Chinese Commerce Minister Wang Wentao said during a meeting in New York with Chinese company representatives that China and the U.S. "have reached consensus on a number of issues after several rounds of economic and trade consultation," according to a statement by the ministry late Wednesday. This will help to "stabilize economic and trade relations between the two countries," he said.
Sarkozy Convicted of Criminal Conspiracy in Gadhafi Funding Case
PARIS-A French court found former President Nicolas Sarkozy guilty of criminal conspiracy in a trial that examined whether his 2007 presidential campaign received millions of euros from the regime of Libyan strongman Moammar Gadhafi.
A panel of judges was expected to sentence Sarkozy later Thursday after reading out a lengthy verdict to a Paris courtroom where the 70-year-old former head of state sat with his wife, Carla Bruni, and his three sons.
China's Xi Takes Veiled Swipe at Trump, Announces Climate Plan
Chinese leader Xi Jinping took an indirect jab at President Trump and criticized countries that are turning away from the fight against global warming as he presented a new plan to cut greenhouse-gas emissions under the Paris accord.
"Green and low-carbon transition is the trend of our time," Xi said in a video message to the United Nations on Wednesday. "While some countries are acting against it, the international community should stay focused in the right direction."
RFK Jr.'s Team Wanted to Tout an Autism Therapy. He Went After Tylenol Instead.
WASHINGTON-Health Secretary Robert F. Kennedy Jr.'s team had decided by the beginning of September to tell Americans that acetaminophen, the active ingredient in Tylenol, was a possible cause of autism. But officials were divided over how much emphasis to put on the painkiller and were planning to discuss it as one of many possible causes, people familiar with the matter said.
Doctors that Kennedy had selected to lead key agencies under him-Jay Bhattacharya, Mehmet Oz and Marty Makary-suggested the big story should be leucovorin, a little-known generic drug in which they saw promise for alleviating autism symptoms.
Write to priscila.barrera@wsj.com
TODAY IN CANADA
Earnings:
BlackBerry Limited 2Q
Vecima Networks 4Q
WildBrain Ltd. 4Q
Economic Indicators (ET):
0830 July payroll employment, earnings and hours, and job vacancies
Stocks to Watch:
Air Canada Sees 3Q Capacity Down 2%; Operating Income C$250M-C$300M ; Revenue Effect of Cabin-Crew Labor Disruption C$430M; Cuts View to 2025 Capacity Up 0.5%-1.5%; Cuts 2025 View to Adjusted EBITDA C$2.9B-C$3.1B
Alimentation Couche-Tard Prices US$1.2B Private Offering of USD Denominated Senior Unsecured Notes; Offering US$700M of 4.148% Senior Unsecured Notes Due 2028; Offering US$500M of 5.077% Senior Unsecured Notes Due 2035; Also Offering CAD Denominated Senior Unsecured Notes; Prices C$500M of 3.864% Senior Unsecured Notes Due 2032; Expects USD Note Offering to Close on or About Sept. 29; Alimentation Couche-Tard Expects CAD Note Offering to Close on or About Sept. 26; Plans to Use Proceeds From Sale of Notes to Repay Debt Under U.S. Commercial Paper Program
Orbit Garant Drilling 4Q EPS C$0.06; Net C$2.2M; Rev C$47.2M
Expected Major Events for Thursday
05:00/JPN: Aug Supermarket sales
05:30/JPN: Aug Tokyo area department store sales
05:30/JPN: Aug Nationwide department store sales
06:00/GER: Sep GfK consumer climate survey
06:45/FRA: Sep Consumer confidence survey
08:30/UK: Aug Capital issuance statistics
09:30/GER: ifo Joint Economic Forecast of German economic research institutes
10:00/UK: Sep CBI Distributive Trades Survey
12:30/US: Aug Advance Report on Durable Goods
12:30/CAN: Jul Payroll employment, earnings and hours, and job vacancies
12:30/US: 2Q Revised Corporate Profits
12:30/US: 09/20 Unemployment Insurance Weekly Claims Report - Initial Claims
12:30/US: U.S. Weekly Export Sales
12:30/US: 2Q 3rd estimate GDP
12:30/US: Aug Advance Economic Indicators Report
13:00/RUS: Weekly International Reserves
14:00/US: Aug Existing Home Sales
14:30/US: 09/19 EIA Weekly Natural Gas Storage Report
15:00/US: Sep Federal Reserve Bank of Kansas City Survey of Tenth District Manufacturing
20:30/US: Foreign Central Bank Holdings
20:30/US: Federal Discount Window Borrowings
23:30/JPN: Jul Final Labour Survey - Earnings, Employment & Hours Worked
23:30/JPN: Sep CPI (Tokyo), CPI ex-Food (Tokyo)
23:50/JPN: Sep Provisional Trade Statistics for 1st 10 days of Month
All times in GMT. Powered by Onclusive and Dow Jones.
Expected Earnings for Thursday
Accenture PLC (ACN) is expected to report $2.98 for 4Q.
Amerityre Corp (AMTY) is expected to report for 4Q.
Benitec Biopharma Inc (BNTC) is expected to report $-0.40 for 4Q.
BlackBerry Ltd (BB,BB.T) is expected to report $0.01 for 2Q.
CarMax Inc (KMX) is expected to report $1.01 for 2Q.
Concentrix Corp (CNXC) is expected to report $1.05 for 3Q.
Costco Wholesale Corp (COST) is expected to report $5.75 for 4Q.
Espey Manufacturing & Electronics Corp (ESP) is expected to report for 4Q.
Fonar Corp (FONR) is expected to report for 4Q.
Immersion Corp (IMMR) is expected to report $0.08 for 4Q.
Jabil Inc (JBL) is expected to report $2.44 for 4Q.
Leafly Holdings Inc (LFLYD) is expected to report for 2Q.
Lightpath Technologies Inc - Class A (LPTH) is expected to report $-0.05 for 4Q.
Mercurity Fintech Holding Inc (MFH) is expected to report for 1Q.
NanoViricides Inc (NNVC) is expected to report for 4Q.
Ontrak Inc (OTRKQ) is expected to report for 2Q.
Rave Restaurant Group Inc (RAVE) is expected to report for 4Q.
Spanish Broadcasting System Inc - Class A (SBSAA) is expected to report for 2Q.
TD SYNNEX Corp (SNX) is expected to report $2.23 for 3Q.
Vecima Networks is expected to report for 4Q.
WildBrain is expected to report for 4Q.
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ANALYST RATINGS ACTIONS
Adobe Cut to Equal-Weight From Overweight by Morgan Stanley
Amazon Raised to Overweight From Equal-Weight by Wells Fargo
Bloom Energy Cut to Underperform From Hold by Jefferies
General Motors Raised to Buy From Neutral by UBS
GXO Logistics Raised to Buy From Neutral by Goldman Sachs
Keurig Dr Pepper Cut to Equal-Weight From Overweight by Barclays
Knight-Swift Transport Cut to Neutral From Positive by Susquehanna
LTC Properties Raised to Market Perform From Underperform by BMO Capital
Metsera Cut to Market Perform From Outperform by Leerink Partners
PROS Holdings Cut to Sector Weight From Overweight by Keybanc
Quanta Services Raised to Buy From Hold by Jefferies
ServiceNow Raised to Overweight From Equal-Weight by Morgan Stanley
Valley National Bancorp Raised to Buy From Hold by Jefferies
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
09-25-25 0619ET
