Wall Street treads water as trade talks reach crucial stage
U.S. stocks were nearly flat in choppy trading on Wednesday, ahead of a crucial round of trade talks that will be held against the backdrop of additional tariffs on Chinese goods due later this week.
Thomson Reuters profit tops Wall Street forecasts, shares hit all-time high
Thomson Reuters Corp on Wednesday reported stronger-than-expected quarterly profit, boosted by strong demand for information it sells to legal professionals, and reaffirmed its forecast for the rest of this year and 2020.
U.S. to hike tariffs on $200 billion worth of Chinese imports: Federal Register
The United States will raise tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent effective on Friday, according to a notice posted to the Federal Register on Wednesday.
Exclusive: China backtracked on almost all aspects of U.S. trade deal – sources
The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies, according to three U.S. …
Anti-trust watchdog blocks $11 billion merger of Vodafone’s Australian business with TPG Telecom
Australia’s anti-trust regulator blocked a A$15 billion ($11 billion) merger between TPG Telecom and Vodafone’s Australian joint venture on competition grounds on Wednesday, knocking shares in the firms involved.
Trump says he would be happy to keep tariffs on Chinese imports in place
U.S. President Donald Trump said on Wednesday he would be happy to keep tariffs on Chinese imports in place, adding that China is mistaken if it hopes to negotiate trade later with a Democratic presidential administration.
U.S. will raise tariffs on $200 billion worth of Chinese imports: Federal Register
The United States will raise tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports effective Friday, according to a notice posted to the Federal Register on Wednesday.
Wall Street set for lower open as trade talks reach crucial stage
Wall Street was set to extend a two-day losing streak on Wednesday, as investors fretted over the outcome of a crucial round of U.S.-China trade negotiations.
Japan’s Sharp to return to U.S. TV market, regains brand license
Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the license for its own TV brand sold to China’s Hisense Group four years ago.
Eyeing IPO riches, Uber drivers go on strike in U.K. and U.S.
Uber drivers in London and New York started a day of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday’s blockbuster stock market debut.
