October 3, 2018

Brent hits new four-year high on Iran supply worries

Brent crude rose nearly 2 percent after hitting a four-year high on Wednesday as the market focused on upcoming U.S. sanctions on Iran while shrugging off […]
October 3, 2018

Financials lift Wall Street, but rate worry caps gains

Wall Street advanced on Wednesday and the Dow Jones Industrial Average closed at a record for a second day, after U.S. economic data fueled a rise […]
October 3, 2018

Honda to invest $2.75 billion in GM’s self-driving car unit

Honda Motor Co Ltd will invest $2.75 billion and take a 5.7 percent stake in General Motors Co’s Cruise self-driving vehicle unit, to jointly develop autonomous […]
October 3, 2018

Brent crude at highest since October 2014, Iran sanctions drive buying

Brent crude rose to a four-year high on Wednesday, as the market focused on upcoming U.S. sanctions on Iran while shrugging off the year’s largest weekly […]
October 3, 2018

Dell exploring IPO option if tracking stock bid fails

Dell Technologies Inc confirmed on Wednesday it had met with some investment banks to explore an initial public offering if its plan to buy the tracking […]
October 3, 2018

Exclusive: Saudi Arabia, Russia agreed in Sept to lift oil output, told U.S.

Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed the United States before a meeting […]
October 3, 2018

Honda to invest $2.75 billion in GM’s Cruise self-driving unit

Honda Motor Co Ltd will invest $2.75 billion in General Motors Co’s Cruise Automation, the second outside multibillion-dollar commitment to the self-driving vehicle unit this year […]
October 3, 2018

Wall Street climbs as financials gain; S&P nears record high

The Dow Jones Industrial Average hit a record high on Wednesday, driven by gains in financial and technology stocks and a robust monthly private payrolls report. […]
October 3, 2018

Fast and serious: Vietnam’s first domestic car manufacturer bets big

At a time when auto companies in the developed world are facing a squeeze on their profits from cash-rich tech firms, Vietnam is betting car-making can […]
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