U.S. Trade Representative to submit USMCA ideas to Democrats: source
The Trump administration on Wednesday will submit to U.S. House of Representatives Democrats its latest proposals for addressing the lawmakers’ concerns with the new U.S.-Mexico-Canada trade deal, according to a source familiar with the issue.
Purdue OxyContin settlement would rank among largest in pharma history
OxyContin maker Purdue Pharma LP has reached a tentative multibillion-dollar agreement with some plaintiffs aimed at settling thousands of lawsuits over its alleged role in the U.S. opioid crisis, Reuters reported on Wednesday, citing people familiar w…
Purdue Pharma reaches tentative opioid settlement: sources
OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve widespread litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing its settlement offer in bankruptcy pro…
Explainer: Advertising execs point to five ways Google stifles business
U.S. authorities investigating Alphabet Inc’s Google for anticompetitive behavior have recently begun probing the company’s $116 billion-a-year advertising business.
‘Oracle of oil’ T. Boone Pickens dies at 91
T. Boone Pickens, a celebrated corporate raider and energy industry magnate who built an empire out of an initial $2,500 investment, died on Wednesday at age 91.
Trade hopes lift stocks, bond yields up ahead of ECB
A gauge of global equity markets climbed on Wednesday, amid small signs of progress in the trade war between the United States and China, while bond yields rose as investors remained unsure what stimulus measures the European Central Bank will provide …
Italy’s 5-Star Movement says to monitor closely Hong Kong’s bid for LSE
Italy’s ruling 5-Star Movement will monitor closely a bid by Hong Kong Exchange for the London Stock Exchange to ensure it does not hurt Italian interests, it said on Wednesday.
Wall Street advances as China extends trade olive branch
Wall Street was pushed higher on Wednesday by tariff-sensitive technology and industrial shares after China extended an olive branch ahead of next month’s trade negotiations with the United States.
Foreign trophy hunters scent bargains in Britain as pound weakens
From pubs to theme parks, sterling’s near record lows against other major currencies has encouraged overseas buyers to snap up “UK Plc”, with more bargain hunters expected.
Italy should consider special powers to protect bourse in HK bid on LSE: League
The Italian government should consider using its special powers to safeguard the country’s stock exchange in case a bid from Hong Kong Exchange on the London Stock Exchange goes through, a League party’s lawmaker said.
