 | | | | UBS will no longer be informed or be able to contest customer data the Swiss tax authorities hand over to counterparties in France investigating alleged tax avoidance, a Swiss court said on Wednesday. | | | | | | World shares strode to four-month highs on Wednesday as hopes for a coronavirus vaccine offset rising U.S.-China tensions and helped lift the euro and oil prices. | | | | | | Oil prices rose 2% on Wednesday, supported by a sharp drop in U.S. crude inventories, but further gains were limited as OPEC and its allies are set to ease supply curbs from August as the global economy gradually recovers from the coronavirus pandemic. | | | | | | OPEC and allies such as Russia agreed on Wednesday to ease record oil supply curbs from August as the global economy slowly recovers from the coronavirus pandemic but said a second wave of the virus could complicate rebalancing in the market. | | | | | | U.S. factory output rose by the most in more than 74 years in June as motor vehicle production accelerated amid the reopening of businesses, but the nascent economic recovery was overshadowed by surging new COVID-19 infections. | | | | | | Shoppers at Walmart Inc stores will have to wear face coverings, the world's largest retailer said on Wednesday, mandating what is widely seen as an effective measure to control the spread of the new coronavirus. | | | | | | U.S. stocks climbed on Wednesday, with the S&P 500 approaching its highest level in more than four months after promising early data for a potential COVID-19 vaccine and a strong quarterly report from Goldman Sachs. | | | | | | Amazon.com Inc has extended a work-from-home policy until Jan. 8 and is continuing to ask employees to defer all non-essential travel, a spokeswoman said on Wednesday. | | | | | | Tesla Inc Chief Executive Elon Musk and other Tesla employees are not at risk of having contracted the novel coronavirus after a July 3 meeting with Oklahoma's governor, who said on Wednesday he had tested positive for the virus, a spokesman for the governor said. | | | | | | Beyond Meat Inc said on Wednesday it will sell plant-based burgers and sausages at a Brazilian high-end supermarket chain, entering the country about two weeks after launching in mainland China's retail market through Alibaba Group's Freshippo markets. | | | | | |
