A gauge of equities worldwide shed early losses on Wednesday as Wall Street stocks rose despite looming recession jitters, while sterling tumbled as Britain's prime minister moved to restrict parliamentary time before the country's planned departure from the European Union.
Brazil's influential finance minister has convinced President Jair Bolsonaro to consider the once-unthinkable step of privatizing state-owned oil company Petrobras , but stiff political opposition could stifle any effort to sell the country's corporate crown jewel.
If you live in a hurricane-prone area, be aware that the season for those storms peaks in September. Now's a good time to review how ready you'll be.
U.S. stocks recovered from early losses on Wednesday, helped by financial stocks, although investors were guarded as worries about a recession loomed and trade tensions between the United States and China dragged on.
Over 160 business groups on Wednesday appealed to U.S. President Donald Trump in a letter to postpone all tariff hikes on Chinese imports scheduled this year, warning that it could hit shoppers with higher prices during the holiday season.
U.S. stocks advanced on Wednesday, as gains in financial and energy shares helped equities recover from initial declines, but investors remained cautious about the potential for another flare-up in U.S.-China trade tensions.
Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google's official Android operating system and widely used apps such as Google Maps, company executives told Reuters.
A gauge of equities worldwide rose on Wednesday as data showing strong demand for oil helped subdue recession jitters, while sterling tumbled as Britain's prime minister moved to restrict parliamentary time before the country's planned departure from the European Union.
Richmond Federal Reserve President Thomas Barkin on Wednesday said he was closely watching developments around the outlook for economic growth but had yet to make up his mind on whether the economy needs another interest rate cut.
President Donald Trump will announce a plan to boost demand for biofuels, which farmers and producers say has suffered from waivers the administration has issued exempting oil refiners from requirements to blend ethanol into the U.S. fuel supply, Secretary of Agriculture Sonny Perdue said on Wednesday.
President Donald Trump is likely to announce a plan that aims to mitigate the impact of waivers granted to oil refineries on biofuel demand in the next couple of weeks, Agriculture Secretary Sonny Perdue said on Wednesday.
Tapping factories in Brazil and India has not lessened Apple Inc's dependence on China, the company's supply chain data shows, raising the stakes for the iPhone maker as U.S. President Donald Trump wages a trade war and promises more tariffs.
Luxury jeweler Tiffany & Co on Wednesday reported quarterly earnings that beat estimates on a drop in marketing costs even as sales were hurt by lower spending by Chinese tourists in the United States and political unrest in Hong Kong.
U.S. President Donald Trump will announce a plan to boost demand for biofuels within weeks, Secretary of Agriculture Sonny Perdue said on Wednesday, as the administration seeks to assuage farmers angered by its expanded use of waivers freeing refineries from their obligation to blend ethanol into the fuel supply.
Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com Inc's voice assistant Alexa, online payments and music storage in a bid to compete strongly with Apple Inc's smartwatches.