Trump says trade deal ‘coming along nicely’ with China
U.S. President Donald Trump said on Wednesday a deal with Beijing to end a trade dispute between the two countries was coming along nicely, with U.S. negotiators poised to be in China next week for more talks.
FBI joins criminal investigation into Boeing 737 MAX certification: report
The FBI has joined the criminal investigation into the certification of the Boeing Co’s 737 MAX, the Seattle Times reported on Wednesday, citing people familiar with the matter.
Oil major Total CEO’s compensation drops 17 percent in 2018: company document
The board of French oil and gas major Total has proposed total 2018 compensation for Chief Executive Patrick Pouyanne of 3.1 million euros ($3.55 million), compared with 3.8 million in 2017, company documents showed on Wednesday.
Ethiopia to lead next stage of cockpit data analysis
Ethiopian investigators will lead the next stage of cockpit data analysis from the Boeing 737 MAX that crashed outside Addis Ababa with U.S. and French support, a person familiar with the investigation said.
Exclusive: Walmart’s Chief Technology Officer leaves company as e-commerce wars flare
Walmart Inc. Chief Technology Officer Jeremy King is leaving the company, according to an internal company memo, even as the retailer races to transform its e-commerce business and close the gap with rival Amazon.com Inc.
Total CEO’s compensation drops 17 percent in 2018: company document
The board of French oil and gas major Total has proposed to keep Chief Executive Patrick Pouyanne’s 2018 compensation at 3.1 million euros ($3.55 million) compared with 3.8 million in 2017, company documents showed on Wednesday.
Fed sees no rate hikes in 2019, plans balance sheet reduction slowdown
The Federal Reserve took a sharply less aggressive policy posture on Wednesday, signaling it will not hike interest rates this year amid a slowing economy and announcing a plan to end its balance sheet reduction program by September.
U.S. oil prices rise above $60 a barrel on tightening supply
U.S. crude prices rose on Wednesday to a four-month high above $60 a barrel after U.S. government data showed tightening domestic oil supplies, but gains were capped by concerns over global economic growth due to the ongoing U.S.-China trade war.
Shares tick up with Fed boost; oil hits four-month peak
Stocks across the world fought to extend their longest winning streak of the year on Wednesday, with a global index edging up as a boost from a dovish Federal Reserve more than offset concerns over U.S.-China trade talks.
Instant View: Steady Fed sees no more hikes in 2019
The Federal Reserve held interest rates steady on Wednesday and its policymakers abandoned projections for further rate hikes this year as the U.S. central bank flagged an expected slowdown in the economy.
