Mexican businesses want clarity on details of USMCA trade deal
After the initial euphoria had subsided, Mexican business leaders emerged bruised and resigned to a new stricter trade deal with the United States and Canada that could usher in more intrusive enforcement of labor rules in Mexico.
Saudi Aramco shares jump 10% on stock market debut
Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman.
Saudi Aramco shares open 10% above IPO price, garners $1.88 trillion valuation
Saudi Aramco shares opened at 35.2 riyal ($9.39) on Wednesday, 10% above their IPO price of 32 riyals, in their first day of trading following a record initial public offering.
Aramco to become world’s largest listed company -bourse
Saudi Aramco will become the world’s largest listed company when it debuts on the kingdom’s stock exchange on Wednesday, the bourse’s chairwoman said.
Porsche’s electric Taycan draws interest from 30,000 buyers: Handelsblatt
Porsche has taken down payments from 30,000 customers in Europe for its Taycan, the luxury car maker’s first fully electric model, CEO Oliver Blume told Germany’s Handelsblatt newspaper.
Thyssenkrupp’s elevator unit seeks margin boost ahead of sale
Thyssenkrupp’s elevator unit, which has been put up for sale by the ailing conglomerate, aims to improve its profitability through cost cuts, more efficient factories and a higher share of lucrative service contracts, it said on Wednesday.
Asian shares drift higher, pound eases on YouGov poll
Asian stocks extended earlier gains on Wednesday, although advances were patchy ahead of key central bank meetings while the pound wobbled as opinion polls pointed to a tight UK election later this week.
Germany to repay customers of insolvent Thomas Cook as insurance insufficient: report
Germany is planning to repay customers of insolvent Thomas Cook as the tour operator’s insurance cover is proving insufficient, broadcaster ARD reported, citing government sources.
After year of living dangerously, Fed likely to signal time to lay low
The U.S. Federal Reserve holds its last policy meeting of 2019 on Wednesday, having completed a year-long U-turn that saw it abandon a tightening cycle and lower borrowing costs three times in response to the global trade war.
Huawei’s CFO wins Canada court fight to see more documents on her arrest
Lawyers for Huawei’s chief financial officer have won a court battle after a judge asked Canada’s attorney general to hand over more evidence and documents relating to the arrest of Meng Wanzhou, according to a court ruling released on Tuesday.
