Futures flat as trade moves offer mixed signals
U.S. stock index futures were largely flat on Wednesday as easing trade tensions with China did little to sway investors, who are refraining from making heavy bets ahead of the Federal Reserve’s decision on interest rates next week.
Hong Kong Exchanges bids $39 billion to take over London Stock Exchange
Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover approach for the London Stock Exchange , a proposal contingent on the LSE ditching its acquisition of data company Refinitiv.
Airbus orders visual checks on some helicopter models after fatal Norway crash
Airbus has ordered checks on three types of helicopters following a fatal crash in Norway, Norwegian authorities said on Wednesday.
China out in force at Frankfurt car show, led by battery builders
Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a strong position in electric technologies forced on European carmakers by regulators seeking to curb pollution.
Apple’s new, lower priced iPhone draws tepid response in Asia
Apple Inc’s new, lower priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed handsets from rivals are already available.
Investors unwind bearish bets as optimism grows on trade and stimulus
World stocks rose for the sixth straight day on Wednesday and bond prices fell as investors unwound safety bets, encouraged by hopes of a resolution to the Sino-U.S. trade standoff and signs Europe may be preparing to ease budget spending rules.
Hong Kong Exchanges proposes $39 billion London Stock Exchange takeover
The Hong Kong Exchanges and Clearing Limited has proposed a 31.6 billion pound ($39 billion) takeover of the London Stock Exchange, it said on Wednesday, just weeks after the London bourse announced a plan to merge with data company Refinitiv.
China exempts some U.S. goods from retaliatory tariffs as fresh talks loom
U.S. President Donald Trump on Wednesday welcomed China’s decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs, days ahead of a planned meeting aimed at defusing a trade war between the world’s two largest economies.
Great Wall may consider building cars in Europe once sales hit 50,000 a year: chairman
China’s Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets.
Chinese firms out in force at Frankfurt boosted by battery builders
Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a shift toward electric cars forced on German carmakers by regulators seeking to curb pollution.
