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Market News
EUROPE MARKETS: Europe's Indexes Buoyant After Buyback Announcements From Lloyds And Glencore
Top / Flop
Wednesday, 20 February
Amid trade talks, China urges U.S. to respect its right to develop, prosper
4h ago - BEIJING (Reuters) - The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open wider.
Wall St. set to open slightly lower with focus on trade talks
1m ago - (Reuters) - U.S. stock index futures were slightly lower on Wednesday after a handful of downbeat earnings reports, while investors weighed the latest developments in trade talks between the United States and China.
Exclusive: Kinder Morgan to expand Chicago ethanol hub to calm price manipulation concerns - sources
2h ago - ORLANDO, Fla. (Reuters) - Kinder Morgan Inc will expand loading capacity at its ethanol terminal in Chicago to address producer concerns that trade at the terminal - a benchmark for global ethanol prices - is vulnerable to manipulation, three people briefed on the company's plans told Reuters.
Southwest cuts growth forecast on government shutdown pain
48m ago - (Reuters) - Southwest Airlines Co cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and a $60 million hit to first-quarter sales from the longest partial U.S. government shutdown.
French court fines UBS 4.5 billion euros in tax fraud case
21m ago - PARIS (Reuters) - A French court on Wednesday found Swiss bank UBS AG guilty of illegally soliciting clients in France and laundering the proceeds of tax evasion, and ordered it to pay 4.5 billion euros ($5.1 billion) in penalties.
Mall operator Intu shares slump after dividend axed amid retail shakeout
2h ago - (Reuters) - British shopping centre operator Intu Properties scrapped its final dividend on Wednesday due to tough conditions in the retail sector, sending its shares down more than 12 percent.
THE DAILY MACRO BRIEF: Truce between the US and China could be extended, Brexit talks at a standstill…
1h ago - Donald Trump remains optimistic about the progress of trade talks with China and reiterates his intention to extend the truce. While negotiations between the United Kingdom and the European Union are still at a standstill, Theresa May is intensifying efforts to solve the backstop issue.
Qualcomm urges U.S. regulators to reverse course and ban some iPhones
1h ago - (Reuters) - Qualcomm Inc is urging U.S. trade regulators to reverse a judge's ruling and ban the import of some Apple Inc iPhones in a long-running patent fight between the two companies.
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