China tariff cut buoys stocks as investors look beyond virus
Stock markets across the world rose on Thursday, buoyed by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods that emboldened bets that the global economy would avoid long-term damage from the coronavirus.
Exxon and Papua New Guinea should return to LNG negotiating table, says Total CEO
Exxon Mobil Corp and the Papua New Guinea government must return to the negotiating table so that a $13 billion expansion of gas production can proceed, the head of French oil major Total , a partner in the plan, said on Thursday.
Deutsche Bank shares soar after new shareholder steps in
Deutsche Bank on Thursday said Los Angeles-based Capital Group has taken a 3.1% stake, boosting shares in Germany’s largest bank which has been hit by losses and misconduct scandals.
Swiss investor adviser Ethos calls for Credit Suisse overhaul after spying
Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse Chairman Urs Rohner to step down in a boardroom battle with Chief Executive Tidjane Thiam sparked by a scandal over the Swiss bank’s spying on executives.
Oil rises for a second day as OPEC+ weighs coronavirus action
Oil futures rose for a second day on Thursday, boosted by potential OPEC+ action to counter oil demand loss from the coronavirus outbreak and by optimism that trade tensions between China and the United States were easing.
Total beats quarterly forecasts despite low oil price, raises payout
Total beat forecasts on Thursday by keeping net adjusted fourth-quarter profit steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy firm’s shares.
What does Britain want from trade deal with United States?
British trade minister Liz Truss on Thursday set out the country’s priorities for a post-Brexit trade deal with the United States.
UK seeks big tariff reductions in U.S. trade deal
Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of a post-Brexit push to secure new free-trade agreements.
Google Maps seeks business, transit reviews in new look as it turns 15
Alphabet Inc’s Google Maps on Thursday launched a redesign that prominently solicits users’ reviews and photos of places they visit, seeking to increase its data in a field led by local search apps such as Zomato, TripAdvisor and Yelp.
EU trade chief Hogan returns to Washington as auto tariffs loom
European Trade Commissioner Phil Hogan returned to Washington on Thursday for talks with U.S. counterpart Robert Lighthizer designed to improve transatlantic ties as the threat of auto tariffs looms.
