 | | | | U.S. stocks ended sharply higher on Wednesday, with the S&P 500 at its highest since early June, following promising early data for a potential COVID-19 vaccine and a strong quarterly report from Goldman Sachs. | | | | | | Apple Inc on Wednesday expanded its news offerings with audio versions of stories narrated by voice actors for subscribers, a morning newscast hosted by two journalists and more access to local newspaper stories. | | | | | | U.S. rare earths miner MP Materials will go public in a $1.47 billion deal by merging with a private-equity backed blank-check company, underscoring Wall Street's rising interest in efforts to boost production of the strategic minerals. | | | | | | Billionaire Richard Branson's Virgin Galactic Holdings Inc on Wednesday named Walt Disney Co executive Michael Colglazier as its new chief executive officer. | | | | | | World shares strode to four-month highs on Wednesday as hopes for a coronavirus vaccine helped lift the euro and oil prices offset rising U.S.-China tensions. | | | | | | Risk sentiment revived in currency markets on Wednesday as progress toward a COVID-19 vaccine helped equities rebound and commodity currencies strengthen, pushing the dollar to a one-month low. | | | | | | 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. | | | | | | 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. | | | | | |
