U.S.-China trade deal hopes restart stocks rally
Europe's share markets hit a more than 4-year peak and bond yields shuffled higher on Thursday, as Beijing signaled a 'phase 1' trade deal with the United States was close to being sealed.
Europe's share markets hit a more than 4-year peak and bond yields shuffled higher on Thursday, as Beijing signaled a 'phase 1' trade deal with the United States was close to being sealed.
A power struggle has escalated at Germany's Deutsche Bahn [DBN.UL], with the position of finance chief Alexander Doll at risk, company sources said ahead of a special meeting of the supervisory board of the railway company on Thursday.
Lufthansa flight attendants went on a 48-hour strike over pay and pensions on Thursday, forcing the biggest German airline to cancel hundreds of flights.
China and the United States have agreed to cancel in phases the tariffs imposed during their months-long trade war, the Chinese commerce ministry said on Thursday, without specifying a timetable.
China is considering the removal of restrictions on poultry imports from the United States, state-owned Xinhua News Agency reported on Thursday.
Dubai International, the world's busiest airport for international travelers, reported a 2.4% fall in third-quarter passenger traffic on Thursday.
A cargo of American soybeans booked in the hope it would be exempt from tariffs has been offloaded in China after about a one-week delay due to a dispute between the buyer and customs officials over duty payments, said two sources briefed on the matter.
Toyota Motor Corp plans a $1.8 billion share buyback, Japan's biggest automaker said on Thursday, after beating quarterly forecasts on higher global vehicle sales and an improved performance in North America.
Oil rose above $62 a barrel on Thursday after China hinted at progress toward a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and fuel demand.
LafargeHolcim has taken note of a French appeal court decision to drop the charge of complicity in crimes against humanity brought against Lafarge SA over its operations in Syria, the Swiss cement maker said on Thursday.
Alibaba Group's logistics operator and Russia's Pochta postal service have launched their first direct China-Russia cargo flights to deliver AliExpress goods purchased online by Russians, AliExpress Russia said on Thursday.
The bill to fix Rolls-Royce's Trent 1000 engine has risen by another 800 million pounds ($1 billion) as the aerospace group battles to reduce disruption to airline customers that have had to ground Boeing 787 passenger planes for repairs.
The advisory body of China's parliament has accepted the resignation from the body of JD.com Chief Executive Richard Liu for "personal reasons", China's state broadcaster CCTV reported on Thursday.
Uber said it "will likely" have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software, after an expert found the ride-hailing giant still used technology from the Alphabet Inc unit.
German airline Lufthansa is only interested in investing in struggling Italian airline Alitalia [CAITLA.UL], which is running out of cash and racing to find new funds, once it has been restructured, its chief executive said on Thursday.