 | | | | SINGAPORE/BEIJING (Reuters) - China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday. | | | | | | SAN FRANCISCO (Reuters) - Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday. | | | | | | NEW YORK (Reuters) - Oil benchmarks fell on Wednesday after an unexpected build in U.S. crude and gasoline inventories despite strong demand, and as traders weighed a possible increase in OPEC crude output to cover any shortfalls in supply from Iran and Venezuela. | | | | | | NEW YORK (Reuters) - General Electric Co cannot guarantee its 2019 dividend and is still fixing its power and capital units, Chief Executive John Flannery said on Wednesday, sending the industrial conglomerate's stock down nearly 8 percent. | | | | | | (Reuters) - Comcast Corp confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media assets of Twenty-First Century Fox , setting up a bidding war with rival Walt Disney Co , which already has agreed to a $52-billion deal with Fox. | | | | | | NEW YORK (Reuters) - Global stocks pared losses and the dollar cut gains on Wednesday after the release of minutes from the Federal Reserve's May 1-2 meeting amid heightened concerns that setbacks to U.S.-China trade talks would undermine world economic growth. | | | | | | (Reuters) - The S&P 500 erased losses to trade little changed on Wednesday after minutes from the last Federal Reserve meeting suggested higher inflation may not result in faster interest rate hikes. | | | | | | FRANKFURT (Reuters) - Deutsche Bank plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, a person with knowledge of the matter said on Wednesday. | | | | | | FRANKFURT/DUESSELDORF, Germany (Reuters) - Heinrich Hiesinger's position as Thyssenkrupp's CEO is more precarious than it has ever been as he prepares to unveil a new strategy to placate impatient investors, including Cevian and Elliott, people familiar with the matter said. | | | | | | PARIS (Reuters) - French President Emmanuel Macron told executives from the world's biggest technology firms that he believed in innovation but that he wanted tougher regulations and for them to contribute more to society. | | | | | |
