July 12, 2019

Oil flat as tropical storm limits output, glut forecasts weigh

Oil prices were little changed on Friday as U.S. Gulf of Mexico crude output dropped by more than half from disruptions caused by a tropical storm, […]
July 12, 2019

U.S. to hold hearing on French tax investigation Aug. 19

The U.S. Trade Representative’s (USTR) Office will hold a hearing on Aug 19 in its probe of France’s new planned tax on big technology companies, calling […]
July 12, 2019

Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars

Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash […]
July 12, 2019

EU legal advice favors Vivendi in feud with Mediaset

An Italian law that forced French media group Vivendi to forfeit most of its voting rights in Italian broadcaster Mediaset may not comply with European rules, […]
July 12, 2019

Renault-Nissan audit findings submitted to French prosecutors

Renault has handed French prosecutors the conclusions of an audit into its joint finances with alliance partner Nissan , the carmaker said on Friday. Powered by […]
July 12, 2019

Wall Street hits record high on rate cut optimism

The three main indexes hit record intraday highs on Friday, continuing a strong run for the week on hopes of an interest rate cut this month, […]
July 12, 2019

Exclusive: Pentagon races to track U.S. rare earths output amid China trade dispute

The Pentagon is rapidly assessing the United States’ rare earths capability in a race to secure stable supply of the specialized material amid the country’s trade […]
July 12, 2019

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain

WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the […]
July 12, 2019

Boeing 737 MAX to remain off United Airlines’ schedule until November 3

United Airlines Holdings said on Friday the Boeing 737 MAX would stay off its flight schedule until Nov. 3, a fresh extension leading to about 2,100 […]
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