April 10, 2019

How Trafigura lost $254 million on oil and gas hedges

One of the world’s biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders face when […]
April 10, 2019

Exclusive: VW eyes buying big stake in China partner JAC, taps Goldman – sources

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser […]
April 10, 2019

Ghosn lawyers file second appeal against detention: Kyodo

Carlos Ghosn’s defense lawyers filed their second appeal against his latest detention on Wednesday, Kyodo news reported, as the ousted chairman of Nissan Motor Co seeks […]
April 10, 2019

Aramco’s new bonds inch up in early trade: sources

Saudi Aramco’s newly issued dollar-denominated bonds inched up on Wednesday, with longer-dated paper outperforming, sources familiar with the matter said. Powered by WPeMatico
April 10, 2019

Nissan brand Infiniti aims to launch first electric car in three years, made in China

The first electric car for Nissan Motor Co’s premium brand Infiniti will be a sporty sedan produced in China, the Japanese carmaker said in a statement […]
April 10, 2019

Exclusive: SK Innovation in talks to set up EV battery JVs with Volkswagen, China partners

SK Innovation Co Ltd is in talks to set up separate battery-making joint ventures with Volkswagen AG and Chinese partners, as the South Korean petrochemicals producer […]
April 10, 2019

Asian stocks retreat from eight-month high as Trump opens new trade war front

Asian shares slipped from eight-month highs on Wednesday as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked […]
April 10, 2019

Exclusive: Volkswagen eyes buying big stake in China partner JAC Motor, taps Goldman – sources

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motor and has tapped Goldman Sachs as an adviser […]
April 10, 2019

Boeing records zero new MAX orders following global groundings

Boeing Co’s orders and deliveries sank in the first quarter, with zero new orders for the 737 MAX following a worldwide grounding in March in the […]
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