September 12, 2018

Oil nears $80 a barrel as concern grows over global supply

Oil cut earlier losses and rose towards its highest level this year on Wednesday, after a drop in U.S. crude inventories and as the prospect of […]
September 12, 2018

New York overtakes London as top financial center; Brexit blamed

New York has overtaken London as the world’s most attractive financial center, a survey said on Wednesday, as Britain’s decision to leave the European Union prompts […]
September 12, 2018

German consumer body to file VW class action suit over diesel tests

Volkswagen will face another class action lawsuit over its rigging of diesel emissions tests, this time at home when Germany introduces a new law in November. […]
September 12, 2018

FTSE confirms new Unilever not eligible for UK blue chip index

Consumer goods giant Unilever will not be included in Britain’s blue-chip FTSE 100 index once it ends its dual-headed structure, index compiler FTSE Russell said. Powered […]
September 12, 2018

Asia stocks fall to 14-month lows as trade concerns simmer

Asian stocks slipped to 14-month lows on Wednesday with investor confidence chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict. Powered […]
September 12, 2018

In Tesla’s shadow, China’s NIO raises $1 billion from IPO: sources

Chinese electric vehicle start-up NIO Inc priced its shares near the bottom of its targeted price range in its U.S. initial public offering, according to sources […]
September 12, 2018

Ryanair pilots, cabin crew in Germany stage strike

Pilots and cabin crew at Ryanair in Germany started a full-day walkout early on Wednesday to put pressure on management in labor talks with Europe’s biggest […]
September 12, 2018

Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions

Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming sanctions against Iran raised expectations of tightening supply, while […]
September 12, 2018

JPMorgan looks abroad as it commits $500 million more to urban renewal

JPMorgan Chase & Co will provide $500 million over five years to promote economic opportunities in selected cities, including some outside the United States, the bank […]
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