Trade optimism drove global stock markets higher Wednesday after the U.S. struck agreements with Japan, the Philippines and Indonesia. For Japan in particular, the lowering of tariffs on carmakers to ...

Shares in Mercedes-Benz and Volkswagen jumped more than 5% in European morning trading, while those in premium sports-car maker Porsche were up 6.9%. BMW and Renault traded 4.6% and 2.9% higher, ...