Trump: would consider interim trade deal with China
U.S. President Donald Trump told reporters on Thursday he would consider an interim trade deal with China – a step he said he has seen discussed by analysts – but said he would rather reach a larger agreement on the issues.
U.S. may issue 100-year bonds if 50-year bond issue succeeds: Mnuchin
U.S. Treasury Secretary Steven Mnuchin on Thursday said the United States may issue 100-year bonds if a bid to issue 50-year bonds is successful.
Time for Pemex to step up to fend off downgrade, deputy finance minister says
After a $5 billion government lifeline to pay off debt, Mexico’s struggling state oil company Pemex must now do its part to fend off a threatened credit downgrade by keeping promises to increase production and lowering costs, a top official said.
U.S. House panel wants Boeing CEO to allow employee interviews on 737 MAX
A U.S. House committee on Thursday asked Boeing Co Chief Executive Dennis Muilenburg to request interviews with several employees as part of the congressional probe into the design, development and certification of 737 MAX involved in two fatal crashes…
WeWork considering curbing Neumann’s voting power to save IPO: FT
WeWork owner The We Company’s executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his wife from a role in succession planning, the Financial Times reported on Thursday, citing sources familiar…
Wall Street ends higher on trade, ECB stimulus hopes
Wall Street advanced on Thursday, and the S&P 500 ended the session within striking distance of its all-time closing high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank.
Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe
Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac, becoming the first of 16 financial services companies to settle litigation by investors.
Broadcom misses quarterly revenue estimates, maintains full-year forecast
Broadcom Inc narrowly missed Wall Street estimates for quarterly revenue on Thursday and maintained its full-year forecast, as it faces a slowdown in chip demand and macroeconomic uncertainty due to the ongoing U.S.-China trade war.
Trade hopes lifts stocks, bond yields
A gauge of global stock markets rose for a seventh straight day in choppy trading on Thursday after hints of progress in the U.S.-China trade dispute, pushing bond yields off lows hit earlier on the heels of new stimulus measures put forth by the Europ…
‘Not enough:’ Investors react to Pemex bond plan
Mexico’s national oil company Pemex will need more than the $5 billion cash capital contribution from the government announced on Wednesday to turn around its fate, investors said, although there was interest in the plan’s lengthening of debt maturitie…
