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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

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

Honda Motors cuts outlook for annual profit, global sales to a 4-year low

The dour outlook comes at a time when Honda is struggling to shore up its automobile operations, with its profitability down more than half in the past two years

India's cotton output set to jump 14%, exports to remain steady: Trade body

India saw its highest monsoon rainfall in 25 years during the June-September season and rains even continued in October and November.

$50-bn Fiat Chrysler-Peugeot tie-up: Here are some key facts about the deal

Last month the two companies announced plans to join forces to create the world's fourth-largest automaker

India's retail inflation may have breached RBI's comfort level of 4% in Oct

Prices of most vegetables climbed during the month as monsoon downpours delayed harvests and disrupted supplies.

India's higher diesel exports to weigh on Asia's refining margins

Diesel cracks that had strengthened in anticipation of new marine fuel norms from January 2020 have eased since the start of September

WhatsApp snoop: Targeted users want govt to explain ties with Israeli firm

The group of 19 affected Indian users said in an open letter that Prime Minister Narendra Modi's government must explain whether it had mounted the surveillance on them

Daimler to trim 10% management worldwide to cut cost: Sueddeutsche Zeitung

Daimler's new Chief Executive is due to give a strategy update, which could include cost measures, on Nov. 14.