrap up this week an internal investigation into a confrontation between its former wealth management chief Iqbal Khan and private detectives that he claims were shadowing him, a source close to the situation said.

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 came to an early end.

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Commerzbank on Thursday will name board member Bettina Orlopp as the lender's new chief financial officer, a German newspaper reported on Wednesday.

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U.S. stock indexes were set for their best day in two weeks on Wednesday after President Donald Trump said a trade deal with China could happen sooner than expected, while Nike shares hit a record high on upbeat quarterly results.

Fabio Panetta will bring both creativity and rigorous data analysis skills to the European Central Bank's executive committee when he joins the six-member board in January, according to people who know the Bank of Italy deputy governor.