Einhorn’s Greenlight Capital up 11 percent in year to date: source

Hedge fund manager David Einhorn’s Greenlight Capital, which had its worst year in 2018, is up 11 percent so far this year and will soon be open to take in new cash, a source familiar with the matter said on Wednesday.

United Tech profit beats on higher aero parts sales

Industrial conglomerate United Technologies Corp reported a better-than-expected fourth-quarter profit on Wednesday and forecast 2019 earnings above estimates, boosted by acquisition of aero parts maker Rockwell Collins.

Russia says oil price war with U.S. would be too costly

Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a production pact with OPEC said.

JPMorgan AM turns more constructive on global stock markets

J.P. Morgan Asset Management has turned more constructive on prospects for global stock markets, saying it saw opportunities among cheaply valued mid-cap companies and financials following a year of weak returns.

J&J eying surgical robotics firm Auris Health: Bloomberg

Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.

China says will step up fiscal spending this year to support economy

China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday.

BOJ cuts inflation view, keeps stimulus as risks to economy heighten

The Bank of Japan cut its inflation forecasts on Wednesday and warned of rising risks to the economy from faltering global demand, further pushing back policymakers’ years-long efforts to foster durable growth.

Asian stocks pause amid worries over growth and trade

Asian stocks took a breather on Wednesday, with mounting signs of slowing global growth and concerns over a yet-unresolved Sino-U.S. trade dispute putting the brakes on investor appetite for risk assets.