December 19, 2019

Volkswagen brand to post record profit on SUVs, cost cuts: executive

Volkswagen’s namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility […]
December 19, 2019

German court bans Uber services via rental cars in Germany

A German court has banned Uber services in Germany arguing the U.S. ride hailing company lacks a necessary licence to offer passenger transport services using rental […]
December 19, 2019

Oil hovers near three-month highs on trade progress, lower inventories

Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China. Powered by […]
December 19, 2019

China announces new tariff exemptions for U.S. chemical, oil products

China on Thursday unveiled a new list of import tariff exemptions for six chemical and oil products from the United States, days after the world’s two […]
December 19, 2019

China says in touch with U.S. on signing of Phase 1 trade deal

China and the United States are in touch over the signing of their Phase 1 trade deal, China’s commerce ministry said, which will see lower U.S. […]
December 19, 2019

Stocks near record highs, Sweden ends negative rates

World stocks drifted down from the week’s record highs on Thursday, while the crown gained as Sweden’s central bank became the first to raise interest rates […]
December 19, 2019

Norwegian Air hoping to agree Boeing 737 MAX compensation this year

Norwegian Air hopes to agree compensation from Boeing by year-end over the grounding of the 737 MAX, the airline’s acting CEO said, as it counts the […]
December 19, 2019

Airbnb wins fight to remain exempt from European property rules

U.S. homesharing site Airbnb on Thursday won its battle to remain exempt from onerous European property regulations, as the EU’s top court ruled it was an […]
December 19, 2019

Exclusive: India’s NTPC snubs foreign emissions tech, shuts out GE, others from $2 billion orders

Top Indian electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them out of […]
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