The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
Talks between the world's two largest economies have stalled after each nation lobbied higher tariffs on the other's imports.Traderead more
A Chinese official in Hong Kong is urging the quick passage of legal measures to allow fugitives to be transferred to the mainland.China Politicsread more
GAC Motor said its delaying its launch in the U.S. but had no timeline when it could launch there.Autosread more
Shares in Asia were higher in Wednesday morning trade following a positive finish overnight on Wall Street, though trade tensions continued to linger between the U.S. and...Asia Marketsread more
See which stocks are posting big moves after the bell on Tuesday, May 21.Market Insiderread more
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate...Technologyread more
The United States sees signs the Syrian government may be using chemical weapons, including an alleged chlorine attack on Sunday in northwest Syria, the State Department said...Defenseread more
GENEVA, May 7 (Reuters) - WTO talks took a leaf out of Brexit's playbook on Tuesday, when China's ambassador revealed he is a fan of the speaker of Britain's parliament and suggested following one of his rulings.
The World Trade Organization has been at loggerheads over potential reforms for far longer than the Westminster wrangling triggered by Britain's 2016 vote to leave the European Union, but few would point to Brexit as a model for deal-making.
However, Zhang Xiangchen told a meeting in Geneva, where the U.S. ambassador reiterated proposals to change the rights of developing countries at the WTO, that he had been watching the Brexit debates on television.
"I very much like the style and the voice of John Bercow, who is the speaker of the House of Commons," Zhang said.
Zhang cited an "important decision" by Bercow, that the British government could not bring the same Brexit deal back for repeated votes during the same session without substantial changes, based on a rule dating from the 17th century.
"I think perhaps we should consider having similar rules to ensure the quality of our discussions," Zhang added. (Reporting by Tom Miles; Editing by Alexander Smith)