Britain and the European Union are likely to miss their mid-November deadline to clinch a post-Brexit trade because talks in London to break a deadlock are expected to run through the end of this week, sources on both sides told Reuters on Wednesday.
Louis Dreyfus, one of the world's biggest commodity firms, has agreed to sell a stake in its business to Abu Dhabi-based holding company ADQ and had also struck a deal with ADQ to sell agri-commodities to the United Arab Emirates.
China urged the United States on Wednesday to stop boosting ties with Taiwan, after Washington and Taipei announced they would hold economic talks this month that Taiwan's government described as a "major milestone" in relations.
China's Alibaba said orders on its e-commerce platforms during the Singles' Day shopping extravaganza had exceeded $56 billion by Wednesday morning, as lockdown-weary consumers splashed out on as many as 16 million discounted goods.
Saudi shares on Wednesday traded higher as crude prices gained on hopes of an effective COVID-19 vaccine, while Dubai and Qatar markets lost steam after two consecutive sessions of solid gains.
China's Alibaba said orders made through its e-commerce sites during its Singles' Day shopping extravaganza had exceeded $56 billion by Wednesday morning, as lockdown-weary consumers splashed out on as many as 16 million discounted products.
Regional Express Holdings Ltd (Rex) aims to have around 30 or 40 narrowbody jets operating on domestic routes in Australia by the end of 2022 if its expansion to major cities is a success, the airline's deputy chairman said on Wednesday.
Japanese shares hit a more than 29-year high on Wednesday, as investors remained hopeful of a swift global economic recovery from the COVID-19 pandemic on vaccine-related developments.
A travel bubble between Hong Kong and Singapore will begin on Nov 22, the two cities announced on Wednesday, as they moved to re-establish overseas travel links and lift the hurdle of quarantine for visiting foreigners.
FXEmpire.com - The New Zealand Dollar is edging higher early Wednesday after the Reserve Bank (RBNZ) left its Official Cash Rate (OCR) unchanged at 0.25%, in line with market expectations.
Chinese e-commerce giant Alibaba Group Holding Ltd kicked off its annual Singles' Day mega-shopping event on Wednesday, looking to cash in on consumers itching for discounts as the economy rebounds from the COVID-19 crisis.
An executive from China Minmetals Corp on Tuesday called for the creation of a Chinese zinc smelters group - along the lines of an existing collective for copper - to negotiate with miners on concentrate supply and pricing.
Meatpackers in Brazil such as JBS SA and BRF SA have yet to address key sustainability issues affecting investor perceptions of their industry, according to the Coller FAIRR Protein Producer Index released on Tuesday.
Short sellers betting against European and U.S. travel, leisure and bank stocks lost billions of dollars on Monday, after news of a COVID-19 vaccine triggered a rally in shares of companies that have suffered under months of virus-fueled restrictions and lockdowns.
Options investors, who helped push technology stocks to record highs with buying sprees earlier this year, are now taking aim at small-cap and other economically sensitive companies, reflecting a broader rotation into value shares on news of an effective COVID-19 vaccine.
Meatpackers in Brazil such as JBS SA and BRF SA have yet to address key sustainability issues affecting investor perceptions of their industry, according to the Coller FAIRR Protein Producer Index released on Tuesday.
The S&P 500 posted a modest loss and the Nasdaq closed sharply lower on Tuesday as promising news regarding an effective COVID-19 vaccine led investors away from market leaders and toward cyclical stocks associated with economic recovery.
Options investors, who helped push technology stocks to record highs with buying sprees earlier this year, are now taking aim at small-cap and other economically sensitive companies, reflecting a broader rotation into value shares on news of an effective COVID-19 vaccine.
Boeing Co lost another 12 orders for its grounded 737 MAX jetliner in October, and delivered 13 aircraft to customers, down from the 20 jets delivered in the same month a year ago, company data showed on Tuesday.
TUI is in talks with the German government on an extra 1.5-1.8 billion euros ($1.8-$2.1 billion) in state aid as two bailouts from earlier this year have not been enough for travel company to cope with the coronavirus travel slump, people close to the matter said.