Instant view: Fed holds interest rates steady, sets up for cuts

NEW YORK (Reuters) – The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the... Read more »

Senior U.S.-Chinese trade negotiators to confer before Trump-Xi G20 meeting

WASHINGTON/BEIJING (Reuters) – The top U.S. trade negotiator said on Wednesday it is in the interests of China and the United States to have a successful trade pact and... Read more »

Wall Street set for subdued open ahead of Fed statement

(Reuters) – U.S. stock index futures pointed to a flat opening for Wall Street’s main indexes on Wednesday, as investors refrained from taking positions ahead of the Federal Reserve’s... Read more »

Adidas three-stripe trademark ruled invalid by EU court

LUXEMBOURG (Reuters) – Adidas’ three-stripes have been ruled invalid as a trademark by a European Union court which said they lacked a distinctive character recognizable throughout the 28-country bloc.... Read more »

After Boeing showstopper, Airbus seeks order bounce

PARIS (Reuters) – Airbus, reeling from the potential loss of a major customer for its best-selling A320neo after British Airways owner IAG placed a lifeline order for Boeing’s grounded... Read more »

Toyota snub dents Saudi Arabia’s manufacturing drive

RIYADH (Reuters) – Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman’s grand plan to wean... Read more »

U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting

WASHINGTON (Reuters) – China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets with... Read more »

Google invests $1 billion to ease housing shortage near California headquarters

FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay/File Photo (Reuters) – Alphabet Inc’s Google announced... Read more »

Airbus seeks new partners to expand in U.S. space market

PARIS (Reuters) – Airbus’ defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build components for a lunar... Read more »

From gas in Russia to China-bound plastics, Austria’s OMV shifts focus for growth

VIENNA (Reuters) – After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision... Read more »