U.S.-China trade deal hopes lift Wall Street
U.S. stocks gained on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.
U.S. stocks gained on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.
A strong sales update from LVMH boosted stocks across the luxury goods sector on Thursday, as months of unrest in Hong Kong proved less of a drag on the Louis Vuitton owner in the third quarter than expected.
A member of Swiss drugmaker Roche's controlling family said on Wednesday that short-term profit maximization has "destroyed the planet" and the world needs a new breed of capitalism putting long-term interests first.
Boeing Co said Thursday that airlines around the world have inspected 810 737 NG planes and found 38 structural cracks that will require repair and replacement of the affected parts.
Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement, following sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.
Top U.S. and Chinese negotiators met on Thursday for the first time since late July to try to find a way out of a 15-month trade war as new irritants between the world's two largest economies threatened hopes for progress.
Top U.S. and Chinese negotiators are working towards an "early harvest" of confidence-building agreements that could forestall further U.S. tariffs, including an agreement to avoid currency manipulation, a senior U.S. Chamber of Commerce official said on Thursday.
Wells Fargo & Co is adding to teams that process mortgage loans to prepare for higher mortgage volumes, according to a memo viewed by Reuters shows.
London Stock Exchange is mulling an overhaul of its Italian business MTS ahead of a potential merger with data provider Refinitiv, two Italian sources with knowledge of the situation said on Thursday.
U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.
Alphabet unit Google's fight against a record EU antitrust fine related to its Android mobile software received a boost after Europe's second-highest court allowed Android phone maker Gigaset and HMD Global Oy to intervene in the lawsuit.
U.S. stocks rose by about 1% for the second straight day on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.
Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement, following sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.
Stocks were near session highs on Thursday after U.S. President Donald Trump said he would meet with China's top trade negotiator on Friday, while oil rose as OPEC pledged a decision on supply at its December meeting.
Boeing Co said on Thursday that airlines had inspected 810 of the company's 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts.