December 27, 2018

Dramatic stock market rally runs out of steam

A dramatic global stock rally faded on Thursday after a fall in Chinese industrial profits offered a reminder of the pressures on the world economy. Powered […]
December 27, 2018

Exclusive: Foxconn to begin assembling top-end Apple iPhones in India in 2019 – source

Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract […]
December 27, 2018

U.S. government advises workers on staving off creditors amid shutdown

As a partial shutdown of the U.S. government stretched into its sixth day, the agency that oversees the federal workforce offered advice on staving off creditors […]
December 27, 2018

Mexico says military to play bigger role in stopping fuel theft

Mexico’s government unveiled a plan on Thursday to step up use of the armed forces to combat fuel theft, vowing to root out corrupt officials it […]
December 27, 2018

Exclusive: White House mulls new year executive order to bar Huawei, ZTE purchases

President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment […]
December 27, 2018

Exclusive: New allegations against Ghosn concern payments to Saudi businessman – sources

Fresh misconduct allegations brought by Tokyo prosecutors against ousted Nissan Chairman Carlos Ghosn center on the use of company funds to pay a Saudi businessman who […]
December 27, 2018

Oil prices fall more than 1 percent as U.S. stock markets retreat

Oil prices fell on Thursday after rebounding 8 percent in the previous session, with prices pressured by concerns over a faltering global economy and worries about […]
December 27, 2018

Oil slips back toward 18-month lows on oversupply

Oil prices fell on Thursday after rebounding 8 percent in the previous session, as worries over a glut in crude supply and concerns over a faltering […]
December 27, 2018

China’s Sinopec suspends top officials at trading arm

Sinopec has suspended two top officials at its trading arm Unipec and is evaluating the details related to certain crude oil transactions that have incurred some […]
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