China's Tencent Music debut strikes a chord with investors

Shares of China-based music streaming company Tencent Music Entertainment Group rose in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry.

Under Armour forecasts 2019 revenue growth below estimates

Under Armour Inc on Wednesday forecast 2019 revenue growth and profit below analysts' estimates, citing relatively flat results for North America, sending its share down about 11 percent.

With stock riding tailwind, United Airlines CEO doubles down on growth strategy

With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction.

Trade talk lifts stocks, sterling rises on May bets

A gauge of global stock markets rallied along with U.S. Treasury yields on Wednesday as optimism abounded for a trade thaw between the U.S. and China while sterling bounced on bets that UK Prime Minister Theresa May would keep her job.

Wall Street rises on U.S.-China trade optimism

U.S. stocks were up 1 percent on Wednesday afternoon, though well below their session highs, as investors were hopeful about U.S.-China trade relations after the latest comments from both sides and eyed some reassuring signs in British politics.

FCC considers ending merger ban among broadcast networks

The Federal Communications Commission on Wednesday voted to open a new review of U.S. media ownership rules and seek comments on whether the government should end a prohibition on mergers among the four largest broadcast networks.

Norfolk Southern moves headquarters to Atlanta

Norfolk Southern Corp said on Wednesday it would shift its headquarters to Atlanta from Virginia, tapping a major hub for transportation.

Brazil court grants Nissan ex-boss Ghosn access to Rio apartment

A Brazilian court decided on Wednesday that ousted Nissan Chairman Carlos Ghosn or his daughter should have the right to access a contested Rio apartment to retrieve personal belongings, according to a legal document seen by Reuters.

Exclusive: China makes first major buy of U.S. soybeans since Trump-Xi meet

China on Wednesday bought at least 500,000 tonnes of U.S. soybeans in its first major purchase of the oilseed since U.S. President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, traders said.

Toyota advances plans to replace Takata airbags in 65,000 vehicles

Toyota Motor Corp said on Wednesday it is advancing by a year plans to replace Takata airbags in about 65,000 Toyota and Lexus vehicles in the United States it had previously replaced.

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