American Airlines cancels Boeing 737 MAX flights until Jan. 16
American Airlines Group Inc said Wednesday it is extending cancellations of Boeing 737 MAX flights through Jan. 15 as regulators continue to extensively review proposed software changes to the grounded plane.
Futures gain as reports fuel trade deal hopes
Wall Street was set to rise for the first time in three sessions on Wednesday after latest media reports eased concerns over escalating trade tensions between the United States and China, ahead of high-level trade talks starting Thursday.
Stocks grind higher as investors cling to trade truce hopes
Stocks gained on Wednesday as investors clung to hopes that the United States and China could yet agree some sort of trade deal, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever.
Factbox: International tax faces biggest shake-up in decades under OECD plan
The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age.
Multinationals face heftier tax hit in biggest overhaul for decades
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.
Futures climb as U.S.-China tensions ease
U.S. stock index futures jumped on Wednesday after latest media reports eased concerns over escalating tensions between the United States and China ahead of high-level trade talks starting Thursday.
China’s Hikvision sees only limited impact from U.S. blacklisting
Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the U.S. government and will strive to get the ban lifted, its general manager said on Wednesday.
Oil rises on signs of easing U.S.-China tensions
Oil rose on Wednesday following media reports that China was open to agreeing a partial trade deal with the United States, while Turkey’s military operation in northern Syria also supported prices as it could impact regional oil production.
BT seeks to repair customer ties with new services and products
The boss of Britain’s biggest telecoms provider BT on Wednesday set out plans to improve the company’s relationship with customers with new superfast services, more technical support and a return of its brand to the high street.
California power cutoff begin as wildfire risks rise
Hundreds of thousands of California homes and businesses started to lose electric power early Wednesday as part of an unprecedented effort by Pacific Gas and Electric Co. to prevent wildfires, the utility said.
