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 on Wednesday, adding that talks aimed at resolving the trade fight would continue and markets should be patient.
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, Japan, at the G20 summit at the end of June, the editor in chief of China's Global Times newspaper wrote on Wednesday.
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 for an initial public offering as early as next month.
Market declines don't have to be a horror show. Here's the upshot: Lower portfolio values make it cheaper to convert your IRA to a Roth IRA.
Oil prices sank roughly 5% on Wednesday after disappointing economic data from China and Europe revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row.
Franklin Templeton fund manager Michael Hasenstab lost $1.8 billion on Monday due to the market slide in Argentina, according to the Financial Times.
Osram and AMS said on Wednesday that talks about a takeover of the German lighting group by the Austrian sensor maker were progressing.
Sierra Nevada Corp, a privately owned defense contractor with spaceflight ambitions, said on Wednesday it picked United Launch Alliance's Vulcan rocket to launch its Dream Chaser space plane on cargo missions to the International Space Station.
Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon.
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).
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 and Canada after reports of problems with their six-speed transmission.
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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 on Wednesday targeted Federal Reserve policy as the culprit for recent market turmoil.
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 economy could be heading for recession.
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 be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows.