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Oil gains amid U.S.-China trade deal hopes, ECB talk of easing policy

Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and potential economic stimulus from the European Central Bank (ECB).



3 years ago

Blackstone chief donates $188 million to Oxford University

(This story corrects currency of donation from dollars to sterling in June 18 story.)



3 years ago

After Boeing showstopper, Airbus seeks order bounce

Airbus, reeling from the potential loss of a major customer for its best-selling A320neo as British Airways owner IAG placed a lifeline order for the grounded 737 MAX, prepared to hit back with more orders for its A321XLR on Wednesday.



3 years ago

Mitsubishi signs MOU for 15 Spacejet planes

Mitsubishi Aircraft Corp said on Wednesday it had signed a preliminary deal to sell 15 newly redesigned Spacejet M100 aircraft to a North American airline.



3 years ago

Airbus CEO says chances of no-deal Brexit increasing

Airbus Chief Executive Guillaume Faury said on Wednesday there was a growing risk Britain would leave the European Union without a withdrawal deal in a way that could damage the aerospace firm's performance next year.



3 years ago

China retains anti-dumping tariffs on U.S. distillers grains ahead of Trump-Xi talks

China's Ministry of Commerce said on Wednesday it will maintain anti-dumping and anti-subsidy tariffs on imports of U.S. distillers grains (DDGs), a by-product of ethanol production used in animal feed, after closing a review launched in April.



3 years ago

Taiwan's China Airlines plans to upgrade fleet with Boeing 777 freighters

Taiwan's China Airlines Ltd has provisionally ordered up to six Boeing Co 777 freighters, the companies said on Wednesday, as the carrier attempts to modernize its cargo fleet.



3 years ago

Central banks' dovish cooing keeps world stocks lulled near two-week highs

World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations building that the United States and the euro zone may deliver interest rate cuts as early as July.



3 years ago

EU court declares Adidas three-stripe trademark invalid

The European Union's second highest court ruled on Wednesday that Adidas's three-stripe branding was invalid as a trademark as it lacked a distinctive character.



3 years ago

Adidas says ruling only affects certain uses of 3-stripe trademark

Adidas said on Wednesday it was disappointed with a European Union court ruling declaring its three-stripe trademark invalid but the German sporting goods firm said the decision would only affect a particular use of the famous symbol.



3 years ago

China says history shows positive outcome from U.S. talks possible

Four decades of dealings between China and the United States show that positive outcomes were always possible, China's foreign ministry said on Wednesday, after their presidents agreed to rekindle trade talks at a G20 meeting this month.



3 years ago

U.S. fines firms transhipping via Cambodia to dodge Trump's China tariffs

The United States has fined several companies for exporting goods via a Chinese-owned special economic zone in Cambodia in a bid to dodge President Donald Trump's tariffs on Chinese imports, a U.S. Embassy official told Reuters on Wednesday.



3 years ago

EU clears 431 million euros aid for cleaner transport in German cities

The European Commission said on Wednesday it had cleared 431 million euros ($482.8 million) of public support by German authorities to cities to adapt diesel-powered municipal and commercial vehicles to reduce their nitrogen oxide emissions.



3 years ago

Taiwan's China Airlines signs MOU for 11 Airbus A321neo jets

Airbus unveiled an aircraft deal with Taiwan's China Airlines on Wednesday, snatching the carrier's medium-haul fleet renewal from Boeing a day after its U.S. rival made a shock entry into the single-aisle fleet of British Airways owner IAG.



3 years ago

Apple explores moving 15-30% of production capacity from China: Nikkei

Apple Inc has asked its major suppliers to assess the cost implications of moving 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday.



3 years ago