December 4, 2018

GM moves to challenge Ford in U.S. commercial fleet sales

General Motors Co is intensifying its attack on rival Ford Motor Co’s lead in sales to U.S. commercial fleets to prop up profit margins amid weakening […]
December 4, 2018

Exclusive: Exxon seeks to sell its stake in giant Azeri oil field – sources

Exxon Mobil is seeking to sell its stake inAzerbaijan’s largest oil field, once dubbed the “contract of the century”, as the U.S. oil and gas giant […]
December 4, 2018

World stocks shrivel as trade truce doubts, economic woes gather

Deflating hopes of a swift resolution to the Sino-U.S. trade war knocked world stocks off three-week highs on Tuesday, while growing fears the U.S economy could […]
December 4, 2018

Thomas Cook CDS hits record high on growing debt worries; shares sink

The cost of insuring debt issued by Thomas Cook against default hit a record high and its corporate debt tumbled on Tuesday as worries about the […]
December 4, 2018

Apple assembler Foxconn considering iPhone factory in Vietnam: state media

Apple Inc’s biggest iPhone assembler, Foxconn, is considering setting up a factory in Vietnam to mitigate any impact of an ongoing trade war between the United […]
December 4, 2018

Exclusive: Lion Air ponders cancelling Boeing jets in row over crash: sources

Indonesia’s Lion Air is reviewing airplane purchases from Boeing Co and has not ruled out cancelling orders as relations worsen in a spat over responsibility for […]
December 3, 2018

U.S. wants to end subsidies for electric cars, renewables: White House

White House economic adviser Larry Kudlow said on Monday the United States wants to end subsidies for electric cars and other items including renewable energy sources. […]
December 3, 2018

Qualcomm says China comment will not revive NXP deal

U.S. chipmaker Qualcomm Inc said on Monday it was not looking to revive its abandoned $44 billion acquisition of Dutch peer NXP Semiconductors NV , a […]
December 3, 2018

Amazon briefly edges out Apple for most valuable company

Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc. Powered by […]
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