The head of Saudi Arabia's sovereign wealth fund was made head of an executive committee overseeing plans to float shares in Saudi Aramco before he was named new chairman of the state oil giant this week, five sources familiar with the matter said.
Office-sharing firm WeWork is not doing anything new, argues the Chicago billionaire real estate investor.
Citi no longer sees a conclusion to the trade war with China before the next U.S. presidential election.
Oil prices rose nearly 3% on Wednesday, boosted by a wider market pickup on positive news from China's services sector, after three days of losses due to fears about a weakening global economy.
T-Mobile US retail employees and technicians delivered a letter late Tuesday for Deutsche Telekom CEO Tim Hoettges, seeking assurances that their jobs and paychecks will be safe if the wireless carrier is allowed to merge with Sprint, its smaller rival.
Brazilian private equity firm 3G Capital Partners Ltd sold shares in Restaurant Brands International Inc for $3 billion in the past month, regulatory filings showed.
U.S. stocks rose on Wednesday as upbeat data from China's services sector eased concerns about a global economic slowdown, while Hong Kong's withdrawal of a controversial bill supported sentiment.
Luxury carmaker Jaguar Land Rover (JLR) plans to launch 30 new or revamped vehicles in China in the next two years, it said on Wednesday, seeking to build on a recent recovery in sales in the world's biggest auto market.
Starbucks Corp said on Wednesday it expects 2020 profit growth to be lower than the current 10% rate, two months after the coffeehouse chain raised its 2019 profit forecast.
Britain's pound bounced from three-year lows on Wednesday after a parliamentary vote raised the prospect of another delay to Brexit, while an easing of worries about political risk in Italy helped push world stocks higher.
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration's "America First" agenda, surged to a six-month high.
New York Fed President John Williams says sluggish inflation is one of the central bank's most pressing issues
Google, which is owned by Alphabet Inc , and its YouTube video service will pay $170 million to settle allegations that it broke federal law by collecting personal information about children, the Federal Trade Commission said on Wednesday.
British American Tobacco said it would launch two new tobacco heating products in Japan under its glo brand, as it seeks to close the gap with market leader Philip Morris International Inc in the country's fast-growing vaping industry.
Stocks followed a firmer Chinese lead on Wednesday after a report showed growth in the country's service sector accelerating despite broader economic headwinds, while the pound halted its decline on hopes a no-deal Brexit may yet be averted.