Oil prices slip as U.S. stocks surge, but global market tightens
Rising U.S. crude stocks dragged oil lower on Thursday but prices continued to find a floor as OPEC-led cuts and freefalling Venezuelan output tightened global supplies.
Rising U.S. crude stocks dragged oil lower on Thursday but prices continued to find a floor as OPEC-led cuts and freefalling Venezuelan output tightened global supplies.
Bayer’s chief executive on Thursday acknowledged the German maker of pharmaceuticals and crop chemicals was facing massive challenges from a wave of lawsuits over an alleged carcinogenic effect of its Roundup weedkiller.
The U.S. Commerce Department said on Wednesday that is adding 37 Chinese companies and schools to a red-flag list of “unverified” entities that U.S. companies should treat with caution, according to a notice in the Federal Register.
China’s commerce ministry confirmed on Thursday that it was examining an application from a U.S. trade association requesting a review of its anti-dumping tariffs on imports of distillers grains (DDGS) from the United States.
The United States will discuss Spanish oil company Repsol’s activity in Venezuela in the next few days, U.S. Venezuela envoy Elliott Abrams said on Thursday.
Italy’s biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.
The wife of ousted Nissan Motor Co Ltd boss Carlos Ghosn was questioned by prosecutors at Tokyo District Court on Thursday, Kyodo News reported, a week after her husband was arrested for a fourth time.
Carlos Ghosn’s “illegal” arrest has interrupted his care for chronic kidney failure, which the former Nissan Motor boss suffers from as a result of treatment for high cholesterol, his defense alleged in documents seen by Reuters on Thursday.
Uber Technologies Inc may face a cooler reception from investors than expected when it prices its initial public offering next month since smaller U.S. ride-hailing rival Lyft Inc’s aggressive stock launch and subsequent fall.
China’s commerce ministry said on Thursday that senior trade negotiators from the United States and China discussed the remaining issues in a phone call following the last round of talks in Washington.
China’s commerce ministry said on Thursday that it received an application seeking a review of Beijing’s anti-dumping tariffs on imports of distillers grains (DDGS) from the United States.
Airbus SE said on Thursday that a test flight of its Zephyr surveillance and communications drone in Australia for the British Ministry of Defence was “interrupted” due to adverse weather conditions last month.
Dutch semiconductor equipment maker ASML said on Thursday that a U.S. software subsidiary was the victim of corporate theft several years ago, but denied that the information stolen was a blueprint for its lithography machines.
Dutch semiconductor equipment manufacturing company ASML Holding NV on Thursday confirmed it had been the victim of corporate espionage but downplayed the impact on its business.
A Turkish court on Thursday acquitted HSBC Turkey chief executive Selim Kervanci of a charge of insulting President Tayyip Erdogan by retweeting a video on social media at the time of nationwide protests in 2013.
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