December 18, 2018

German auto supplier to plead guilty, pay $35 million fine in VW emissions case

German auto supplier IAV Gmbh has agreed to plead guilty and pay a $35 million fine for conspiring to assist Volkswagen AG in its effort to […]
December 18, 2018

IPO activity next year could dampen if markets do not rebound: report

The excitement of proposed initial public offerings by ride-hailing rivals Uber and Lyft next year may not be enough to encourage other firms to follow suit, […]
December 18, 2018

Equity markets edge up, oil drops, on growth worries ahead of Fed meeting

World stock markets inched higher on Tuesday as investors looked ahead to whether the U.S. Federal Reserve will be able to raise interest rates much further […]
December 18, 2018

Oil drops on oversupply, equities sell-off

Oil prices fell on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets […]
December 18, 2018

Volkswagen may have to step up electric car plans to meet EU CO2 targets

Volkswagen may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from […]
December 18, 2018

Trump pressures Fed before meeting, warns against ‘another mistake’

U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank prepared to start its two-day policy meeting, warning the […]
December 18, 2018

Wall Street opens higher on tech boost; Fed in focus

U.S. stocks opened higher on Tuesday boosted by technology shares, as investors wait for clues on the Federal Reserve’s path for future rate hikes. Powered by […]
December 18, 2018

Oil drops 4 percent on oversupply, equities sell-off

Oil prices fell 4 percent on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in […]
December 18, 2018

Huawei to spend $2 billion over five years in cybersecurity push

Huawei Technologies [HWT.UL] on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading […]
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