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S&P 500, Nasdaq hold at record levels after Donald Trump remarks

Trump said U.S. and Chinese negotiators were "close" to a "phase one" trade deal, but largely repeated well-worn rhetoric about China's "cheating" on trade

Facebook to consolidate payment tools across its apps with Facebook Pay

Facebook Pay will begin rolling out on Facebook and Messenger this week in the United States

Electric vehicles' rise may lead to slow global oil demand from 2025: IEA

The IEA expects there will be 330 million electric cars on the road by 2040

Foxconn posts 23% Q3 profit rise, forecasts marginal core business growth

Foxconn hopes to boost its gross profit to more than 10% in 3-5 years from 6-7% now, citing a "transformation" plan which includes investment in areas including making parts for electronic vehicles

Alibaba Group geared for blockbuster $13.4-billion listing in Hong Kong

A sale of that size will dilute existing shareholders by 2.8% and investors will be able trade shares

India's passive funds set to beat active peers for second straight year

India's passive funds have delivered an average return of 9.6 per cent so far this year, much higher than active funds' 5.7 per cent

US Regulator begins probe into Google deal to access patient's data: Report

"We are happy to cooperate with any questions about the project," Google said in a blog post later on Tuesday, regarding the federal inquiry

IOC in talks with Rosneft to import Russian oil: Chairman Sanjiv Singh

Oil minister Dharmendra Pradhan said late on Monday that India is open to importing oil from Russia.

Boeing pilot who flagged flaws in 737 MAX simulator transferred to new job

Gustavsson has been transferred in the last two weeks to Boeing's Test & Evaluation group, a source familiar with the matter said

Boeing orders sink as customers opt to swap grounded 737 MAX planes

Net orders so far this year came to just 45 at the end of October, down from 56 in September

Workers sue McDonald's over sexual harassment and 'toxic' work culture

Workers have filed more than 50 similar complaints against McDonald's and its franchisees in the United States over the last three years

Oil pares gains after Donald Trump offers few details on US-China trade

Concerns about slower economic growth and oil demand due to the fallout from the 16-month trade dispute between the world's two biggest economies have weighed on crude futures

No more MDs or VPs: Deutsche Bank's asset management unit to abolish titles

As a result, there will be no corporate title promotions in 2019, the memo said. DWS will still have a chief executive and chief financial officer.

US close to signing phase one trade deal with China: Trump at Economic Club

For weeks Trump has said the countries are close to a deal that would end their damaging trade war. He has also said the signing could take place in a rural part of the United States

Excerpts from Trump's much-awaited remarks at New York Economic Club

Unlike past leaders, my goal is to ensure that this power of incentives works in America's favor, said US president Donald Trump

Alibaba-backed EV firm XPeng raises $400 mn from Xiaomi, others for growth

The fundraising comes at what bankers and industry insiders describe as an increasingly tough financing environment for Chinese EV startups which must jostle for attention in a crowded sector

Restructuring to save South African Airways $47 bn, but affect 944 jobs

If you look at the 944 employees (who could lose their jobs), it's estimated, depending on how the process pans out, it could save the company about 700 million rand.

Wall Street opens higher as investors shift focus to Donald Trump speech

The Dow Jones Industrial Average rose 10.10 points, or 0.04%, at the open to 27,701.59

White House optimistic on prospects for US-China trade deal: Official

"We're very optimistic that round one will be completed and, hopefully, signed before the end of this year," Marc Short, chief of staff to Vice President Mike Pence, told CNBC

China factory prices falter, while inflation soars to near eight-year high

The producer price index (PPI), seen as a key indicator of corporate profitability, fell 1.6% in October from a year earlier, marking the steepest decline since July 2016