- Posted By mideacap
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- March 30, 2017
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- News
U.S. Commerce Secretary Wilbur Ross held out hope on Thursday that the Trump administration will revive the U.S. Export-Import bank’s full lending powers, saying the institution is part of its “trade toolbox” to boost exports. The U.S. government trade lender has been hobbled for the better part of two years by conservative Republicans in Congress
Wall Street’s major indexes ended slightly higher but well off session highs as investors grew nervous about a meeting between China’s President Xi Jinping and U.S. President Donald Trump. The Dow Jones Industrial Average .DJI rose 14.87 points, or 0.07 percent, to 20,663.02, the S&P 500 .SPX gained 4.54 points, or 0.19 percent, to 2,357.49
BP shareholders have rejected a pay package of almost £14m for chief executive Bob Dudley at the oil company’s annual general meeting. Just over 59% of investors rejected Mr Dudley’s 20% increase, one of the largest rejections to date of a corporate pay deal in the UK. The vote is non-binding on BP, but earlier,