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S&P 500 Index climbs from 14-month low as Fed looms

Bloomberg The S&P 500 Index climbed from a 14-month low as investor nerves seemed to steady a day after a rout in US stocks. US stock gains were led by technology and health companies. The Stoxx Europe 600 Index pared losses by more than half to trade slightly lower on the day. Treasuries and the Japanese yen advanced amid a ...

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Traders see no-deal Brexit to sink pound

Bloomberg For foreign-exchange traders, a no-deal Brexit is bound to sink the pound no matter what protections are put in place to mitigate immediate financial risks. As lawmakers hit gridlock over Prime Minister Theresa May’s proposed withdrawal accord, some have suggested Britain could leave the European Union without a divorce deal in hand and take steps to control and contain ...

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Huawei says blacklisting it will only hurt industry

Bloomberg Huawei Technologies’s rotating chairman, speaking publicly for the first time since the shock arrest of its chief financial officer, warned that blacklisting the Chinese company without proof will only hurt the industry and snarl the advent of future wireless technologies worldwide. The company took swipes at the US and its allies on Tuesday during its first press event since ...

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