December 30, 2019

Oil steady on trade pact optimism, stock draw; eyes on MidEast

Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected U.S-China trade deal, while traders kept a […]
December 30, 2019

Asian shares down from 18-month top; oil steady after U.S. strikes

A broad gauge of Asian share markets fell on Monday as investors consolidated gains after scaling 18-month highs last week, while oil was steady after the […]
December 29, 2019

Egypt competition watchdog approves Uber acquisition of Careem with conditions

Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional rival Careem after agreeing to a set of commitments proposed by the U.S.-based ride-hailing service meant […]
December 29, 2019

China commerce ministry says it has proactively dealt with U.S. trade frictions

China’s Commerce Ministry has “proactively dealt with” trade frictions with the United States this year, it said on Sunday after an annual work conference. Powered by […]
December 28, 2019

Musk says Boring Co’s Las Vegas tunnel to ‘hopefully’ be operational next year

Elon Musk, founder of tunneling enterprise Boring Company, said in a tweet that a commercial tunnel in Las Vegas would “hopefully” be fully operational in 2020. […]
December 28, 2019

Sinochem unit gets $1.65 billion investment from state firms

Sinochem Energy, a unit of China’s Sinochem Group, has agreed to sell a 20% stake to five state-owned firms for 11.56 billion yuan ($1.65 billion), Xinhua […]
December 28, 2019

U.S. eyes customs deal with Mexico, plans attorney general visit in January

The United States is looking at ways to cooperate with Mexico on customs along their border to curb flows of illicit arms, drugs and money, the […]
December 27, 2019

Tim Hortons President Alex Macedo to leave next year

Restaurant Brands International Inc said on Friday Alex Macedo, the president of coffee and breakfast chain Tim Hortons, will be stepping down after two years in […]
December 27, 2019

Recession, robots and rockets: another roaring 20s for world markets?

Helicopter cash, climate crises, smart cities and the space economy — investors have all those possibilities ahead as they enter the third decade of the 21st […]
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