November 29, 2018

Oil strengthens ahead of G20 meeting, but supply rise caps gains

Oil prices ticked higher on Thursday on optimism that trade talks at the G20 meeting could aid the global economy and improve the demand outlook, while […]
November 29, 2018

Elon Musk ducks out of one Los Angeles tunnel but pursues another

Billionaire entrepreneur Elon Musk has scrapped plans for a high-speed passenger tunnel under the West side of Los Angeles but is moving ahead with a similar […]
November 29, 2018

Asia stocks advance, dollar struggles on signs of more cautious Fed

Asian stocks advanced on Thursday, tracking a surge on Wall Street, after the chairman of the U.S. Federal Reserve suggested it may nearing an end to […]
November 29, 2018

Volkswagen planning new North America factory for electric vehicles

Volkswagen is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker’s new head for […]
November 28, 2018

Exclusive: U.S. senators ask White House to probe ZTE work in Venezuela

Two U.S. senators on Wednesday asked the Trump administration to investigate whether Chinese telecommunications company ZTE Corp violated U.S. sanctions by helping Venezuela set up a […]
November 28, 2018

Trump studying new auto tariffs after GM restructuring

U.S. President Donald Trump said on Wednesday that new auto tariffs were “being studied now,” asserting they could prevent job cuts such as the U.S. layoffs […]
November 28, 2018

Pimco buys all of $3 billion UniCredit bond: sources

U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy’s top bank UniCredit […]
November 28, 2018

Fed’s gradual rate hikes balance against risks: Powell

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that while there was “a great deal to like” about U.S. prospects, the Fed’s gradual interest-rate hikes […]
November 28, 2018

Instant View: Fed’s gradual rate hikes balance against risks – Powell

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that while there was “a great deal to like” about U.S. prospects, the Fed’s gradual interest-rate hikes […]
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