July 12, 2019

Volkswagen to inject $2.6 billion into Ford unit Argo AI: source

Carmaker Volkswagen will inject $2.6 billion into Ford’s self-driving unit Argo AI at an overall valuation of $7 billion in the deal, a source close to […]
July 12, 2019

Oil lingers near six-week highs amid Gulf of Mexico storm, Middle East tensions

Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut […]
July 12, 2019

China considers limited support for petrol-electric hybrids in boon for Toyota, Honda

China is considering re-classifying petrol-electric hybrid vehicles so they get more favorable treatment than all-petrol or diesel counterparts under clean car rules, making it easier for […]
July 12, 2019

Asian shares veer between gains and losses before key China data

Asian shares shuttled between small losses and gains on Friday as investors awaited China trade, lending and growth data, and as worries over Sino-U.S. trade tensions […]
July 12, 2019

Asian shares dart between gains and losses before key China data

Asian shares veered between small losses and gains on Friday as investors awaited key China trade and lending data, and as worries over Sino-U.S. trade tensions […]
July 12, 2019

Exclusive: Walmart told U.S. government India e-commerce rules regressive, warned of trade impact

Walmart told the U.S. government privately in January that India’s new investment rules for e-commerce were regressive and had the potential to hurt trade ties, a […]
July 11, 2019

Boeing reshuffles management of grounded 737: memo

Boeing Co has reassigned the head of its next airplane project to run the troubled 737 program, according to a memo seen by Reuters on Thursday, […]
July 11, 2019

June imports fall at top U.S. hub for China ocean trade

The Los Angeles and Long Beach port complex, the nation’s busiest and the No. 1 for ocean trade with China, – handled 5.1%fewer inbound containers of […]
July 11, 2019

Fed’s Powell affirms rate cut view; others see U.S. economy humming

As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from […]
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