November 14, 2018

Elon Musk’s ‘Teslaquila’ drink faces clash with Mexican tequila industry

Tesla Inc co-founder Elon Musk and Mexico’s tequila producers could be headed for a collision after the agave-based drink’s industry group opposed the flamboyant billionaire’s efforts […]
November 14, 2018

Ford, Walmart collaborate to design automated-vehicle delivery

Ford Motor Co , Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers […]
November 14, 2018

Oil rises as OPEC, partners discuss supply cut

Oil rose on Wednesday, recouping some of the previous session’s slide, on the growing prospect of OPEC and allied producers cutting output at a meeting next […]
November 14, 2018

Pfizer loses blockbuster drug patent fight in UK Supreme Court

Pfizer lost the final round in a long-running patent battle in Britain on Wednesday after the country’s highest court ruled against it in a case involving […]
November 14, 2018

Blackrock reports ownership of 5 percent of Petrobras’ preferred shares

Blackrock Inc has reported owning 5 percent of preferential shares in Petroleo Brasileiro SA , the state-run oil company said in a statement on Wednesday. Powered […]
November 14, 2018

Oil seeks floor, stocks tumble, sterling braces for wild swings

Oil struggled to find a floor and stocks tumbled on Wednesday as disappointing German GDP figures heightened worries over slowing global growth, while the pound eased […]
November 14, 2018

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, three sources familiar […]
November 14, 2018

Daimler to open new R&D center in China to accelerate localization

German automaker Daimler AG said on Wednesday it plans to invest 1.1 billion yuan ($158.23 million) in a second research and development center in Beijing to […]
November 14, 2018

Euro under pressure as Italy sticks to deficit target in budget

The euro hovered below $1.13 on Wednesday as Italy re-submitted its draft budget for next year to the European Commission and traders prepared for economic growth […]
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