Owners of New York’s Chrysler Building hire CBRE to sell property
The owners of New York City’s iconic Chrysler Building are looking to sell the nearly 90-year-old skyscraper, one of the owners told Reuters on Wednesday.
Oil rises 2 percent on U.S.-China trade talk optimism
Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world’s two largest economies would resolve their trade standoff.
U.S.-China trade hopes lift world stocks, oil soars
World stocks extended their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war.
Exclusive: Saudi private jet industry stalls after corruption crackdown
A crackdown on corruption in Saudi Arabia has severely dented the kingdom’s private jet industry in a sign of the impact the campaign has had on private enterprise and the wealthy elite.
Apple cuts current-quarter production plan for new iPhones by 10 percent: Nikkei
Apple Inc , which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday.
Former Insys CEO to plead guilty in opioid kickback case
The former chief executive of Insys Therapeutics Inc is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive opioid medication.
World stocks near four-week high on U.S.-China trade optimism, oil climbs
World stocks extend their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal, soothing fears an all-out trade war could hit a slowing global economy.
HNA sells majority stake in Manhattan building in $422 million deal
Chinese conglomerate HNA Group [HNAIRC.UL] on Wednesday said it had sold a majority stake in a Manhattan building in a $422 million deal, the latest in a slew of asset disposals undertaken by the group to ease an intensifying cash crunch.
U.S.-China trade talks conclude as hopes of a deal build
Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the global economy can be avoided.
Oil rises by over 1 percent on U.S., China trade talk optimism
Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the global economy.
