Labor representatives at Uniper , fearing a ratings downgrade in the event of a full takeover of the German energy group, have called on major shareholder Fortum to lay out plans for future cooperation between the two companies.
U.S. stocks rose broadly on Wednesday following upbeat retail earnings from Lowe's and Target, while investors awaited release of the Fed minutes for further clues on the path of future rate cuts.
J.P. Morgan Chase customers will no longer be able to pay with their phones in stores beginning next year.
The U.S. Securities and Exchange Commission on Wednesday voted to publish new guidance that aims to clarify how investors and advisory firms that vote on their behalf should cast their votes in corporate elections on issues like pay and diversity.
U.S. stocks advanced on Wednesday following upbeat earnings from retailers Lowe's and Target that reinforced confidence in consumer demand, while investors awaited the release of the Fed minutes for further clues on the path of future rate cuts.
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A global equities gauge rose on Wednesday for a third day in four as bets on more economic stimulus overcame, for now, worries over the rising prospect of a global recession.
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Osram is likely on Wednesday to waive an agreement that currently prevents AMS from making a takeover bid for the German lighting group, paving the way for AMS to take on an offer from private equity investors, sources told Reuters.
Lowe's Cos Inc shares surged over 11% on Wednesday as the home improvement chain's efforts to focus on higher-spending customers helped it beat quarterly profit estimates and gain ground on larger rival Home Depot Inc .
Wall Street's main indexes rose about 1% on Wednesday, as upbeat earnings from retailers Lowe's and Target reinforced confidence in consumer demand, while investors awaited the release of the Fed minutes for further clues on the path of interest rate cuts.
Ryanair can still avoid a planned strike by British pilots this week if it agrees to a new framework for talks, the chief of UK pilot union BALPA said on Wednesday.
Two groups, including one backed by China's Fosun , have made competing offers to buy a 40% stake in London-listed NMC Health worth up to $1.9 billion, four sources familiar with the deal said.
U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve's shift toward lower interest rates was supporting the economy.
U.S. President Donald Trump said on Wednesday his life would be easier if he had not mounted a trade war with China but said "I am the chosen one" to take on Beijing.