Edition:
United Kingdom

Business News Headlines

Stocks scale record high, crude oil gains

A gauge of global equity performance scaled fresh record highs on Wednesday, propelled by bullish growth and company earnings outlooks, while crude oil prices rose to more than two years highs.

Qatar row moves to WTO litigation phase, dismaying many

Qatar took the final step on Wednesday to start litigation at the World Trade Organization in its row with the United Arab Emirates, but no other WTO members spoke up in support of the move, which many trade experts see as a dangerous precedent.

Crude price jump helps Wall Street offset tech losses

Wall Street indexes treaded water, staying near record levels, in late morning trading on Wednesday as technology and energy stocks battled for influence and investors awaited the minutes of the Federal Reserve's latest policy meeting.