Futures fall as Trump speech clouds trade deal hopes
U.S. stock index futures fell on Wednesday, a day after the S&P 500 and Nasdaq hit new record highs, as a lack of clarity on U.S.-China trade relations from President Donald Trump and escalating tensions in Hong Kong dampened risk appetite.
Russia to cut share of U.S. dollar in National Wealth Fund, mulls other currencies
Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday.
Takeaway CEO has no plans to raise $5.5 billion Just Eat bid
Takeaway.com Chief Executive Jitse Groen said on Wednesday he did not intend to increase a 4.3 billion pound ($5.5 billion) offer for Britain’s Just Eat , despite a higher unsolicited bid from larger rival Prosus .
Tesla’s Berlin move reflects Germany’s carmaking prowess: minister
German Economy Minister Peter Altmaier said on Wednesday that U.S. electric vehicle pioneer Tesla’s announcement that it will build its first European factory near Berlin was a result of Germany being renowned as a carmaking hub.
Unilever appoints Nils Andersen as chairman, replacing Dekkers
Unilever named Danish businessman Nils Andersen as chairman on Wednesday, hoping his experience of consumer goods and logistics will help the group navigate a slowdown in its biggest markets and re-energize its foods business.
European shares knocked off four-year highs by Trump speech
European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to “substantially” increase tariffs if China failed to agree a trade deal, and he also took a swipe at European Union trade policies.
Brandenberg premier: Any support for Tesla will be in accordance with EU rules
The premier of the Brandenburg state that surrounds Berlin said on Wednesday any support for U.S. electric vehicle pioneer Tesla – which has said it will build its first European factory near Berlin – would be in accordance with EU rules.
German ministers: No talk of subsidies for Tesla’s Berlin plans
Economy Minister Peter Altmaier said on Wednesday that there had been no discussion yet of German government subsidies for U.S. electric vehicle pioneer Tesla , which has said it will build its first European factory near Berlin.
Airbus frontrunner to win big Air Arabia order: sources
Airbus is likely to win an order for at least 100 jets from Air Arabia with an announcement possibly coming as soon as the Dubai Airshow next week, two sources told Reuters.
Exclusive: U.S. manufacturing group hacked by China as trade talks intensified – sources
As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald Trump’s trade policies, according to two people familiar w…
