The United States has offered to cut existing tariffs on Chinese goods by as much as 50% and suspend new tariffs expected to go into effect Sunday in an attempt to secure a "Phase One" trade deal.
U.S. stock indexes jumped to new highs on Thursday, and Treasury yields rose, on a tweet from President Donald Trump that a trade deal with China was "very close" and a report that U.S. trade negotiators had offered to cancel a fresh round of tariffs on Chinese goods.
Saudis took to Twitter to celebrate Aramco's valuation hitting $2 trillion on Thursday, with one posting praising de-facto leader Crown Prince Mohammed bin Salman as a fortune teller.
Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin, a board member of the German conglomerate told a business daily.
Sweden's prosecution authority has opened an investigation into possible bribery by employees at mobile telecoms group Ericsson that came to light during a U.S. probe into corruption, daily Dagens Industri wrote on Thursday.
Facebook will not announce the first members of its independent oversight board this year as it originally expected, the company said on Thursday.
MSCI's global stock index hit a record high on Thursday after President Donald Trump said the United States was "very close" to reaching a trade deal with China.
The International Monetary Fund would welcome any deal to reduce U.S.-China trade tensions and tariffs, but is urging the world's two largest economies to permanently resolve their 17-month trade war, IMF spokesman Gerry Rice said on Thursday.
U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices.
The House of Representatives on Thursday passed a measure that would change basic Medicare coverage to include dental, vision and hearing, as well as limit how much beneficiaries spend on prescription drugs, among other provisions.
The United States has offered to cut existing tariffs on Chinese goods by as much as 50% and suspend new tariffs scheduled to go into effect on Sunday in an attempt to secure a "Phase One" trade deal.
The United States has reached a deal in principle with China on trade, Bloomberg News reported on Thursday, saying the so-called "phase-one" agreement was awaiting a signoff from U.S. President Donald Trump.
After three interest rate cuts and a fresh round of record highs for U.S. stock markets, has President Donald Trump lost interest in the Federal Reserve?
Wall Street's main indexes hit record highs on Thursday, but eased back from steeper initial gains, after President Donald Trump tweeted the United States was close to a deal with China ahead of a Sunday deadline that could be a turning point in the two countries' trade relations.
It may be possible to avert the next round of tariffs on Chinese imports set to be imposed on Sunday, Republican U.S. Senator John Hoeven said on Thursday following a lunch with U.S. Trade Representative Robert Lighthizer.