December 5, 2019

BP increases stake in Lightsource BP to 50% from 43%: statement

BP is increasing its stake in Lightsource BP to 50% from its current 43%, the solar energy developer said in a statement on Thursday. Powered by […]
December 5, 2019

China maintains tariffs must be reduced for phase one trade deal with U.S.

Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Asian nation’s commerce ministry said on Thursday, […]
December 5, 2019

Investors urge Big Oil to follow ‘poster child’ Repsol’s climate pledge

Investors cheered Spanish group Repsol’s pledge to slash net carbon emissions to zero by mid-century, saying they hope it will pile pressure on rival oil and […]
December 5, 2019

Graphic: Gazing into the recession crystal ball

The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American […]
December 5, 2019

Graphic: Wall Street’s high-stake bets on calm less risky than they seem

At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn’t have come at a worse time. Powered by WPeMatico
December 5, 2019

Asian stocks climb as trade deal hopes flicker among Trump’s mixed signals

Stock markets in Asia inched up on Thursday on the possibility that China and the United States may soon seal a “phase one” deal to end […]
December 5, 2019

Exclusive: GM, LG Chem to announce EV battery joint venture in Ohio – sources

General Motors and South Korea’s LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar […]
December 5, 2019

Huawei appeals against U.S. ban on rural carrier customers accessing subsidies

China’s Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and […]
December 5, 2019

Asian shares gain as trade deal hopes flicker among Trump’s mixed signals

Stock markets in Asia gained on Thursday on hopes that China and the United States may soon seal a preliminary deal to end their 17-month trade […]
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