June 25, 2019

Oil prices drop on demand worries, Saudi supply pledge

Oil prices inched lower on Tuesday, weighed down by concerns over declining crude demand and a Saudi pledge to offset any shortfall from countries hit by […]
June 25, 2019

BMW’s hybrid cars to switch to electric only mode in polluted cities

BMW’s new hybrid cars will automatically switch off their combustion engines in heavily polluted inner city areas and use pure electric driving mode as a way […]
June 25, 2019

Trade stress, Iran tensions hits stocks, dollar frets on Fed doves

European shares were spooked by Iran tensions and trade jitters on Tuesday, while the risk of more dovish talk from the Federal Reserve inflated gold to […]
June 25, 2019

Fund supermarket Allfunds bulks up with Credit Suisse deal

Spain’s Allfunds Group is buying Credit Suisse’s business-to-business investment fund platform InvestLab for an undisclosed sum as the investment services industry consolidates to reap the benefits […]
June 25, 2019

With job intact, Nissan’s CEO pins Renault alliance on mutual respect, flags inequality risk

Nissan Motor Co Ltd on Tuesday threw cold water on hopes for a quick fix to strained relations with France’s Renault SA, saying inequality between the […]
June 25, 2019

Carrefour boss rules out exiting more countries after China deal

Carrefour boss Alexandre Bompard said he had no plans to exit other countries after the French supermarket retailer agreed to sell a majority stake in its […]
June 25, 2019

Oil prices drop amid demand worries, but U.S.-Iran tensions support

Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions […]
June 25, 2019

Trade stress hits stocks, dollar frets on Fed doves

Asian shares were haunted by trade anxiety Tuesday while the risk of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, […]
June 25, 2019

‘Storm approaching’: firms fear for deliveries in shipping shakeup

U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause transport disruption that it brought forward the shipment […]
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