Wall Street rises on trade hopes; S&P, Nasdaq post best weeks in 7 years
Wall Street rose on Friday as investors hoped for progress on trade in a critical U.S.-China meeting over the weekend, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in nearly seven years.
U.S. judge gives preliminary OK to $48 million Volkswagen investor settlement
A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over its excess diesel emissions.
Wall Street ends higher, investors eye U.S.-China trade talks
Wall Street rose on Friday with the S&P 500 and Nasdaq posting their biggest weekly percentage gains in nearly 7 years after the U.S. Federal Reserve hinted at a more dovish approach to future interest rate hikes on Wednesday and investors hoped for progress in the U.S.-China trade dispute at a G20 summit.
BRICS slam protectionism as China-U.S. spat overshadows G20 talks
Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by U.S. President Donald Trump’s threat to escalate tariffs on China.
United Continental close to sealing deal on Avianca loan, partnership: WSJ
United Continental Holdings is close to partnering with Latin American carrier Avianca Holdings SA , as the U.S. airline company agrees to pay off debt owed to a hedge fund, the Wall Street Journal reported on Friday.
Oil tumbles on supply glut; Wall Street up on G20 comments
Oil prices retreated on Friday amid a global glut, racking up a 20 percent drop for November, while world equity markets were mixed ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping.
Trump: ‘something could very well come out’ of trade talks with China’s Xi
U.S. President Donald Trump said on Friday “something could very well come out” of his meeting on trade with Chinese President Xi Jinping on the sidelines of a Group of 20 summit in Buenos Aires, a Voice of America reporter said on Twitter.
Wall Street advances as trade optimism gathers steam
Wall Street extended its gains on Friday after a Chinese official’s optimistic remarks boosted investor hopes about U.S.-China trade talks as the G20 meeting in Buenos Aires opened.
GM’s CEO to meet U.S. lawmakers next week over job cuts
General Motors Co Chief Executive Mary Barra plans to visit Capitol Hill next week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides said on Friday.
Macron and Abe seek to avert Renault-Nissan row
France and Japan’s leaders met for bilateral talks to avert a diplomatic row over the Renault-Nissan-Mitsubishi alliance on Friday following the surprise arrest of its Chairman Carlos Ghosn in Japan.
